Jcpenny To Cut Costs - Detailed Analysis
JCPenny is getting rid of appliances and most furniture in an effort to stay afloat and Catalyst Brands is laying off some corporate employees of the department store. "CBS This Morning" takes a look at some of the day's headlines from around the globe. J.C. Penny is agreeing to settle a class-action lawsuit for $50 million dollars. The legendary retailer faced accusations of tricking ... 9 On Your Side's John Matarese discusses response to his story on The company apparently "marks down" prices on items that were less expensive before the sale.
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