CREDIT SUISSE: JCPenney is finally responding to the death of brick-and-mortar retail

Skye Gould/Business Insider Business Insider Things have not been easy for brick-and-mortar retailers. Across the retail industry, stores are closing at a clip and firms are witnessingtheir profits diminish as e-commerce firms such as Amazon continue to win over the hearts and cashof shoppers. JCPenney hasnot been immune to the changing landscape. As reported by Business Insider's Hayley Peterson, the firm announced in Februarythat it would close up to 140 stores in the next couple of months. Th...