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Stories with person: Terry J. Lundgren
  • JC Penney reports loss, sales growth, but shares skid 
    Updated: Nov-13-15 11:17 am

    PLANO, Texas - J.C. Penny reported stronger-than-expected sales for the third-quarter, but the department store operator's failure to raise its forecast for the year appeared to add to worries that upcoming holiday shopping season could turn out to be a dud for retailers.