Tuesday, January 9, 2018

J.C. Penney will put Sears out of business, retail expert says

Fox Business

While some brick-and-mortars fight to survive he increasingly competitive retail market, one expert tells FOX Business, J.C. Penney could survive the downturn while putting Sears out of business.

“[J.C. Penney will be the] best Rocky Balboa come back in retail and it’s by pushing Sears closer to the cliff and going to the edge of Niagara Falls to break in the rocks in the barrel below,” Strategic Resource Group managing director Burt Flickinger told FOX Business’ Stuart Varney on “Varney & Co.”. . . more