J. C. PENNEY COMPANY, INC. (NYSE:JCP) Files An 8-K Other Events
Item 8.01
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Other Events.
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in connection with the settlement of its pending securities class
action lawsuit. A copy of the press release is filed herewith as
Exhibit 99.1 and incorporated herein by reference.
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Item 9.01
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Financial Statements and Exhibits.
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(d)
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Exhibit 99.1
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J. C. Penney Company, Inc. News Release issued May 5,
2017 |
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About J. C. PENNEY COMPANY, INC. (NYSE:JCP)
J. C. Penney Company, Inc. is a holding company. The Company’s business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website. It fulfills online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers’ warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, home furnishings and appliances. In addition, its department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating. J. C. PENNEY COMPANY, INC. (NYSE:JCP) Recent Trading Information
J. C. PENNEY COMPANY, INC. (NYSE:JCP) closed its last trading session up +0.11 at 5.49 with 12,513,973 shares trading hands.
