Is JC Penney a Turnaround Story or Not?

Is JC Penney a Turnaround Story or Not?
In the first quarter, J.C. Penney's sales increased 6.3% year over year. More importantly, comps (sales at stores open for at least one year) improved 7.4%. This impressive performance has been attributed to remerchandising many areas of the store and ...
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J.C. Penney continues expansion of Sephora boutiques
The Plano-based retailer has been expanding the brand because of its strong performance. The new locations will open in Arizona, Colorado, Connecticut, Florida, Kentucky, North Carolina, New Hampshire, Nevada, Pennsylvania and West Virginia.
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Why Mike Ullman's Management Team Should Make You Optimistic About J.C. ...
He then became senior vice president of stores overseeing J.C.Penney's locations in the South, Southwest and West Coast. Bartlett now leads store operations in more than 1100 stores having succeeded Tim Nichols, a 38 year veteran. Tony Bartlett started ...
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JC Penney stock soars on sales jump
The improvement in sales is an encouraging sign for J.C. Penney, which has been losing millions of dollars per quarter. Still, the company is not turning a profit. It said it lost $ 352 million, compared to a loss of $ 348 million reported the same ...
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