CNBC has not had one peep about Degenerate causing the collapse of JCP. They blame everything else BUT bad decisions.
Those experts do not see the current ceo lasting the year. The board is in full omg omg omg omg alert.
There's also been inside trading going on.....it's rating is in “Hold” but some are now encouraging “sell” in the stock arena.
As for Degenerate...well I can say there was certainly an uproar where I work....customers were livid. But when they issued the catalog that pretty much caused a grand exodus......however, the new products are not going over either for those who remain customers. Much of which the focus is on young folk.