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Perpetual bond. A perpetual bond, also known colloquially as a perpetual or perp, is a bond with no maturity date, [1] therefore allowing it to be treated as equity, not as debt. Issuers pay coupons on perpetual bonds forever, and they do not have to redeem the principal.
On May 21, J. C. Penney announced that Shawn Gensch will be the Chief Customer Officer to take effect on June 3. Gensch comes from Sprouts Farmers Market where he was their CCO. [92] Also on May 21, J. C. Penney announced a net sales decline of 5.6% and a net loss of $154 million for its fiscal first quarter of 2019, which ended on May 5.
Forever 21’s parent company Sparc Group announced on Thursday that it will partner with the online shopping giant in a deal that would see Sparc become a minority shareholder in Shein. In turn ...
Fast fashion retailers Shein and Forever 21 are going into business together. Under a partnership agreement announced Thursday, the Chinese-founded Shein will acquire about one-third interest in ...
The limited-edition Flamin' Hot Cheetos-inspired collection launched on Thursday, June 6 online and in Forever 21 stores and will be available for purchase while supplies last. In other words, if ...
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