J C Penney Company Inc (JCP.N)
25 Apr 2017
* JC PenneY postponing store closures and liquidation sales- CNBC
BRIEF-J C Penney announced that 50 additional salon locations are rebranding to salon by InStyle this year
* Says announced that 50 additional salon locations are rebranding to salon by InStyle this year Source text for Eikon: Further company coverage:
* J c penney company inc- ceo marvin r. Ellison's 2016 total compensation was $9.4 million versus $12.1 million in 2015 - sec filing
* says about 5,000 positions nationwide will be impacted by store closures, most of which will occur in June.
* CEO Marvin Ellison's 2016 total compensation was $9.4 million versus $12.1 million in 2015 - sec filing Source text (http://bit.ly/2n8Es8h) Further company coverage:
* Says Colleen Barrett, president emeritus of Southwest Airlines Co., will retire from board at end of her term Source text for Eikon: Further company coverage:
* Stores being closed account for less than 5 pct of annual sales
* J C Penney announces plan to optimize retail operations, advance growth and drive profitability
* J C Penney reports positive net income for fiscal 2016; a $514 million increase compared to the prior year
Feb 24 Department store operator J.C. Penney Co Inc said on Friday it would close about 130-140 stores over the next few months, and reported a 0.7 percent drop in same-store sales for the holiday quarter.