JC Penney Is The Bright Spot For Retail This WeekJ.C. Penney delivered some encouraging news in the form of rising comparable-stores Friday, reversing four straight quarters of declines.
JCPenney Shares Tumble After Weak Profit OutlookJ.C. Penney is issuing a weak profit forecast as it accelerated its move to slash prices on goods to clear out inventory. Shares are tumbling more than 25-percent in premarket trading.
JC Penney Extends A Gloomy Week For RetailersJ.C. Penney is reporting a loss of $62 million in its fiscal second quarter. The Plano-based company had a loss of 20 cents per share.
Losses J.C. Penney Double, Sales And Shares SlideJ.C. Penney Co. is reporting a loss of $180 million in its fiscal first quarter.
J.C. Penney Delays Closing Of 138 Stores By Several WeeksJ.C. Penney says it is delaying the closure of 138 stores by several weeks to take advantage of better-than-expected sales at those locations.
J. C. Penney Releases List Of Upcoming Store ClosuresIt was late last month with Plano-based J.C. Penney announced that nearly 150 stores would be closed over the next several months. Today the company released specific information.
Despite Increased Profits, J.C. Penney To Close Some 140 StoresJ.C. Penney says it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability.
As Holiday Season Approaches JCPenney Reports 3Q LossShares of J.C. Penney slumped Friday after the department store chain wrestled with sluggish sales, particularly in apparel. The company has reported a loss of $67 million in its fiscal third quarter.
JC Penney Adds To The Misery In Retail As Sales FadeShares of Plano-based J.C. Penney tumbled 10 percent before the opening bell Friday after posting an unexpected sales drop, capping a miserable week for retailers.
J.C. Penney Posts 4Q Loss, But Is Winning Back CustomersJ.C. Penney Co. is reporting its fourth-quarter loss widened from a year ago, dragged down by restructuring costs. But its adjusted profit met analysts' estimates and the department store chain saw an uptick in spending for the holidays.
JC Penney Looking At Possible Plano-HQ Sale & Partial LeasebackJ.C. Penney is looking to potentially sell and partially leaseback its headquarters in Plano to help lower debt and create long-term savings.
Plano-Based JCPenney Reports Loss But Tops ExpectationsJ.C. Penney Co. said Friday sales that rose 6.4 percent at established locations in the third quarter and expressed confidence about its ability to compete in the upcoming holiday shopping season.