DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »JC Penney piles sale upon sale trying to dig out of ‘abyss’
Bloomberg Walk into a JC Penney and it’s a sea of red stickers. Almost everything is marked down, from apparel, jewellery and home goods to Christmas decor, bedding and appliances. And it’s not even Black Friday yet. Even for a retailer whose identity is built on promotions and discounts, there’s an urgency to this holiday season. JC Penney Co.’s bonds …
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