Acc600 Executive Report on JC Penny and Kohl's
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FINANCIAL MANAGEMENT CAPSTONE 600
Executive Summary: JC Penny-Kohl’s merger
Professor Thomas Barrett
June 25, 2014
INDUSTRY AS A WHOLE
In the United States alone, the retail sector includes over one million stores and accounts for four trillion dollars of revenue in fiscal year 2013. To allow for more a detailed analysis, the retail industry is broken down into subcategories including food and beverage retail, motor vehicle dealers, drug and cosmetic retail, and apparel and accessory retail. Apparel retail, the largest of these sectors, generates most of its profits from women’s clothing, which accounts for 53% of total revenues. Also of great importance is the retailers’ ability to keep up-to-date on the trends because “being behind on what’s hot can lead to losing sales, reputation, and leftover inventory” (“Retail…”). Kohl’s Corporation falls under the department stores category of retail, the main focus of this industry
Acc600 Executive Report on JC Penny and Kohl's
Acc600 Executive Report on JC Penny and Kohl's
Acc600 Executive Report on JC Penny and Kohl's
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