Retailer J.C. Penney shifts stock to suppliers to cut inventory
J.C. Penney Co. is preparing to test a partnership with supplier Ashley Furniture that will help the $12.6 billion retailer reverse declining sales while reducing its inventory costs.
Although J.C. Penney will sell Ashley Furniture products through its stores and online, it will rely on the manufacturer to carry the inventory…
Retailer J.C. Penney shifts stock to suppliers to cut inventory
Journal of Commerce