The ax has fallen — again — at J.C. Penney Co. The retailer laid off approximately 2,200 employees in its stores and district offices on Wednesday, The Dallas Morning News reported.
The New York Times reported about Allen Questrom’s on-air visit with CNBC for its Fast Money Halftime Report, during which the former J.C. Penney CEO was very candid about his disapproval of new chief Ron Johnson’s approach to leadership.