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This Memorial Day Look At How The Other Half Shops
forbes.com 5 days, 20 hours agoWhen you leave home this Memorial Day, honor those who served by paying attention to how they live and shop.
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J.C. Penney: Ditch The Risky Pricing Strategy
harvardbusiness.org 1 week, 2 days agoWhile I was dubious about J.C. Penney's switch to its Fair and Square Everyday Low Pricing Strategy , even I have been surprised at how miserably the strategy is faring so far. During its first quarter under the new pricing strategy , same store sales dropped by 18.9%, store visits decreased by 10%, and the average spend was down by 5%. As a result, the retailer lost $163 million (compared to earning $64 million in the first quarter of 2011) and suspended its quarterly dividend. J.C. Penny's stock, which bo










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