JC Penney's $1.97 pants could spoil Christmas By: CNBC.com News November 20, 2013 at 12:10 PM EST Retail analysts are wondering how much J.C. Penney's drastic price cuts could dent other stores' sales this holiday season. Read More >> Related Stocks: GX Defense Tech ETF Gap J C Penney Company Inc Kohl's Corp Macy's Michael Kors Holdings TJX Companies Target Corp Wal-Mart Stores, Inc.