business news in context, analysis with attitude

The Toronto Globe and Mail reports that Canada's Jean Coutu department store group is getting its ducks in a row for an all-out bid for JC Penney's Eckerd drug store chain.

Penney has committed to making a decision about how to dispose of Eckerd by the end of this month, and has been contemplating a number of options, including breaking up the chain and selling it off in pieces.
KC's View: