(Story continues below) Online data mining tommy

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(Story continues below) Online shoppers tend to be more affluent and younger that the store shopper. The median age for Penney's online customers is 45 years old, compared to 49 for its store shopper and over tommy 50 for its catalog customer, said Tim Lyons, a company spokesman. He noted that the median household income is 10 percent to 15 percent higher than that of tommy the online and catalog shopper, whose income ranges from $35,000 to $80,000. Penney's online site offers pricier items that are not available in the store. Penney's turnaround began in late 2000, when tommy the then Chief Executive Allen Questrom launched an effort to upgrade stores and merchandise. He sold off the Eckerd drug chain, closed underperforming department stores and spruced up the remaining Penney's stores. In its fourth quarter, Penney reported a 65 percent profit increase over the same period last year and posted its 11th consecutive quarterly gain in same-store sales, considered the best indicator of a retailer's health.
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