Mar 29
5 min read
3 Reasons Why JC Penny Failed
The psychological traps they fell into and how you can avoid them
Founded in 1902 by James Cash Penny, JC Penny was once the biggest retailer in the United States and the gold standard of American retail.
For nearly a hundred years, every town seemed to have a JC Penny. Almost everything people needed could be found on its shelves (or in its…
