ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received an invitation from ...
Read More »JC Penney posts steep sales decline for Q2
Bloomberg JC Penney Co sales plunged 45% in the second quarter as the department-store chain entered bankruptcy and struggled with an accelerated shift away from physical stores and the Covid-19 outbreak. Net sales fell to $1.39 billion in the period ended on August 1 from $2.51 billion a year earlier, the company reported in a regulatory filing. The retailer’s lenders ...
Read More »