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J. C. Penney Company, Inc. Message Board

  • hopping_on_bandwagon hopping_on_bandwagon Aug 12, 2013 7:25 AM Flag

    From Bloomberg News this morning

    "There is no fix for this holiday season." "They may stabilize their loss of sales... But that's no solution." They dropped $4.2B last year. This was a viable stable business, and it was instantly destroyed. They see bankruptcy on the horizon. The loan was almost as unfavorable as bankruptcy.

 
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