Expert Analyses of the following article:
JCPenney achieves store growth goal
Source: www.retailingtoday.com
November 5, 2007J.C.Penney (JCP) optimistic and undeterred by current negative holiday spending forecast.
Author: Mark Sussman, President and Chief Executive Officer, Pyramid Solutions, Inc.
With the B.T.S. boost in sales, JCP believes that their assortment is trend and brand right to mitigate the forecasted tough holiday season. JCP, along with their competition, Kohl’s. Target and the others feel that results for the holiday season may indeed be in consistent with original forecast and plans but given their vast improvement in operating and merchandising they are rightfully bullish...
November 5, 2007
JCPenney achieves store growth goal
Author: GLG Expert Contributor
Author: GLG Expert Contributor
JCPenney announced that it has achieved its goal to open 50 new stores in 2007. This is a testament to the effectiveness of the growth plan and the efficiency of management to implement that plan.
These new off-mall stores appear to be appealing to new and existing customers.
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