Is T.J.Maxx the Best Retailer in the U.S.?

AUGUST 9, 2014

tjmaxxT.J. Maxx (the TJX company) is the “black box” of retailing–one of the most secretive retailers around– writes Fortune(Aug. 11, 2014). With over 3,200 stores in the U.S., the TJX off-price business is a volume game: selling a ton of goods and selling them fast. The measure of speed here is how quickly a company turns over its inventory: TJX does that every 55 days, vs. 85 for its peer group. Indeed, the company is structured to whisk items through its distribution centers and stores: TJX shipped some 2 billion units to its stores in 2014, up from 1.6 billion in 2010.
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The Outsourcing Trend at Airlines

JULY 9, 2014

aa baggageAirline representatives at U.S. airports increasingly aren’t employees of the carriers they represent, reports The Wall Street Journal (July 8, 2014). United Continental Holdings, for example, will soon outsource jobs at 12 airports to vendors who will perform the duties at lower cost. The change impacts 635 workers in areas including check-in, baggage-handling, and customer service. Part of a broader effort by United to cut costs, it reflects how big U.S. airlines are using vendors to handle key jobs at most airports, a trend that can reduce expenses but also risks hurting customer service.  American, Delta, and Alaska Airlines are among the carriers that already outsource a large share of this work.

Passengers often don’t realize the check-in agents they deal with at airports don’t work for the airline they are flying. Often, at smaller airports, the same workers may represent multiple competing carriers. Continue reading

Robots That Kill

JUNE 20, 2014

robot cage“The Return of the Killer Robots”—sounds like the title of a bad sci-fi movie!  But The New York Times (June 17, 2014) reports the dangers that robots pose to the humans who work alongside them, documenting at least 33 workplace deaths and injuries in the U.S., a number may well understate the perils ahead.

Robots have long toiled alongside workers in factories and warehouses, where they load boxes with items ordered online, drill and weld car parts, or move food from one conveyor belt to the next. Continue reading