Department store

A sign marks the location of a JCPenney store. (credit: Getty Images/Scott Olson)

J.C. Penney Reports Loss And Plummeting Sales In 1Q

J.C. Penney is reporting a bigger-than-expected loss and plummeting profits in the first quarter as many of its customers are rejecting a new bold pricing strategy that puts an end to rampant discounting in favor of everyday low prices.


A sign marks the location of a JCPenney store. (credit: Getty Images/Scott Olson)

JC Penney Chief Financial Officer Leaving Company

J.C. Penney Co. says Chief Financial Officer Michael Dastugue will leave the company Friday in the wake of a broader shakeup of the department store operator’s business.


Rudolph the Red-Nosed Reindeer Christmas decoration. (credit: Alex Wong/Getty Images)

Scrapbook Tells How Rudolph Went Down In History

Do you recall, the most “Perfect Christmas Crowd-Bringer” of all? That’s how executives at Montgomery Ward originally described Rudolph the Red-Nosed Reindeer, who first appeared in a 1939 book written by a company advertising copywriter and given free to children as a way to drive traffic to the stores.


According to published reports, the private equity firms that bought Neiman Marcus in 2005 are considering putting it up for sale, or taking the company public. (credit: Scott Olson/Getty Images)

Neiman Marcus 1Q Net Income Surges 88 Percent

Dallas-based department store operator Neiman Marcus Inc.’s fiscal first-quarter net income surged 88-percent as shoppers continued to spend on luxury goods.


Department Store Dressing Room slats

How Private Is That Dressing Room?

Who’s watching you while you shop at the mall? The door to the department store fitting room may be closed, but that doesn’t always make much of a difference.


Ginger Undercover for Scarcity

Experts: Sale Price Often The Same After Advertisements End

With back-to-school shopping in full swing, storefronts big and small are often adorned with advertisements filled with eye-catching phrases like “one-day-only” and “biggest sale.” But how often is that true?