J.C. Penney Demonstrates The Value In Department Stores
- The modest recovery at JC Penney (JCP) demonstrates that the department store business model is far from dead.
- JC Penney demonstrates that there are some value opportunities in the department store sector.
- JC Penney, Macy’s, and Nordstrom have also seen modest gains in TTM revenue in the last year.
- Sear’s and Kohl’s have posted losses in the year.
- Stagnating middle class income levels might be hurting Sear’s and Kohl’s.