Last updated: February 19. 2013 5:48PM - 109 Views

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(AP) THE COMPANY: J.C. Penney Co. is a mid-priced department store chain that sells clothes, shoes and household goods


HEADQUARTERS: Plano, Texas


FOOTPRINT: Penney operates 1,100 stores in the U.S. and jcp.com


WORK FORCE: 100,000 employees


REVENUE AND PROFITS: For the nine-month period ended Oct. 27, Penney reported a loss of $433 million, or $1.98 per share. That's compared with a loss of $65 million, or 30 cents in the year-ago period. Revenue dropped 23 percent to $9.1 billion.


STOCK: Penney stock trades at about $16, the lowest point since March 2009 when the U.S. was in a deep recession. Investors had pushed its stock up nearly 25 percent to about $43 after it unveiled a new everyday low pricing plan in late January. But since then, the stock has plunged 62 percent.


Associated Press
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