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I-Man

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I-Man

Re: None

Monday, 11/13/2017 7:35:08 AM

Monday, November 13, 2017 7:35:08 AM

Post# of 43522
UPDATE: J.C. Penney's turnaround has touched every corner of the struggling department store

12:52 pm ET November 12, 2017 (MarketWatch)
By Tonya Garcia, MarketWatch

Shares soared more than 13% after the retailer beat expectations it lowered just days ago

J.C. Penney Co. Inc. reported third-quarter same-store sales on Friday that Chief Executive Marvin Ellison called "the best quarterly comp since the second quarter of 2016," a sign that the myriad steps the company has taken to turn around the business are starting to work.


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