Penney hires bankers to help find new sources of cash

04/11/2013 | Wall Street Journal, The

J.C. Penney has reportedly retained bankers from the Blackstone Group to advise the retailer on shoring up its cash position and to help it raise $1 billion. "In recent months, the Company has hired outside advisors to provide us with their expertise about how to best position the Company from a financial standpoint during the transformation," company spokeswoman Kristin Hays said.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Director, Architecture-130314-
Gap Corporate
SAN FRANCISCO, California
Warehouse Systems Manager
Uline
Pleasant Prairie, WI
Controller
JCPenney
Plano, Texas
Process Improvement Manager
Uline
Pleasant Prairie, WI
District Manager
Total Wine & More
Dist. Columbia