Is JCPenney making a profit?
Is JCPenney making a profit? “JCPenney is a failed state. For instance, JCPenney reportedly hasn’t turned a profit since 2010, and its annual sales have fallen every year since 2016. The chain lost $1.3 billion in 2020’s first 10 months, up 345 percent from the already high $295 million of red ink it saw in…