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Deal junkies hurt many stores profits and pricing shift
New York based report traces impact of discount obsessed shoppers on retailer profits. It notes that shoppers demand 70 percent signs and yellow clearance labels, cutting margins for big chains like JC Penney and Lowe's as they shift toward everyday low pricing.
MENTIONED IN THIS ARTICLE
New York
Joelle Daddi
Daddino
Yaphank
N.Y
JC. Penney
Lowe's
Paco Underhill
Envirosell
Wal-Mart Stores Inc
Wal-Mart
S Penney
Plano
Chicago