J.C. Penney shares edge up after executive appointments announced [MarketWatch]
JC PENNEY (JCP)
Last jc penney earnings: 2/27 07:30 am
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Source: MarketWatch
J.C. Penney shares edge up after executive appointments announced J.C. Penney Co Inc. JCP, +1.53% shares have inched up 0.8% in Tuesday trading after the company named a number of executive appointments. Mike Robbins will become executive vice president of private brands and supply chain starting Jan. 21, responsible for stores, supply chain and sourcing operations. Truett Horne, who is joining from McKinsey & Co., has been appointed chief transformation officer. The department store retailer still has a number of spots to fill, including chief merchant, chief customer officer and chief financial officer. J.C. Penney shares are down nearly 68% over the last year while the S&P 500 index SPX, +0.78% is down 6.5% for the period. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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