George Soros


After Selling Majority Stake, William Ackman Finally Departs JCPenney

William Ackman, hedge fund manager and the founder of Pershing Square Capital, JCPenney's largest shareholder

New York—After a controversial and often contentious tenure as JCPenney’s largest shareholder and member of its board of … [Read more...]

JCPenney to Allow Ackman to Sell a Majority Stake

JCPenney

Plano, TX—William Ackman, the activist board member at JCPenney whose Pershing Square Capital hedge fund is the retailer’s largest … [Read more...]

JCPenney to Customers: “We Learned From Our Mistakes”

JCP Listens

Plano, TX—It’s a seldom seen tactic from a major retailer: apologizing to its customers for a litany of mistakes.But if you’re … [Read more...]

American Apparel: “No Doubt about Our Ability to Continue”

americanapparelwomenthumb

Los Angeles—American Apparel got two positive pieces of news today that may lead to a less cloudy future for the struggling … [Read more...]