JCPenney's aggressive promotions could have bad implications for retail.

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Nov. 7 (Bloomberg) — Bloomberg's “Money Moves” anchor Deirdre Bolton reports that J.C. Penney posted a surprise gain in monthly sales, the first in two years for the retailer, as sales rose 0.9 percent in October. She speaks on Bloomberg Television's

"Although JC Penney continues to stress that trends in sales are heading in the right direction (disclosure: am intrigued by the trajectory in gross margins as mentioned by Mike Ullman), there remains a little overlooked aspect to the entire newfound

"Although JC Penney continues to stress that trends in sales are heading in the right direction (disclosure: am intrigued by the trajectory in gross margins as mentioned by Mike Ullman), there remains a little overlooked aspect to the entire newfound


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