November 14, 2012 at 10:15 AM EST
Why You Should Steer Clear of JC Penney
Coupons were a drug. They really drove traffic.  —JC Penney CEO Ron Johnson   JC Penney (NYSE:JCP) CEO Ron Johnson showed more signs of deviating from his iron-clad policy of eliminating discount sales Monday when the company announced that it will offer deep price cuts on certain items as part of this year’s Black Friday kickoff to the holiday season. The move came after the company recently emailed customers a $10 “gift” to use when they make a purchase at one of its newly redesigned stores. That’s a coupon by any other name though JC Penney denies this.   ...
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