By Mike Timmermann, clarkhoward.com
If you haven’t visited your local JCPenney lately, it might be time to give it another look!
Just a couple of years ago, the department store founded by James Cash Penney in 1902 was in trouble, and many wondered if it would even survive.
But earlier this year, Motley Fool described JCPenney as the “retail turnaround of the century.”
While the Texas-based chain still has a long way to go as it works to increase sales and reduce debt, most would agree things are starting to look up.
Read on to learn about some of the changes happening at this resilient retailer.
In a move to put the focus back on its private-label brands, JCPenney has started hosting “Penney Days” throughout the year, in stores and on JCP.com.
To get the penny deal, shoppers usually have to buy one regular priced item. However, JCPenney says there will be times when they sell things for just one cent without another purchase required.
Look for details on these special promotions in weekly sales circulars.
Appliances are back
Taking direct aim at Sears, JCPenney has decided to bring back home appliances after a three decade absence.
Things like refrigerators and washing machines are being added to 500 stores and JCP.com. As of late July, the retailer offered special financing, plus free delivery and installation.
Fingers crossed the new competition will lead to lower prices as well!
For more information follow this link, clarkhoward.com