Monday, May 23, 2016

Retailers can’t afford to ignore what former J.C. Penney CEO Allen Questrom is saying

Image result for department store interiorAllen Questrom has advice for the industry he helped to build: Be retailers, take care of your stores and give shoppers a reason to visit them, or close them.
The former CEO of J.C. Penney, Federated (Macy’s predecessor), Neiman Marcus and Barneys New York, agrees with a growing sentiment that there are too many stores out there. He was interviewed on CNBC Squawk Box this morning by Becky Quick.. . . more

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