JCPenney continues ProfitLogic's markdown optimization solution for retail
15 Jun '05
2 min read
“JCPenney is ahead of the curve in applying science and analytics to all its merchandising processes,” said Tom Ebling, Chairman and CEO of ProfitLogic. “ProfitLogic is proud to be a part of this ongoing success story.”
ProfitLogic provides industry-leading Retail Profit Optimization solutions designed for retailers whose top priority is getting the highest return on inventory investments. ProfitLogic's customers have found that using insight into future customer demand results in more profitable merchandising decisions and more time to focus on what matters most: the customers and the merchandise.
J. C. Penney Corporation Inc the wholly owned operating subsidiary of J. C. Penney Company Inc is one of America's largest department store, catalog, and e-commerce retailers, employing approximately 150,000 associates. It operated 1,017 JCPenney department stores throughout the United States and Puerto Rico, and 62 Renner department stores in Brazil. JCPenney catalog, including e-commerce, is the nation's largest catalog merchant of general merchandise, and jcpenney.com is one of the largest apparel and home furnishings sites on the Internet.
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