For J.C. Penney, e-commerce is no easy fix

NEW YORK: First the good news for J.C. Penney Co Inc: online sales rose 26.3 percent during the holiday quarter, Reuters reported on Wednesday. Now the bad: the surge mostly reflects how far the one-time e-commerce pioneer has fallen. The US department store chain started offering e-commerce in 1995, long before most large retailers, the... 
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Added February 26, 2014
from The Punch News