After working for more than 12 years at Home Depot, JCPenney CEO Marvin R. Ellison is taking the helm as chief executive at Lowe’s. Shares of Lowe’s rose nearly 2 percent in early morning trading on the news, while shares of JCPenney fell approximately 3...
July 26, 2018
As JCPenney has shifted strategies and experienced three different chief executives in about seven years, the retailer is now focusing on reaching moms. It had previously tried to reach millennials, the Wall Street Journal reported. With the new effort, the retailer held a “Shark Tank” event at its corporate offices, giving executives the opportunity to pitch ideas on how […]
May 22, 2018
After working for more than 12 years at Home Depot, JCPenney CEO Marvin R. Ellison is taking the helm as chief executive at Lowe’s. Shares of Lowe’s rose nearly 2...
