CNN CNN Newsroom January 16, 2014 19:43:00
The best known names in retail. best buy's stock has been tumbling, down almost 30% today after the report on holiday sales. not enough people shopped at best buy. jc penny is getting rid of 2,000 workers and to cut cost, lowman's is packing up their dressing rooms and anything out of business. is this a hangover from the recession? are these desperate moves falling out of favor or could we maybe be witnessing a change in the way we shop. consumer spending analyst is here to help us figure a way out. nice to see you. >> stock was up about 150% over last year. >> they implemented a new ceo. two...