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Penney’s turnaround strategy is bearing fruit

Penney’s turnaround strategy is bearing fruit

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Home News Penney’s turnaround strategy is bearing fruit

imgresJ.C. Penney’s focus on merchandising and mall negotiations as key parts of the retailer’s turnaround strategy are paying off. All but about 10 of the retailer’s more than 1,000 stores are profitable, and store-closing plans by Macy’s and Sears may make J.C. Penney the sole anchor at some U..S malls. Read the Bloomberg story here

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Meijer brings its neighborhood store concept to Ohio

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