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Days After Pledging To Regain Customer Trust, J.C. Penney Reportedly Set To Talk With Creditors
Friday, September 20, 2019 - 1:44pm | 582J C Penney Company Inc (NYSE: JCP) CEO Jill Soltau told The Business of Fashion in an interview published Tuesday she is looking to regain "the trust" of customers, vendors and investors. Within days, a Bloomberg report said the company is in talks with creditors to negotiate...
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JC Penney's Return To Sales Growth Remains Unclear
Wednesday, May 22, 2019 - 12:51pm | 515Shares of J C Penney Company Inc (NYSE: JCP) continued to slump Wednesday after reporting bigger losses than expected and projecting more losses for the rest of the year, keeping sell-side analysts bearish on its prospects, with one analyst even suggesting the shopping mall mainstay is a candidate...
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Fresh Faces: GE, JCPenney Shares Revitalized By New Leadership
Sunday, October 14, 2018 - 1:50pm | 496General Electric Company (NYSE: GE) kicked off the month by deposing CEO John Flannery. By unanimous vote, Larry Culp succeeded the former chief just one year into his reign. The following day, J C Penney Company Inc (NYSE: JCP) named Jill Soltau CEO after Marvin Ellison left in May. GE surged up...