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turnaround strategy

JCP Sales Up 2% in Q4; First Positive Quarter Since 2011

J.C. Penney (JCP) finally enjoyed its first positive quarterly sales report since 2011. On February 4…

Sears Closes Flagship Chicago Store; Preparing for Big Shift to Online Retail

In a move many are already calling historically significant, Sears Holding Corp is shuttering its flagship…

SEC Investigates JCP’s $800 Million Stock Sale

J.C. Penney (JCP) is under investigation by the Securities and Exchange Commission (SEC) regarding its sale…

JCP Reports Strong November Sales; Analysts Say Too Little Too Late

J.C. Penney (JCP) is reporting strong sales for the month of November, showing signs of vitality  during…

JCP: Our Turnaround Strategy is Working

Embattled by an unceasing stream of criticism, JC Penney issued a press release defending its turnaround…