Goldman Sachs has put together a $1.75 billion financing package for J.C. Penney Co., with the loan backed by the retailer’s real estate and other assets, according to CNBC.
The New York Times reported about Allen Questrom’s on-air visit with CNBC for its Fast Money Halftime Report, during which the former J.C. Penney CEO was very candid about his disapproval of new chief Ron Johnson’s approach to leadership.
J. Crew CEO Milliard “Mickey” Drexler is the subject of a CNBC documentary that will premier Thursday, May 24 at 10 p.m., ET, with a re-air at 1 a.m., ET.