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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "The Rise and Fall of JC Penney" video.
4:05 You see from the chart that JCPenny reported much better profit margins during the last 3 months of each year, clearly showing a lot of Christmas shopping was being done there.
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Every type of store customarily put in a mall has been displaced by online shopping. We don't know it yet, but malls were a 20th century zeitgeist.
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