Stanley shashoua, interim ceo of jcpenney jcp 0. 0% says that he sees signs of growth. We are seeing week over week improvement and we are increasingly optimistic. Yet today, the 117 year old company is on the verge of going out of business and. However, experts said the creditors willingness to keep the company alive rather than pushing for liquidation was less a vote of confidence in jcpenney and more of a sign of. Yet today, the 117 year old company is on the verge of going out of business and.
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