Jc Penney gets rid of hundreds of sales
JC Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers will no longer have to wait for a sale to get the lowest prices in its stores.Penney said Wednesday that it is getting rid of the hundreds of sales it offers each year in favor of a simpler approach to pricing.
JC Penney will stop publishing its twice-yearly ``big book'' catalogs, now that customers increasingly shop online.