"This is not a turn-around situation," George Bradt, managing director of executive consulting firm PrimeGenesis told us. "This is a 'turn off the lights' situation."
JCPenney's decline was accelerated when former CEO
Even though Johnson was replaced by his predecessor Mike Ullman last week, many analysts feel the company's disturbing financials make it beyond repair.
We've compiled some facts to show the retailer's epic decline.