Sunday, November 25, 2012

JCPenney Sourcing Exec Abruptly Resigns

JCPenney Store Leader Theresa McGavran says, "Last year, it was all over with the doorbusters -- the biggest part -- by 1:00 p.m. We can already feel it's going to be busier all day." Despite the scufffles reported at other stores, the JCPenney atThere was a lot of speculation about why JCPenney didn't pursue holiday shoppers as hard as rivals like Macy's going into Black Friday, and this abrupt resignation might have something to do with it. JCPenney openedThere was a lot of speculation about why JCPenney didn't pursue holiday shoppers as hard as rivals like Macy's going into Black Friday, and this abrupt resignation might have something to do with it. JCPenney opened Friday morning instead of lateIf the magic can work for Apple, maybe it can work for J.C. Penney. The struggling retailer, which last year recruited Apple retail guru RonInsiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect
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