J C Penney holiday season sales rise 3.7%, stock jumps 20%
Thu, Jan 08, 2015 - 5:50 AM
New York
DEPARTMENT store operator J C Penney Co Inc said same-store sales rose 3.7 per cent in November and December, boosting its shares and offering a glimpse of what is expected to be the best holiday season for retailers since 2011.
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