Research
Wall Street Journal, “J.C. Penney Aims to Trim Growing Inventory at Comparable Stores”
Including insights from The Hackett Group’s Michael Unger. “J.C. Penney Co. Inc., which blamed unseasonable weather for anemic sales last quarter, aims to reduce inventory, which rose 2.6% on a same-store basis, said Jeffrey Davis, finance chief of the retail chain.”
