The Decline of JCPenney...What Happened?

JCPenney is one of the largest, most well-known retailers to ever exist. Yet today, the 117 year old company is on the verge of going out of business. This video attempts to express the severity of their situation while explaining how it happened.

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Company Declines:
Kmart:
Blockbuster:
RadioShack:
Solo Cups:
Toys "R" Us:
hhgregg:
Pan Am:
ESPN:
Gibson:
iHeartMedia:
Bon-Ton:
Kodak:
General Electric:
Woolworth:
Dell:
Sears:
Payless:
Hostess:
Redbox:
Nokia:
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JCPenney,Sears,Retail,Business Failure,Stock,