J.C. Penney's Turnaround Should Work,...

J.C. Penney's Turnaround Should Work, but We See Only Limited Near-Term Improvement

There are 1 comment on the Morningstar story from Feb 11, 2013, titled J.C. Penney's Turnaround Should Work, but We See Only Limited Near-Term Improvement. In it, Morningstar reports that:

J.C. Penney 's turnaround will work for three principal reasons: the speed at which the company has been able to change, including cutting around $1 billion in costs; the increased productivity of the early merchandise installations suggests store productivity can be dramatically improved; and we believe merchandise is the real driver of retail ... (more)

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JCP please go away

Hampton, VA

#1 Feb 11, 2013
Nothing would get me back, nothing, very sick of being told how I should like shopping, getting very tired of in your face faked JCP pricing, very tired of crap passed off as revolutionary, when it is just a rehash, mishmash of clumsy ideas, forced down the consumers throat, step back and take a good hard look.. Someone needs to see this and show smoke and mirrors Ron the door. I never ask to have how I shop changed, I change for good value, selection, try On-Line, sale prices, you will not find either at a JCPs.

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