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The Continuous Improvement Mindset: RXO’s Jamie Harris
The veteran CFO is driving the trucking brokerage spinoff of XPO Logistics toward process efficiency, organic growth, and market share gains.
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Vincent Ryan
| January 27, 2023
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JCPenney
Retirement Plans
JCPenney Offloads $2.8 Billion in Pension Liabilities
The transfer deal with annuities provider Athene Holdings will ensure that about 30,000 participants in JCPenney's pension plan continue to get benefits.
By
Matthew Heller
| April 2, 2021
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M&A
Sycamore Partners Leads Bid to Acquire Bankrupt JCPenney for $1.75B
The New York-based firm wants to buy the company and merge it with department store chain Belks.
By
Lauren Muskett
| July 28, 2020
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Credit & Capital
JCPenney Files Chapter 11 Despite Turnaround Gains
The iconic retailer says the progress it had been making after years of declining sales "was wiped out with the onset of COVID-19."
By
Matthew Heller
| May 18, 2020
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Turnarounds
JCPenney Loss Narrows to $93M, Shares Jump
The ailing retailer's third-quarter results gave investors “some hope” that its turnaround efforts are “gaining traction.”
By
Matthew Heller
| November 15, 2019
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Financial Performance
JCPenney Reports Steep Drop in First Quarter Sales
The company’s CEO remains optimistic about the retailer’s future.
By
Lauren Muskett
| May 21, 2019
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