AI
Wednesday, October 03, 2018 6:54:46 AM
JCP announces new CEO today. Former JoAnn Industries CEO to now be new JCP CEO.
Plus very quick behind scenes BK reorg for Toys R Us that now is ceased, having some thinking, TRU may well become merged with JCP, as JCP immediately revamped 500 stores for "Babies R US" niche' type merchandise right after TRU announced they would go into BK mode weeks ago... Now TRU no longer in BK mode and banks delisting them as such !!!??? More to come in this saga for sure...
Plus very quick behind scenes BK reorg for Toys R Us that now is ceased, having some thinking, TRU may well become merged with JCP, as JCP immediately revamped 500 stores for "Babies R US" niche' type merchandise right after TRU announced they would go into BK mode weeks ago... Now TRU no longer in BK mode and banks delisting them as such !!!??? More to come in this saga for sure...
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