By and and  on April 23, 2009

There’s hope springing from the middle market.

Top officials from J.C. Penney Co. Inc. are sensing improving consumer trends, and at the retailer’s analysts and investors’ meeting in New York on Wednesday, they went public with their limited optimism. “We are not seeing a wild or crazy shift, but there’s been a slight uptick,” said Myron E. “Mike” Ullman 3rd, Penney’s chairman and chief executive officer.

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