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In its simplest form, J.C. Penney's new sales plan is to raise prices on select items and mark them down periodically with sales and coupons. While there's nothing inherently wrong with this model, consumers should be aware that prices have spiked significantly on collaboration lines, and we've yet to see any sales to bring them back down to previous levels.
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- Companies:
- J.C. Penney
- People:
- Ron Johnson
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