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21 April, 2015 at 7:03 am in Featured
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I submit that some material % of the inventory carried on JCPs books is "dead stock" that is unlikely to be liquidated at a positive gross margin. JCP doesn't publish an aging report for its wares, but there seemed to be a decent amount of high ticket/low turn goods on display cheap air max that need to be flushed out of the system. This will likely place additional pressure on the company's liquidity over the next 3 6 months.
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