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Published 1 year ago

JCPenney was once a shopping giant. Can it make a comeback?

Summary by Ground News
JCPenney has struggled for more than a decade and fell into bankruptcy shortly after the Covid-19 pandemic in 2020. Marc Rosen, a retail veteran who previously worked at Walmart and Levi's, said he "did not have any personal hesitancy at all" about trying to revitalize the 120-year-old brand.

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JCPenney was once a shopping giant. Can it make a comeback?

JCPenney CEO Marc Rosen wants to revive the retailer.

1 year ago·Atlanta, United States
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JCPenney was once a shopping giant. Can it make a comeback?

By Nathaniel Meyersohn, CNN BusinessMarc Rosen didn’t flinch when he was offered the top job at JCPenney last year.A stalwart of twentieth-century retail for middle-class Americans seeking affordable clothing and home furnishings, JCPenney has struggled for more than a decade and fell into bankruptcy shortly after the Covid-19 pandemic in 2020.But Rosen, a retail veteran who previously worked at Walmart and Levi’s, said he “did not have any pers…

1 year ago·Colorado Springs, United States
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JCPenney was once a shopping giant. Can it make a comeback? - Local News 8

By Nathaniel Meyersohn, CNN BusinessMarc Rosen didn’t flinch when he was offered the top job at JCPenney last year.A stalwart of twentieth-century retail for middle-class Americans seeking affordable clothing and home furnishings, JCPenney has struggled for more than a decade and fell into bankruptcy shortly after the Covid-19 pandemic in 2020.But Rosen, a retail veteran who previously worked at Walmart and Levi’s, said he “did not have any pers…

1 year ago·Idaho Falls, United States
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KCRA 3KCRA 3

JCPenney was once a shopping giant. Can it make a comeback?

The company faces unrelenting pressure from much larger retailers such as Amazon, Walmart and Target.

1 year ago·Sacramento, United States
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WCVBWCVB

JCPenney was once a shopping giant. Can it make a comeback?

The company faces unrelenting pressure from much larger retailers such as Amazon, Walmart and Target.

1 year ago·Boston, United States
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WLWTWLWT

JCPenney was once a shopping giant. Can it make a comeback?

The company faces unrelenting pressure from much larger retailers such as Amazon, Walmart and Target.

1 year ago·Cincinnati, United States
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