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J. C. Penney Company, Inc. Message Board

  • adelantado adelantado Oct 7, 2013 1:35 PM Flag

    Even with a turn-arround, the best JCP can become is:

    Just another large "me too" chain-store in a crowded field dedicated to selling mid-price goods to a shrinking middle class.But JCP is too asset-based and inefficient in today's market. Sometimes, its important to recycle assets and people from tied-up in failing businesses so that more efficient businesses can progress. The earlier the better, not only for JCP but its investors, creditors, employees, suppliers and customers. The first shoe has fallen, not for the second.....

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JCP
10.23-0.54(-5.01%)Sep 19 4:05 PMEDT

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