Both Macy's and J.C. Penney are at a crossroad and must make fundamental changes to remain viable. Under the microscope and scalpel now are their real estate holdings; downsizing is in order, but how much and to what end appears unclear.
Both Macy's and J.C. Penney are at a crossroad and must make fundamental changes to remain viable. Under the microscope and scalpel now are their real estate holdings; downsizing is in order, but how much and to what end appears unclear.