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New CEO Ron Johnson's plan to revamp J.C. Penney is seriously ambitious. No more coupons, almost no more sales, and a complete rethink of the department store model. So why does he think he can pull it off -- and with a chain that has lagged its rivals? Because maybe he can. Here's why:
The latest news on the video game front isn't pretty. Media tracker NPD Group's data reveals that industry sales plunged 21% last month. It's clear that the industry is undergoing a radical shift, but for investors, the more important issue is why.
Following a record Black Friday, retail sales hit new heights on Dec. 17 -- the penultimate shopping Saturday before Christmas and a day when retailers trot out themed promotions. It's a sign that many consumers have rebounded from the recession and unleashed their pent-up buying demand.
It's going to be another interesting holiday shopping season as retailers jockey for position for the seasonal spending sprees. Where will buyers go? What will they buy? Let me go out on a limb and predict a few things.
For great deals on Cyber Monday, turn off the computer and go bargain-hunting in brick-and-mortar stores. Between retailers desperate to compete and websites starting sales earlier, e-commerece's big day is losing its online luster.
Switch on the TV or open the newspaper today, and you'd think there was only one day a year to get bargains: Black Friday. But if you're not careful, the year's most-hyped shopping day can be filled with traps. Here's how not to get bamboozled.
Black Friday, the Super Bowl of the holiday shopping season, is upon us. Deal pros cut through the barrage of bargain-hunting tips with a pared down -- and doorbuster-free -- list of simple ways to save during the shopping blitz.
If you're in the market for a new television, you'd be wise to scoop up one of the sweet deals that will be available for the rest of 2011. TV manufacturers and retailers are desperate to unload inventory, so HDTVs, Internet-connected TVs and 3-D TVs will be going at deeply discounted prices.
Setting a new holiday shopping tradition, Macy's and Target will swing open their doors at midnight on Black Friday for the first time ever, giving shoppers a jump start on door-buster sales while offering an implicit challenge to their fellow retail brethren to follow suit.
From Nov. 1 until Christmas, Walmart says it will match prices with its rivals retroactively. Buy now, and if anyone advertises an identical product for a better price, go back to Walmart and claim a refund for the difference. But of course there's a catch -- more than one, in fact.

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BAC
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ALU
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GE
General Electric Company
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Ford
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CIE
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4,779
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125,314
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