US: JC Penney cuts 600 headquarters jobs
By Leonie Barrie | 10 April 2012
US department store retailer JCPenney Company Inc is axing around 10% of the staff at its corporate headquarters in Plano, Texas as part of an ongoing transformation of its business under new CEO Ron Johnson.
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JCPenney | Verdict Company Briefing
A new one-stop destination for unique data and opinion on JCPenney's offer. Targeted at retailers, and stakeholders of the department store chain, we assess its performance, strategic direction and provide Verdict's view on its future....