J.C. Penney Is Awash In Red Link: A $552 Million Q4 Loss As Holiday Sales Fell 28%
Posted on February 27, 2013 at 17:26 PM EST
Struggling J.C. Penney swung to a dramatic loss in the fourth quarter, a dismal period that will do little to raise hopes about new CEO Ron Johnson's turnaround.
Struggling J.C. Penney swung to a dramatic loss in the fourth quarter, a dismal period that will do little to raise hopes about new CEO Ron Johnson's turnaround.
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