j c penney company inc

j c penney company inc

JC Penney Blows Up Again

www.businessinsider.com
JC Penney's turnaround is still headed in exactly the wrong direction. The company just reported horrible Q2 results and announced that it will miss its targets for the balance of the year. JC Penney has been in the spotlight since former Apple Store boss Ron Johnson took over as CEO...
JC Penney Blows Up Again

APPLE RETAIL GOD STUMBLES: JC Penney Is Tanking After Big Miss And More Restructuring Plans

www.businessinsider.com
Shares of JCPenney are collapsing to the tune of 15% after the company has announced that its missed estimates, is cutting its outlook, and will incur a restructuring charge. There have been super high hopes for JCPenney since it hired retail guru Ron Johnson from Apple. But it's taking a...
APPLE RETAIL GOD STUMBLES: JC Penney Is Tanking After Big Miss And More Restructuring Plans

J.C. Penny poaches from Apple, hires former retail store senior exec

9to5mac.com
In November, retail store J.C. Penny hired Apple’s former retail chief Ron Johnson as its CEO, in hopes of turning the company around. Johnson has continued to make new hires to his exec team at J.C. Penny, but until today, he never went sniffing in Apple’s territory. However, J.C. Penny...
J.C. Penny poaches from Apple, hires former retail store senior exec

Read The Part Of Bill Ackman's Investor Letter Where He Talks About Taking A Bath On JC Penney (JCP)

www.businessinsider.com
Hedge fund titan Bill Ackman, the founder and CEO of Pershing Square Capital Management, is still making a bullish case for JCPenney even though his hedge fund is taking a beating on that investment. Pershing Square's investment in J.C. Penney has cost them "more than nine percentage points of gross...
Read The Part Of Bill Ackman's Investor Letter Where He Talks About Taking A Bath On JC Penney (JCP)
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