Posted In: JC Penney, Retail, clothing
J.C. Penney seriously needs to catch a break right now. Shoppers were scared off when the chain eliminated big sales in favor of everyday low prices. Now, Penney's will open 681 'Joe Fresh' shops inside their main stores.
Posted In: American Airlines, unions, bankruptcy
The parent company of American Airlines wants more concessions from unions, or it'll push to cancel existing labor contracts.