J. C. Penney , in a statement , reported '' brisk traffic '' at its stores on Friday , while Terry J. Lundgren , the chief executive of Federated Department Stores , the owner of Macy 's , said '' we are off to a strong start . ''
Terry J. Lundgren /business/person/company Federated Department Stores
NNP NNP NNP , IN DT NN , VBD '' JJ NN '' IN PRP$ NNS IN NNP , IN NNP NNP NNP , DT JJ NN IN NNP NNP NNPS , DT NN IN NNP POS , VBD '' PRP VBP RB TO DT JJ NN . ''
Terry J. Lundgren
PERSON
Federated Department Stores
ORGANIZATION
/business/person/company