In 2023, the retail giant announced a $9 billion investment to remodel its existing stores into stores of the future and deploy electronic labels at thousands of locations. Competition is brutal right now, and jcpenney must win back customers that are shopping elsewhere (macys, tj maxx, marshalls, kohls, burlington, ross stores, backstage, target,. As someone who's been analyzing business and technology trends for decades, i'm particularly excited about how 2025 is shaping up to be a watershed year where science. Owned by simon property group and brookfield asset management since late 2020, jcpenney is actively working to retake its place as a leading department store retailer,. This article focuses on the future of retailing by highlighting five key areas that are moving the field forward:
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