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AP, Mark Lennihan This week, I paid a visit to a J.C. Penney (JCP) at a shopping mall in New Jersey. The century-old retailer has spent the last three years in the headlines for all the wrong reasons.
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On May 21, JCPenney announced that Shawn Gensch would be the chief customer officer, to take effect on June 3. Gensch comes from Sprouts Farmers Market where he was their CCO. [ 69 ] Also on May 21, JCPenney announced a net sales decline of 5.6% and a net loss of $154 million for its fiscal first quarter of 2019, which ended on May 5.
The West Oaks Mall, originally called the Lake Lotta Mall, was announced in April 1995 when the Homart Development Company bought 130 acres of land for the mall. Designed by the Atlanta based design firm Thompson, Ventulett, Steinbeck, and Associates, the mall was slated to be a total of 950,000 sq ft, with anchors Sears, Dillard's, Gayfers, and JCPenney as well as 125 specialty stores and a ...
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