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re: Which of these two retailers declares bankruptcy first?

Posted on 2/28/13 at 8:26 am to
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 2/28/13 at 8:26 am to
JCP stock price is down 16% in pre-market trading. Ouch!
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 2/28/13 at 8:31 am to
I think best buy at least has an identity. JCP seems to be all over the board. They don't know if they want to be cheap or higher end. RJ, just announced they are going to go back to having a sale each week, which could compress margins even more. However, they have already lost a bunch of customers when they kept moving their vision. I went in to a JCP in Lafayette a couple of months ago, and felt like I walked into a mix of TJ Maxx and Big lots. I felt dirty.
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