Headlines

JCPenney Replaces Chief of Stores

Jim DePaul named executive vice president of stores

Published

5 years ago

July 31, 2019

VMSD_Olivia

Michael Robbins will leave JCPenney (Plano, TX) as chief of stores and supply chain on Aug. 5 and will be succeeded by Jim DePaul as executive vice president of stores, according to Retail Dive.

After a round of executive and board appointments, JCPenney continues to attempt a comeback in the market after years of floundering sales and middling performance.

CEO Jill Soltau, who acquired the position last year, told analysts that one of her top priorities is filling the company’s management team.

JCPenney recently hired financial advisers to restructure its debt and help avoid bankruptcy.

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