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Strategies & Market Trends : Future Schlock!!!!

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To: Arthur Radley who wrote (1)8/31/2006 9:14:17 AM
From: Arthur Radley  Read Replies (1) of 34
 
Not that Penney is a major furniture retailer, but this supports my contention that furniture sales will be declining in the future..

CHICAGO (MarketWatch)08/31/06 -- J.C. Penney Co., Inc. said Thursday that sales at stores open for at least a year declined 0.5% in August, hampered by weaker furniture sales, but reiterated its earnings forecasts for the third and fourth quarters.
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