1. J.C. Penney - Business Case Study
According to Barbara Farfan, two-thirds of the U.S. growth domestic product comes from retail consumption (Farfan, 2014). Additionally, the future of the U.S. economy is usually determined by the increase in retail sales. In 2011, retail sales totaled $4.7 trillion, which represented an 8% increase from 2010 (Farfan, 2014). This indicated economic recovery was underway and the future of the U.S. economy was expansion and not recession. In 2010, 14.4 million individuals were employed in the U.S. retail industry (U.S. ...