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J.C. Penney shares surge 20 percent

Thursday, February 28, 2019 - 01:05

J.C. Penney's results wowed Wall Street. Its comparable store sales fell at a much lower pace than expected. As Fred Katayama reports, the retailer is focusing on selling apparel to middle aged women instead of millennials.

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J.C. Penney's results wowed Wall Street. Its comparable store sales fell at a much lower pace than expected. As Fred Katayama reports, the retailer is focusing on selling apparel to middle aged women instead of millennials.

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J.C. Penney shares surge 20 percent

Thursday, February 28, 2019 - 01:05