A report of a new hire by J.C. Penney (JCP +5.6%) helps kickstart a rally in shares and...

|About: J.C. Penney Company Inc. (JCP)|By:, SA News Editor

A report of a new hire by J.C. Penney (JCP +5.6%) helps kickstart a rally in shares and bring some buyers back into the fold. The retailer landed Abercrombie & Fitch exec Bradon Tonniges to help with store design and layout, according to Bloomberg. The exec was one of the brains behind the transition of Abercrombie stores into a dark nightclub atmosphere.