The money is going toward remodeling JCPenney stores, upgrading its online shopping site and app, and making its supply network more efficient.
JCPenney
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JCPenney's Senior Leadership Team Visits International, 47% OFF
JCPenney
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JCPenney spending $1 billion on store, online upgrades in latest
Inside J.C. Penney's $1 billion plan to boost business - Marketplace
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Steve Dennis on LinkedIn: JCPenney spending $1 billion on store
After Being 'Starved for Investment,' J.C. Penney Plans $1 Billion
JCPenney says it plans to spend more than $1 billion by the end of
JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business
Lindsay Keaton on LinkedIn: JCPenney is spending $1 billion on store and online upgrades in latest bid…