Tag Archives: jc

Economic Woes: “Gap, JCPenney, Victoria’s Secret, Foot Locker: 465 store closures in 48 hours”

“The ‘retail apocalypse’ is alive and well this week with major chains such as Gap, JCPenney, Victoria’s Secret and Foot Locker all announcing massive closures, totalling the death of more than 465 stores over the last 48 hours. All four … Continue reading

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“JCPenney taking emergency measures to stay afloat…”

“JCPenney, faced with unexpected light sales in mid-April, slashed payroll, froze overtime and took other drastic cost-cutting steps in an attempt to protect its bottom line, The Post has learned… Employees were stunned when their hours were slashed on such … Continue reading

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