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Unusual demographic flocking to J.C. Penney
J.C. Penney is often associated with an older shopper demographic. But its comeback is being fueled, at least partially, by a surprising group. Millennial moms now account for 45% of Penney's revenue, CNBC reported, and the group is also driving much of the growth in the company's sales and customer count. -
RetailMeNot: Early promotions spur Cyber Week spending
Both Black Friday and Cyber Monday broke sales records this year, and early promotions could be a key contributor to this success. Out of more than 400 major retailers that offered promotions via RetailMeNot, 70% started promoting Black Friday deals before Thanksgiving, the savings destination reported in the “RetailMeNot Promotions Index.” The study, which was conducted between Nov. 24 and Nov. 28, is based on responses from 1,500 Americans aged 18 and over.

