Even since I walked into Kohls for the first time, I realized where JC Penny shoppers had gone. JC Penny should make a similar move like Best Buy did last year and start shutting down unproductive stores to save revenue. Kohls seems like a good candidate for a potential buyer. Your thoughts on how JC Penny could lease their stores?
jcp must file so they can reorganize and dump unprofitable stores. No respectable retailer would possibly buy stores from a company on the verge of bankruptcy. You wait and pick and chooseloxations that work and get it for song. However there are few retailers in malls that aren't there already. That space will be vacant for sometime.