Dangerous Discounts: JC Penney, Express Slide As Holiday Promotions Shrink Profitability |
December 04, 2013 | December 2013 Bond Updates |
The market will need to wait until JC Penney reports fourth quarter earnings to see how extreme holiday discounting will impact profitability, but the trouble is already evident for Express. |
View more at: http://www.forbes.com/sites/samanthasharf/2013/12/04/dangerous-discounts-express-plunges-as-holiday-promotions-hit-profits/ |
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