Department store giant J.C. Penney is planning to close 130 to 140 stores and two distribution centers. J.C. Penney told investors Friday that it would shutter the locations over the next few months, Fortune reports. The figures represent …
* J.C. Penney Co Inc director Javier Teruel reports purchase of 135,135 shares of co's common stock on Aug 22 at $3.64 per share - SEC filing Source text: (bit.ly/2g2UUoe) Further company coverage:
The new JCPenney sounds so appealing on paper. Earlier this year, the retailer announced that “fake prices”—inflated big time to make markdowns seem more tempting—would disappear, to be replaced with a “fair and square” structure in …
The stock decreased 2.51% or $18.32 during the last trading session ... It also reduced its holding in Penney J C Inc …
Although, in the beginning, he didn’t have a lot in the way of stock, he persevered, did heavy advertising, weathered the challenging World War I and post-war years, and made the William Burchfield Co. Department Store a great success. …