The department-store operator said its spring merchandise has been received well, with strong responses to its women’s assortments and home items. Its weakest category was fine jewelry. Total sales for the period ended April 4 fell 5.4 percent to $1.46 billion. J.C. Penney, based in Plano, Texas, runs 1,101 department stores throughout the U.S. and Puerto Rico
Date:4/9/2009
Source:Business Week