PENNEY - The Salt Lake Tribune News from The Salt Lake Tribune en-us (Webmaster) JC Penney posts narrower quarterly loss, sales rise <div class="hnews hentry item"> <h4><a class="url entry-title" href="">JC Penney posts narrower quarterly loss, sales rise</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-08-14T17:10:02.199-06:00">Updated Aug 14, 2014 05:10PM MDT</span></h5> <div class ="entry-content">Plano, Texas • J.C. Penney Co. reported a narrower loss for its second quarter that beat Wall Street expectations. The beleaguered department store operator also said Thursday that sales rose 6 percent at established locations during the period, the third consecutive quarter of growth. The results offer some encouraging signs that Penney is recovering from a botched transformation plan by former CEO Ron Johnson that resulted in massive losses and plunging sales. Johnson, the mastermind behind Ap...</div> <h5><a rel="item-license" href="#license-582984672014-08-14T17:10:02.199-06:00" id="#license-2014-08-14T17:10:02.199-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> Thu, 14 Aug 2014 17:10:02 MDT