Retail

Retail
Consumer Confidence Rises In July

The Conference Board Consumer Confidence Index, which had declined marginally in June, improved in July. The Index now stands at 121.1, up from 117.3 in June. The Present Situation Index increased from 143.9 to 147.8, while the Expectations Index rose from 99.6 last month to 103.3.

Retail
J.C. Penney Names Davis CFO

J.C. Penney has named Jeffrey Davis as the retailer’s executive vice president and chief financial officer. He succeeds Andrew Drexler, who has been serving as interim chief financial officer while the company completed its search.

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