Down, But Not Out: JC Penney CEO Meets Shareholders
May 17, 2013 at 16:27 PM EDT
The morning after the embattled retailer reported another quarterly loss, J.C. Penney CEO Mike Ullman told shareholders: "I have an enduring affection for J.C. Penney, its customers, associates and shareholders...it's a privilege to come back and get us on a profitable growth track."
