I had a very timely experience with what I call "sales plan insanity" at J.C. Penny recently, where JC Penny was essentially giving inventory away for nearly nothing (almost FREE). And, when I first encountered this sales strategy first hand, I knew for certain that JCPenny's earnings were going to suffer dramatically.But, I guess the "analysts" that cover J.C. Penny Stock (NYSE:JCP), do not
Friday, November 14, 2008
JCPenny (NYSE:JCP) Merchandise Giveaway; Profits Lower
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