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JC Penney profit down 50 pct; sees difficult year (Reuters)

Started by riky, May 15, 2008, 07:22:03 PM

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riky

JC Penney profit down 50 pct; sees difficult year
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - J.C. Penney Co Inc  said on
Thursday its first-quarter profit dropped 50 percent as the
retailer cut prices to clear unsold merchandise, and it
forecast a similar profit drop for its current quarter.</p><br clear="all"/>


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