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JCPenney: retail industry veteran joins board

(CercleFinance.com) - Struggling US retailer J.
C. Penney said it has named on its board a retail industry veteran with more than 30 years of experience, in a move to boost sales.

The company announced that W. Paul Jones, a department store and specialty retailing specialist, was elected to its board of directors.

Jones served as chief executive officer of U.S. discount retailer Payless ShoeSource, before retiring in 2017.

JCPenney said he will bring to the table his expertise in omnichannel experience, merchandise and marketing insight.

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