Wall Street is starting to worry that J.C. Penney Co. Inc. is falling off the promotional wagon.
Shares of the company retreated 5.7 percent to $24.01 Wednesday after Deutsche Bank analyst...
October 31, 2012
J.C. Penney Shares Fall on Report
Analyst Charles Grom sees the retailer "backtracking" on promotions, which might undermine the company’s two-tier pricing strategy.
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