If you’ve visited a TK Maxx store recently, you might have been left asking the question ‘why is TK Maxx so cheap?’.
TK Maxx keeps its prices low by buying designer products that have been over-produced, or buying excess stock that has been purchased by another retailer at a low price. They can then pass this saving onto the end consumer – in other words, you!
In this article, we’ll tell you everything you need to know about TK Maxx, including how they keep their prices so low and whether there’s anything you should watch out for when you’re buying from TK Maxx.
How Does TK Maxx Keep Its Prices So Low?
TK Maxx keeps its prices low by sourcing products from over 4000 suppliers across the globe. Most purchases come from where a designer has produced too much of a product, or a retailer has over-purchased stock.
TK Maxx is then able to buy these products in bulk at a discounted rate, before passing the saving onto its customers. This enables TK Maxx to offer big savings on designer labels and high-end brands.
In addition, TK Maxx buys in large quantities and sells directly to customers, without the need for expensive advertising or marketing campaigns. This allows them to pass on even more savings to their customers.
How Does TK Maxx Work?
TK Maxx is loved by many shoppers for offering designer brands at affordable prices. But how exactly does TK Maxx work?
TK Maxx buyers are constantly scouring the market for designer brands that have been over-produced by designers, or over-purchased by other retailers. The company then purchases these goods in bulk for a discount price, passing this saving onto its customers.
In fact, TK Maxx purchases from over 4,000 suppliers across the globe. This enables the company to continually source designer brands at a bargain price.
You’ll find that TK Maxx also avoids expensive marketing campaigns and sales, instead offering low prices all year round. This helps to keep the costs of running the business as low as possible, so that even more savings can be passed onto customers.
What Is The TK Maxx Business Model?
The TK Maxx business model is based on offering designer brands at a fraction of the price. The company sources products from over 4,000 suppliers globally, including designers who have over-produced items and retailers who have over-purchased stock.
TK Maxx then buys these products in bulk at a discounted rate, before passing the saving onto its customers. This enables the company to offer big savings on designer labels and high-end brands, without the need for expensive marketing or advertising campaigns.
What Are The Benefits Of Shopping At TK Maxx?
There are many benefits of shopping at TK Maxx, including:
- You can save up to 60% off the RRP of designer brands
- TK Maxx offers a wide range of products, including homeware, clothing, and accessories
- You can find big savings on high-end brands that you wouldn’t normally be able to afford
- TK Maxx offers a convenient online shopping experience
- You can return items to TK Maxx for free if you’re not happy with your purchase
Does TK Maxx Sell Fakes?
One of the concerns that some shoppers have about TK Maxx is whether the store sells fake products. However, TK Maxx has a strict policy of only selling genuine products.
The company sources its stock from over 4,000 suppliers globally, all of whom are required to provide proof that their products are genuine. In addition, TK Maxx has a team of experts who check products against a database of known fakes, to ensure that only genuine items are sold in store.
So, if you’re worried about buying fake products from TK Maxx, you can rest assured that all products sold by the company are 100% genuine.
Is TK Maxx A Thrift Store?
TK Maxx is often compared to thrift stores, as both sell second-hand products at a fraction of the original price. However, there are some key differences between the two types of store.
Thrift stores tend to sell a wide range of second-hand goods, including clothes, homeware, and books. TK Maxx, on the other hand, focuses exclusively on selling new brand-name clothes and accessories.
In addition, thrift stores are usually run by charities or non-profit organizations, whereas TK Maxx is a for-profit business.
So, while TK Maxx and thrift stores both sell products at discount prices, there are some key differences between the two types of store.
When Does TK Maxx Restock?
TK Maxx is constantly receiving new stock, as the company sources products from over 4,000 suppliers globally. This means that there is always something new to discover in store.
However, if you’re looking for a particular item, it’s worth checking back regularly, as popular items do tend to sell out quickly.
Is TK Maxx Second Hand?
No, TK Maxx is not a second-hand store. The company sells new products that have been sourced from over 4,000 suppliers globally.
While some of these products may be overstocks or end-of-line items, all of the products sold by TK Maxx are brand-new and have never been worn or used before.
What Time Does TK Maxx Open?
The majority of TK Maxx stores open at 9am Monday – Saturday and at 10am on a Sunday. However, opening times can vary slightly from store to store, so it’s always worth checking the opening times of your local TK Maxx before you visit.
What Time Does TK Maxx Close?
Most TK Maxx stores close at 8pm Monday – Saturday, and at 4pm on a Sunday. However, as with opening times, closing times can vary slightly from store to store, so it’s always best to check before you travel.
How Can I Find My Nearest TK Maxx Store?
You can find your nearest TK Maxx store by using the store locator on the company’s website. Simply enter your location, and the store locator will provide a list of all the TK Maxx stores in your area.
Can I Shop at TK Maxx Online?
Yes, you can shop at TK Maxx online as well as in store. The company’s website offers a convenient online shopping experience, with free delivery on orders over £50.
Where Do TK Maxx Get Their Stock?
TK Maxx sources its stock from over 4,000 suppliers globally. This means that the company has a wide range of products to choose from, with something to suit every taste and budget.
Some products are sourced from designers who have over-produced a certain product line, whilst other products may be purchased from retailers who have over-purchased or decided to clear out end-of-line items.
In addition, TK Maxx also sources stock from manufacturers who produce products specifically for the company. This means that TK Maxx is able to offer its customers a wide range of unique and hard-to-find items.
What Is The TK Maxx Return Policy?
If you’re not happy with your purchase from TK Maxx, you can return it to the store for a refund within 28 days of purchase. For more information on TK Maxx’s return policy, please visit the company’s website.
How Does TK Maxx Compare to Other Stores?
TK Maxx is often compared to other stores that sell discounted clothes and accessories, such as Primark, Matalan, and Peacocks. However, there are some key differences between TK Maxx and its competitors.
For one, TK Maxx sells a wide range of designer brands, whereas Primark, Matalan, and Peacocks sell mostly own-brand products. In addition, TK Maxx sources its stock from over 4,000 suppliers globally, meaning that the company has a much wider range of products to choose from and an ever-changing selection of stock.
Interesting Facts About TK Maxx
Here are some interesting facts about TK Maxx:
- TK Maxx was founded in 1976 in Massachusetts, USA
- The company now has over 1,000 stores in 9 countries
- TK Maxx employs over 28,000 people globally
- The company sources products from over 4,000 suppliers globally
- TK Maxx is the largest off-price retailer in the UK
In Summary
So, there you have it – everything you need to know about TK Maxx. Whether you’re looking for designer brands at a fraction of the price, or simply want to find a bargain, TK Maxx is definitely worth a visit.
In this article, we’ve answered the question ‘why is TK Maxx so cheap?’, as well as exploring some of the most commonly asked questions about TK Maxx.