Dangerous Discounts: JC Penney, Express Slide As Holiday Promotions Shrink Profitability
- Wednesday, December 4, 2013, 11:02
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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.
http://www.forbes.com/sites/samanthasharf/2013/12/04/dangerous-discounts-express-plunges-as-holiday-promotions-hit-profits/
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