Home > Boards > US OTC > Delisted > Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)
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Monday, June 08, 2020 7:11:27 PM

Re: MasterBlastr post# 15394

Post# of 43522
Very interesting though
“According to one unnamed source, Amazon already has a “team in Plano (TX),” where Penney is headquartered. Why Amazon might be interested in Penney remains unclear, although three potential factors have been raised in the reporting including the e-tailing and tech giant looking to:

Grow its apparel and accessories sales;
Turn some of the department store’s properties into distribution facilities; and/or
Create “a new tech-driven” store model that would make use of its Just Walk Out cashier-free system.”

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