Can Department Stores End Their Addiction To Discounting – Forbes

Can Department Stores End Their Addiction To Discounting Forbes Have sales promotions become a “cancer” for department stores? Allen Questrom, the former CEO of J.C. Penney, thinks they have and said so in an interview on the CNBC show “Squawk Box” in November. Mr. Questrom, who was credited with turning J.C. …

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