financial
financial
March 31, 2008
Darkening Clouds: Retail Outlook Dims as Economy Takes a Bite
J.C. Penney Co. Inc. is slashing its first-quarter profit projections by a third after a disappointing Easter.
financial/news
J.C. Penney Co. Inc.'s slashing of its first-quarter profit projections by a third after a disappointing Easter could be a warning for the overall retail sector that the proverbial wall is just ahead.
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