JCPenney
JCPenney starts search for new CEO
JC Penney’s CEO Jill Soltau is exiting the company a month after the retailer emerged from bankruptcy proceedings through a sale to Simon Property Group and Brookfield Asset ManagementSimon Property and Brookfield are rescuing JCPenney
Mall owners Simon Property and Brookfield Property Partners have entered in an agreement in principle to acquire JC Penney. The American department store chain filed for bankruptcy protection earlier in the yearJCPenney to close 152 stores and cut 1 000 jobs
The US-based retailer is becoming a smaller operator as it goes through a bankruptcy restructuring. JCPenney plans to lay off about 1 000 employees as it shuts down more than 150 storesJCPenney to close 242 locations
According to a filing with the Securities and Exchanges Commission, retailer J.C. Penney, which recently filed for bankruptcy protection, plans to close more than 200 locationsShawn Gensch as JCPenney's Chief Customer Officer
The US-based department store chain announced Shawn Gensch, a highly accomplished executive with 25 years of experience in marketing and finance, as Chief Customer Officer, effective from June onwards and reporting directly to CEO Jill SoltauJCPenney with new executives
The Texas-based company announced the appointment of several senior executives to their team of retail experts- 1