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/

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