JC Penney
JC Penney is not faring very well. In 2018, it had to let go of a thousand employees and shut down a distribution center. The top-line sales went down by 0.3 percent on a net income of $116 million. The company has been having problems making a comeback because of its $4.2 billion debt. Its investors have been getting impatient with the state of things. It has since changed the executive lineup, so let us hope that things will get better soon.
JC Penney
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