Though revenue and profit at J.C. Penney has fallen off sharply amid dysfunction, at the end of...

|By:, SA News Editor

Though revenue and profit at J.C. Penney has fallen off sharply amid dysfunction, at the end of the day the company is still a +$12B retail giant with over 1K stores. This indicates if a Sears-type cost-cutting plan is implemented, at least a few department store chains could see even more benefits as JCP refugees head their way. The likeliest suspects: Macy's (M), T.J. Maxx (TJX), Gap (GPS), Kohl's (KSS).