NEW YORK — Focused on centralization, J.C. Penney Co.’s turnaround accelerated in the third quarter as the retailer quadrupled its profits.
Investors were delighted by the stronger-than-expected results, which were helped somewhat by special items, and traded up shares of the firm a whopping $2.45, or 13.2 percent, to close Tuesday at $20.96 on the New York Stock Exchange.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)