The Golden Lounge

[Theo]

This is a big reason (not the only) why I'm back in for round 46 with JCP:

"We continue to be very pleased with the excellent results of our appliance businesses," J.C. Penney CEO Marvin Ellison told analysts on an Aug. 12 call, adding that it has seen sales and profit margins in appliances ahead of its expectations.

J.C. Penney is in the process of expanding its new appliance showroom concept to 500 stores nationwide after a successful 22-store test that kicked off in February. The shops are currently in 200 stores, with the remaining 300 set to open by the end of the fall."