Shares of retailers J.C. Penney (NYSE: JCP ) and Sears (NASDAQ: SHLD ) were down this week on the news that they are planning to dramatically cut their respective workforces over the next few months. But with little distinguishable competitive advantages, will this be enough for these companies to keep their heads above water?
In this segment of the Motley Fool's consumer goods show, Consumer Countdown, CG analysts Michael Finarelli and Sean O'Reilly join host Mark Reeth to figure out what value remains in Sears and J.C. Penney, and if it can be dug up through cost cutting.
Looking for something a bit more secure?
There's a huge difference between a good stock (which J.C. Penney and Sears may or may not be) and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.