Store closings abound and fast and free shipping

When Amazon started its prime shipping in 2005 that started a trend in shipping expectations from other retail merchants. 43 percent of those who shop online check out shipping charges and base many times base their purchases on what’s fast and free. The holidays are right around the corner and customers will be looking for…

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JCP hit the list of concerned loans, high risk of default

JCP denied speaking to advisers earlier this week with concern over the status of their loan and sales continuing to decline. Apparently they didn’t think anyone would notice they are floundering like the entire retail world is aware of it. J.C. Penney is among the latest additions to Fitch Rating’s “loans of concern” list, indicating…

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Stores need more than touch-up, need reinvention

J.C.Penney, Nordstrom, and Kohls showed disappointing first quarter in profits. In fact, all of them did worse than expected. On the flip side, Walmart and Target showed stronger earnings. Nordstrom pulled back on promotions to increase earnings and it back-fired. Sales dropped and profit expectations were slashed for the full year Each store has its…

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