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JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business

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The money is going toward remodeling JCPenney stores, upgrading its online shopping site and app, and making its supply network more efficient.

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JCPenney says it plans to spend more than $1 billion by the end of

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Inside J.C. Penney's $1 billion plan to boost business - Marketplace

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JCPenney is spending $1 billion on store, online upgrades in

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JCPenney spending $1 billion on store, online upgrades

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After Being 'Starved for Investment,' J.C. Penney Plans $1 Billion