Pershing Takes J.c. Penney Stake

Activist investor William Ackman's Pershing Square Capital Management reported a 16.5% stake in J.C. Penney.

BING NEWS:
  • J.C. Penney launches new plan to save customers up to $500 million
    J.C. Penney is also revamping its credit card program; cardholders will now earn 1.5 CashPass points for every $1 spent at the store, earn a $10 CashPass Reward when they spend $133, and new ...
    04/20/2024 - 5:29 am | View Link
  • Why J.C. Penney’s loyalty program is the next step in its $1B turnaround plan
    Chief Customer Officer Katie Mullen explains how the retailer's revamped program will deliver value to consumers and boost first-party data reserves.
    04/16/2024 - 10:53 pm | View Link
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