WWD.com/fashion-news/fashion-features/the-questrom-magic-j-c-penney-reports-297-leap-in-profits-744991
fashion-features
fashion-features

The Questrom Magic: J.C. Penney Reports 297% Leap in Profits

NEW YORK — Focused on centralization, J.C. Penney Co.’s turnaround accelerated in the third quarter as the retailer quadrupled its profits.Investors were delighted by the stronger-than-expected results, which were helped somewhat...