![]() Globe and Mail |
J.C. Penney Loss Is Larger Than Estimated
Bloomberg JC Penney Co. (JCP) rose the most in more than six months after Chief Executive Officer Ron Johnson said his overhaul of the department-store chain is “on track” amid quarterly losses and plunging sales. JC Penney climbed 5.9 percent to $ 23.40 at the … Betting on JC Penney's Ron Johnson JC Penney CEO urges investors to look beyond nasty second quarter [The Dallas … Sales Plunge Another 23% at Penney |