BBC News
watch One-Minute World News
Last Updated: Thursday, 28 December 2006, 22:21 GMT
US retailer JC Penney fires boss
US retailer JC Penney has fired its chief operating officer Catherine West, six months after she took the job.

Ms West will leave her post immediately, and the company declined to give any reasons for its decision.

Store operations, property development, and the logistics departments will now report to Myron "Mike" Ullman, JC Penney's chairman and chief executive.

Analysts said they were surprised by Ms West's sacking as the 1,037-store retailer had been performing well.

Shares of JC Penney fell by 80 cents, 1%, to $77.60 in New York following the announcement.


SEE ALSO
US consumers hit confidence high
28 Dec 06 |  Business

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Ukraine's election cat-fight leaves bitter taste
Drug addicts offered therapy - and military training
The microfinance minnow helping to fight poverty

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific