Will In-Store Mini-Shops Revive J.C. Penney? Analysts Say Yes
Filed under: JC Penney, Retail, Shopping
Put aside, for now, the heated debate over whether or not J.C. Penney’s (JCP) radical “fair and square” pricing strategy, which eliminated most sales, will do irrevocable harm to the chain.
CEO Ron Johnson’s other radical change — transforming the 110-year-old department store from a sea of clothing racks into an emporium of 100 branded shops — just might be its saving grace. At least that’s what many in the analyst community seem to believe.
Whether consumers — the critics who ultimately…
Will In-Store Mini-Shops Revive J.C. Penney? Analysts Say Yes originally appeared on DailyFinance.com on 2012-09-22T06:00:00Z.
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