Changes Coming to JC Penney ......

According to a recent Bloomberg article, changes are coming to JC Penney and it will affect shoppers here in New Jersey.

J.C. Penney plans to boost profits by re-configuring its stores with a focus on apparel. Penney's says it will stop selling major appliances by the end of February. The company will also scale back the availability of furniture to only online and select stores.

Personally I like to shop for clothes in person. I like to see, touch and try on apparel and a more extensive clothing line at Penney's is fine by me, maybe you feel the same way.

As part of Penney's efforts to steady its financial future, it brought in Jill Soltau as CEO in November, from Jo-Ann Stores.

 

 

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