FORT WORTH, Texas — The repositioning of J.C. Penney has been so successful that the company has aggressively accelerated its growth plans.
By achieving the objectives of its preliminary five-year plan in two years, the Plano, Texas-based department store has formulated a new strategy that calls for adding 250 new stores between now and 2011. This will encompass 175 new stores and 75 relocations, and is 100 more stores than the company said it would add by 2009.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)