Friday, November 16, 2018

Inventory Reduction Push at J.C. Penney Thins Margins

The struggling retail chain has been liquidating merchandise as it winnows its product assortment to focus on the most profitable brands and categories. Although Penney is making progress on that goal, efforts to clear the sales floor have also thinned margins.

from WSJ.com: US Business https://ift.tt/2RYKV0V
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