![]() Globe and Mail |
Penney downplays dismal Q2
Businessweek Executives at JC Penney said the venerable US department store chain's strategy is working despite a bruising second-quarter performance this year. Penney reported a larger-than-expected loss for the second quarter and saw its debt downgraded by … J.C. Penney Loss Is Larger Than Estimated Betting on JC Penney's Ron Johnson J.C. Penney's sales slide casts doubt on pricing plan |