Monday, March 3, 2014

The geographical problem reconsidered

Previously I suggested that JC Penny's problems were more than just the death of retail problems that have plagued many brick and mortar stores.  Rather I suggested that not having a location in cities was a problem. Since then Sears announced they are closing their flagship Loop location in downtown Chicago. So perhaps my assessments were wrong. If the downtown location didn't help Sears it probably wouldn't help JC Penny.

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