J.C. Penney Shares Surge as 4Q Adjusted EPS Tops Estimates

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Business, Information Technology (IT), Architecture
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the key strategies implemented by JCPenney's new CEO, Jill Soltau?
Reducing online sales
Increasing the number of stores
Focusing on women's apparel
Expanding the sale of big appliances
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is closing stores considered important for JCPenney?
To expand into new markets
To increase the number of employees
To reduce online presence
To improve profit margins
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of JCPenney's revenue comes from e-commerce?
20%
10%
5%
15%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the market's reaction to JCPenney's earnings report?
The stock price fell by 10%
The stock price remained unchanged
The stock price jumped by 10%
The stock price fell by 5%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does the new chief merchant play in JCPenney's strategy?
Overseeing e-commerce operations
Improving product offerings in stores
Managing store closures
Reducing inventory levels
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