Penney may sell/leaseback HQ building

February 5, 2016

By selling and leasing back its headquarters, J.C. Penney would gain a cash infusion. Management believes it can offset the cost of the lease by no longer paying for maintenance and property taxes.

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Penney may sell/leaseback HQ building

“No Contract, No Coffee”: Starbucks’ Red Cup Day Turns Into “Red Cup Rebellion” as Politicians Join Boycott

Walmart’s Sixth CEO: John Furner to Take the Helm as McMillon Steps Down

Firehouse Subs Brings on Carolina Berti as CMO for U.S. and Canada

IKEA and Best Buy Launch Shop-in-Shop Pilot Across 10 Stores in Florida and Texas

Macy’s Store Closures Partially Responsible for 274% Increase in Retail Layoffs, According to a New Report

Papa Johns Receives $2 Billion Purchase Bid From Apollo Global Management

Carnival Cruise Line Has Achieved a Major Sustainability Milestone. Here Are the Details

Nintendo Breaks Sales Records With Just-Released Switch 2

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