JCPenney now without CEO or CFO
JCPenney's CEO left in May. Now its second in command is out too.
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JCPenney's CEO left in May. Now its second in command is out too.
The economy is humming. Americans are eager to spend on clothes, toys and home decor.
With the announcement this week that Sears will be closing at Valley View Mall in La Crosse city officials are trying to come up with ideas to make sure the mall remains open and successful.
It's hard to imagine how the situation could get any worse at JCPenney, which was once a powerhouse of retail.
Lowe's has tapped JCPenney CEO Marvin Ellison as its new chief executive.
JCPenney is in serious trouble. There's no sugarcoating it.
It's been a brutal week for many big American retailers.
Traditional retailers may have done better than expected during the holidays. But many department stores are still trying to figure out how they can compete with Amazon.
Retailers are trying to figure out whether subscriptions are the way of the future or just a fad.
Stores are closing at an unprecedented pace. Retailers are going bankrupt. Malls are slowly being abandoned. Physical stores are struggling -- an understatement -- but consumers are spending like crazy.