Jcponderings
I produce non produce links much - permit lone non-finance links. However similar much of the fiscal the world I am wondering whether Johnson tin transform JC Penney earlier he has no liquidity left to play with. The financials are a train-wreck. But leaving a 3rd tier retailer lone inwards America is besides a near-guaranteed educate wreck - if you lot left JCP untouched it would slide from irrelevance to bankruptcy over mayhap a decade.
The turnaround logic looks from the exterior like:
We must produce something.
This is something.
Therefore nosotros must produce it.
The link below is a nuanced fashion-based seek out of this issue.
http://jcponderings.weebly.com/
http://jcponderings.weebly.com/
Enjoy.
John
PS - The link to this article inwards Vogue is worth the cost of admission ... http://www.vogue.com/vogue-daily/article/what-price-glory-jcpenney/#1
PS - The link to this article inwards Vogue is worth the cost of admission ... http://www.vogue.com/vogue-daily/article/what-price-glory-jcpenney/#1
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