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  "documentTitle": "J.C. Penney Company, Inc. (JCP)",
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  "authorName": "William Ackman",
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  "presentationDate": "2012-05-16 00:00:00",
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  "notes": "The slide uses a table to segment the store portfolio and provides a comparative benchmark against Macy's in the footer callout.",
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      "kind": "callout",
      "text": "~80% of Penney’s on-mall stores are in shopping centers with sales >$300 per sf. For Macy’s, this figure is roughly ~75%",
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      "text": "Total Sq ft: 112mm",
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      "kind": "paragraph",
      "text": "Nationwide store base is split across three types of formats:",
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      "text": "Source: Company data",
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