JCPenney said on Friday it has slashed 360 positions from its stores and its Texas headquarters. The moves to cut costs come as the department store chain reported weaker than expected sales during the holiday quarter. The less-than-robust holiday season at the 875-store chain sparked a sell-off of Penney's shares -- which fell 5.1 percent,...
JCPenney said on Friday it has slashed 360 positions from its stores and its Texas headquarters. The moves to cut costs come as the department store chain reported weaker than expected sales during the holiday quarter. The less-than-robust holiday season at the 875-store chain sparked a sell-off of Penney's shares -- which fell 5.1 percent,...
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