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Marvin R. Ellison

Department store chain JCPenney to shut down 138 stores in the US

Struggling department store chain JCPenney is closing down 138 stores and two distribution centers in the US in a move to cut costs, boost sales at stronger locations and focus on e-commerce. About 5,000 workers will be impacted by the...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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