The Company sells family apparel, jewelry, shoes, accessories and home furnishings to customers through department stores and Direct (Internet/catalog).
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the red ink is going to fly! Better invest instead in red ink company makers, this will be a disaster year for retailers.Sales figures dont mean much when your profit margins are negative...and even with all their discounts, their sales are off.Walmart is an exception but JCP,Sears, Target and Macys will take a barth! Expect MANY more bankruptcies in the retail group.