Thursday, 1 December 2011

JC Penney Nov. revenue metric hurt by Black Friday

PLANO, Texas (AP) — J.C. Penney Co.'s revenue at stores open at least a year fell 2 percent in November, hurt by its decision to open stores at 4 a.m. on Black Friday instead of doing Thanksgiving evening or midnight openings like some of its rivals did. Analysts surveyed by Thomson Reuters ...


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