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Trick question! Too close to call!
August 8, 2013
‘Just a couple of quarters’ left for JCP?
Asked who might be able to turnaround the company's fortunes, Dunn said it was difficult to say.
I have a particular person in mind. Unfortunately, he was apparently crucified during the 1st century AD.
August 8, 2013
Tears for Sears
The store’s demise was an isolated closure and not part of any new announcement of shutdowns by the struggling retailer. In 2012, Sears Holding announced closure of up to 120 of its Sears stores across the country, but skipped over the East Wenatchee outlet to shutter larger stores in Walla Walla and Lacey as part of efforts to reduce expenses and move forward with a new business model.
The new business model apparently involves stealth closures. That's bound to work at least as well as putting a lid on same-store sales data.
Source Data:
Yahoo Finance: Historical SHLD Prices
Yahoo Finance: Historical JCP Prices
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