Dozens of Bankrupt Firms Paid Top Execs Huge Bonuses Before Layoffs: Report
JCPenney, Hertz and Neiman Marcus paid top executives large bonuses before seeking bankruptcy protection.
Jill Soltau
JCPenney Paid Top Execs Huge Bonuses Before Firing Workers, Edging Toward Bankruptcy
JCPenney furloughed majority of store workers and skipped two recent debt payments.
Ron Johnson Killed J.C. Penney—But He Has Become One of the Brightest Minds in Retail
Ron Johnson's tenure as CEO of J.C. Penney was arguably the biggest retail disaster in history. But now, he's back.
