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History of retail about consolidation: Sadove

Tuesday, 4 Mar 2014 | 10:33 AM ET

"You feel a sense of momentum in the company right now," says Steve Sadove former Saks CEO and current JC Penney board member, providing insight into JC Penney's turnaround plan. Sadove also weighs in on the deal between Men's Wearhouse and Jos. A. Bank.