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.
JCPenney To Hire 40,000 Workers For HolidaysJCPenney said that it plans to hire more than 40,000 people during the holiday season, the same number as last year. The retailer said that it is looking for cashiers, workers to restock stores and beauty consultants.
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.
Some Retailers Go Into 2017 With Too Many StoresSome U.S. retailers, like North Texas-based J.C. Penney, have a problem they can’t easily resolve: They have too many stores. And even though they’ve announced closings, it’s increasingly likely they’ll have to shutter more.
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.
Thanksgiving Day Shopping Is Here To Stay -- With Some TweaksThanksgiving Day shopping is a delight to some and an anathema to others, but it isn't going away and some stores are rethinking their strategies on whether it makes sense to be open on the holiday itself.
JCPenney Holding Career Fair At 15 DFW StoresJCPenney is hosting a career fair at 15 stores across North Texas on Tuesday in hopes of finding a group of 1,400 new employees, both seasonal and permanent, along with salon stylist associates.
JCPenney Reports $56 Million Loss In Q2JCPenney on Friday reported a loss of $56 million in its fiscal second quarter. On a per-share basis, the Plano company said that it had a loss of 18 cents. The results surpassed Wall Street expectations.
Department Stores Look To Become DestinationsDepartment stores trying to recapture their appeal to consumers are making plans to provide more experiences like spas and restaurants, and offer exclusive selections to transforms the store into more of a destination.
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.