March 6, 2023
Advisory Director John Heller was quoted in a Retail Dive story about JC Penney’s finances.
Retail Dive
By Daphne Howland
Excerpt:
The level of depreciation and amortization noted in Penney’s filings could indicate that the retailer is investing in stores with improvements like new fixtures, furniture or merchandise, according to John Heller, a director of advisory services at accounting and advisory firm Marcum.