Business |REPORT Featured
JC Penney comparable store sales up 4.4 percent in FY14 and Q4
JC Penney Company, for its fiscal fourth quarter and full year ended January 31, 2015 reported comparable store sales growth of 4.4 percent. The combination of this sales improvement, stronger gross margins and decreasing SG&A expense resulted in a 1.1 billion dollars increase in EBITDA for the year. Commenting on the development, Myron E....
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