J. C. Penney Posts Quarterly Loss Amid Overhaul
Post# of 8477
Posted On: 02/27/2012 5:02:52 AM
J. C. Penney Posts Quarterly Loss Amid Overhaul
As its new chief executive, Ron Johnson, revamps its pricing and store design, J. C. Penney announced a net loss of $87 million for the fourth quarter.
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