The longer the [[J.C. Penney transformation]] continues to result in a bloodletting of shoppers...
Friday, November 9, 2012, 8:49 AM ETThe longer the [[J.C. Penney transformation]] continues to result in a bloodletting of shoppers the better things look for department store rivals eager to poach disgruntled customers. In particular, Macy's (M) looks ripe to keep its online sales juggernaut rolling right along, while TJX Companies (TJX) and Kohl's (KSS) are also clear beneficiaries. It also doesn't hurt that one little bit that Sears and K-Mart are trimming their own retail footprint.
Latest Consumer Articles