J.C. Penney holiday quarter comparable sales rise 2 percent

Tue Feb 4, 2014 8:15am EST

Feb 4 (Reuters) - J.C. Penney Co Inc on Tuesday said comparable sales rose 2 percent during the fourth quarter, which included the crucial holiday season.

Chief Executive Myron Ullman said in a statement the struggling department store operator's turnaround "is on track."

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A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

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