Will JC Penney (JCP) Die this Holiday Season?
The 2018-2019 Holiday Season could kill two of the most historic names in American retail, Sears (OTMKT: SHLDQ) and JC
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
JC Penney’s (NYSE: JCP)
Target’s Summer of Pain, the Revenue Collapse Continues
It might be a coincidence but Jet’s revenue claims seem to match the drop in revenues at Target. In February 70% of Jet sales were from first time buyers. Particularly to worrisome to Target should be the fact that 81% of shoppers were unaware of Jet’s existence. That means it has a lot of room to grow and Walmart is now behind it.
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