Penney Comes to Town: Retailer to Open Store In the Manhattan Mall
J.C. Penney is coming to Manhattan. The Plano, Tex.-based retailer on Wednesday confirmed it plans to open a three-level, 150,000-square-foot store at the Manhattan Mall in the Herald Square district in late 2008 or early 2009.
From This Issue
Jim Davis, who bought New Balance 35 years ago, will resign as chief executive officer of the nearly $1.6 billion activewear firm on April 30 to make way for a new leader from outside the company.
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