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JC Penney Reaches Agreement With Sephora in Dispute Over Store-in-Store Partnership

Two Companies to Revise Deal Before Court Hearing
Sephora operates in over 650 J.C. Penney department stores throughout the country. (Phillip Pesar/Flickr)
Sephora operates in over 650 J.C. Penney department stores throughout the country. (Phillip Pesar/Flickr)

Department store retailer J.C. Penney, which has been weighing its financial options for months, settled its differences with its beauty operating partner Sephora USA before a court hearing and the two companies agreed to "mutually beneficial revisions" to their joint operating agreement.

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