Retail thrives? Two articles worth reading
We came across these two articles and thought they were worth mentioning.
First – JC Penney sales are up, and the stock is up 50% this year – found on CNN.
JCPenney is back from the dead
Second – a certain class of retail mall is doing quite well – from CNBC:
Think malls are dead? Here’s proof otherwise
As retailers shutter hundreds of locations – sometimes leaving empty malls in their wake – Tanger Factory Outlet Centers continues to break ground.
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