J.C. Penney Company, Inc. (NYSE:JCP) fared far worse than expected when it released Q1 2013 earnings, the first since ousting CEO Ron Johnson. Losses mounted amid the retailer’s remake. The company ...
Almost every court hearing in the JCPenney bankruptcy case mentioned a fact that, on its face, seems unrelated to the case itself: that the retailer’s successful resolution would save 60,000 jobs. The ...
Earlier this month, J.C. Penney Co. Inc. announced that it had reached an agreement to sell its retail and operating assets to two of the largest mall owners in the country, Brookfield Property Group ...
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