Allen 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