J.C. Penney Loses Share, Launches Marketplace as Sales Slide
J.C. Penney's Q2 net sales fell more than 8% to $1.3 billion as it lost market share, but activewear, furniture and a recovering beauty business posted strong gains.
J.C. Penney's Q2 net sales fell more than 8% to $1.3 billion as it lost market share, but activewear, furniture and a recovering beauty business posted strong gains.
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