J.C. Penney’s New CEO Lays Out First Round of Store Closures
Customers line up during the grand opening of a new J.C. Penney Co. store in New York, U.S., on Aug. 29, 2014. (Photographer: Victor J. Blue/Bloomberg)

J.C. Penney’s New CEO Lays Out First Round of Store Closures

(Bloomberg) -- J. C. Penney Co. said it will close three stores this spring and may announce more next month as new Chief Executive Officer Jill Soltau embarks on a broad evaluation of its footprin...
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