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SB Capital Group Acquired 15&Nbsp; Home JCPENNEY Clothing Direct Selling Shop.

2011/10/25 15:23:00 40

American Clothing Direct Selling

Schottenstein subsidiary SB capital Refco Group Ltd

Announce

It has completed the acquisition of 15 JCPENNEY outlets from JC Penney.


While preparing for acquisitions, SB capital

group

It will form a new retail entity, JC 5 star sales shop.

During the extended pition period, these stores will continue to operate as JCPENNEY outlets. 12 months later, there will be revolutionary changes. These stores will be renamed as JC 5 star sales outlets.


In addition, JC Penney will continue to sell these direct sales.

Shop

Supply excess inventory and end season goods ensure direct customer loyalty customers continue to get the same quality products, value, convenience and services they are familiar with.

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