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Retail Report Reveals “Best” and “Worst” Retailers of 2012 Season?

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Industry Experts

Charleston, SC—How do you measure what makes a retailer the “best” or “worst” of 2012? Well, According to America’s Research Group (ARG), which today released its Updated Retail Report, you have to taken into account customer retention. “A well-marketed, well-merchandised retailer needs to retain 80% or more of its customer …

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Do “Price Events” Show a New Flexibility in JCPenney’s No-Sale Policy?

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Plano, TX—Shares of JCPenney edged up this week after plummeting upon the department store’s third quarter report in November. Some retail analysts suggests that the market is reacting to JCPenney’s recent sales promotion offers. When Ron Johnson, JCP’s chief executive, announced nearly a year ago that the retailer would no …

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Holiday Cheer: JCPenney Surprising 12 Cities with Acts of Generosity

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Plano, TX—If you’ve been following JCPenney’s transformation over the last six months, you’d know that many of the department store’s units are undergoing major renovations while will continue through next year. But that’s not stopping the company from launching a coast-to-coast “Holiday Giving Tour.” The 12-day tour began Nov. 27, …

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JCPenney to Bow Limited Edition Holiday Design Collections

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Plano, TX—Neiman Marcus and Target aren’t the only national retailers to snag limited edition designer holiday collections. JCPenney announced Thursday that it added three new designers to its 2012 holiday line up: LULU by Lulu Guinness, Jenny Packham Boudoir and Double Happiness Vivienne Tam. Each collection includes handbags, fashion accessories …

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JCPenney Tweaks Price Strategy—Again

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Plano, TX—JCPenney is reportedly rethinking one of the points in its three point everyday low pricing strategy and bringing back “clearance” to its promotional vernacular. When the department store implemented its “Fair and Square” strategy in February, eliminating coupons and price-off discounts, all merchandise was priced as either everyday low …