Business Insider India4y
Sephora cut 'a number' of jobs tied to its JCPenney partnership, resurfacing concerns about the deal with the bankrupt department store
Sephora has laid off 117 people, with "a number" of those affected working in corporate positions related to its partnership with JCPenney, Retail Dive was first to report earlier this week.
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EXCLUSIVE: JCPenney's First Store Opening in 8 Years Trumpets $1 Billion ‘Refresh' Plan
And the rollout of JCP Beauty departments with its inclusive mix of masstige, prestige and mass brands from new, emerging and established companies, to all 660 stores following Sephora's defection ...
Business Insider India5y
Analysts say that JCPenney's Sephora partnership is weighing on the beauty retailer's sales and sending shoppers into the arms of its main rival, Ulta
JCPenney leans on its partnership with Sephora to drive foot traffic to its stores and boost sales, but analysts say the favor is not being reciprocated as these mall-based locations weigh on ...