Replies to post #7091 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[bar1080]

THIS is the key paragraph:

“There is not a pure player e-commerce retailer of any scale that’s making money, and that includes the dominant companies like Amazon,” he added. “Fulfillment costs are growing at a higher rate than revenue.”

[SunshineSmiles]

Closing of stores is not necessarily bad I agree. JCP