Has J.C. Penney scored a hit with investors? Ace Metrix recently listed the company as one of the most effective back-to-school-season advertisers. Unfortunately, Fools, that's not very meaningful. The company joins a list that also includes Best Buy(NYSE:BBY), Office Max, Hewlett-Packard(NYSE:HPQ), and Office Depot(NASDAQ:ODP) -- most of which were on the same list this time last year and have drained investors' brokerage accounts ever since. J.C. Penney is no different -- it still remains a bad retailer despite the hype. See more in the following video.
Updated: Apr 7, 2017 at 1:13PM
Published: Sep 8, 2012 at 12:00AM
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