One step forward, another back for Penney

February 27, 2015

A 4.4 percent increase in same-store sales was not enough to keep J.C. Penney from posting a loss of 19 cents a share during the company’s fourth quarter.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.