TJX centralizes operational and energy management for stores
The TJX Companies Inc. is investing in technology to integrate all store building systems.
In an email to Chain Store Age, the off-price giant is implementing an Energy Management Information System (EMIS) platform from Kode Labs. After an extensive review process to identify a solution to integrate all store building systems into a single, centralized platform, TJX selected the solution from Kode Labs.
TJX selected the platform from the EMIS solution provider due to its ability to streamline store systems, optimize energy usage, manage systems remotely, and prioritize and automate maintenance tasks across its network of stores across the U.S.
The retailer says it aims to enhance operational efficiency while delivering an exceptional shopping experience to customers.
"We selected Kode Labs because of its commitment to innovation, reliability, and scalability,” said Adam Schleyer, leader of the TJX energy supply and technology team. “We are excited about the value we expect Kode’s platform will bring to our operations and our continued efforts to enhance operational and energy efficiency across our stores."
"We couldn’t be more thrilled to be the EMIS for TJX,” said Etrit Demaj, co-founder of Kode Labs. “We are confident that we can achieve significant results for TJX, while demonstrating that large-scale initiatives can be executed swiftly and effectively."
TJX is rolling this unified store operations and energy management solution as it prepares for substantial brick-and-mortar expansion in the wake of promising fiscal results. The company reported first-quarter earnings above expectations amid sales gains across all its divisions and said its second quarter is off to a “good start.”
On the company's earnings call, TJX CEO Ernie Herrman said the retailer is "convinced" that significant market share opportunities remain across the U.S., Canada, Europe and Australia.
"Over the long term, we see potential to further expand our store footprint by at least another 1,300-plus stores with our current retail banners in our existing countries alone," he told analysts.
At the end of the first quarter of 2024, Framingham, Mass.-based The TJX Companies Inc. operated a total of 4,972 stores across nine countries including TJ Maxx, Marshalls, HomeGoods, Homesense and Sierra in the U.S.; Winners, HomeSense, and Marshalls in Canada; TK Maxx and Homesense in Europe; and TK Maxx in Australia.