J.C. Penney has hired bankers at Blackstone for advice on shoring up its fast-eroding cash. The company is seeking to raise about $1 billion.
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BING NEWS:
- J.C. Penney launches new plan to save customers up to $500 million
One of the biggest puzzles in modern retail has been trying to figure out how to attract formerly invigorated shoppers back through the doors (whether physical or virtual) of legacy mall retailers.
04/20/2024 - 1:30 am | View Link - Penelec seeks rate increase that would boost monthly electric bill by almost $20
Penelec is hoping customers are prepared to cough up an extra $20 a month to cover the cost of keeping the lights on. FirstEnergy Pennsylvania, which includes Penelec, Penn Power, Met-Ed ...
04/19/2024 - 11:42 pm | View Link - Why J.C. Penney’s loyalty program is the next step in its $1B turnaround plan
J.C. Penney on Wednesday launched a new loyalty program that could deliver half a billion dollars to its consumers, per details shared with sister publication Marketing Dive, representing another ...
04/16/2024 - 1:01 pm | View Link - J.C. Penney
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08/18/2019 - 1:00 pm | View Link - Why We're Disappointed Ron Johnson Failed at J.C. Penney
Ron Johnson finally stepped down as CEO of J.C. Penney Tuesday. While the news came as no surprise, it's disappointing that it had to end like this. Make no mistake about it: J.C. Penney had to ...
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