As JC Penney Raises Profit Forecast, CEO Tries To Reinvigorate StoresTroubled department store chain J.C. Penney raised its annual profit forecast Friday after reporting narrowed losses.
Low Trading Price Could Get JC Penney Kicked Off New York Stock ExchangePlano-based J.C. Penney Co. is being warned that its stock could be removed from the New York Stock Exchange for trading below $1 for too long.
JC Penney Responds To Investors' Debt Restructuring ConcernsPlano-based J.C. Penney says it hasn't hired any advisers to prepare for an in-court restructuring or bankruptcy.
JC Penney Continues To Struggle; Posting First Quarter LossesLosses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses.
New Smaller Sears Stores Focus On Appliances, Mattresses And Home ServicesAfter its journey through bankruptcy, Sears is getting ready to open its first batch of smaller stores focusing on appliances, mattresses and home services.
Sears Stores To Remain Open After Retailer Staves Off LiquidationThe company's largest shareholder and chairman, Eddie Lampert, may be able to keep the roughly 400 remaining Sears stores open.
Investors Caught Off Guard By Weak Holiday Sales At Department StoresUnemployment is low, wages are rising, consumer confidence is high and gasoline is cheap, but that didn't result in more Americans loosening their purse strings this past holiday season.
What Shoppers Need To Know About The Sears BankruptcyWith Sears closing 142 unprofitable stores near the end of the year, and 46 others by November, what's a shopper to do?
9 Sears Locations Across Texas Closing After Bankruptcy FilingAfter filing for bankruptcy protection, Sears will close another 142 stores before the end of the year -- including nine in Texas.
Sears Files For Chapter 11 Amid Plunging Sales, Massive DebtSears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses.
With Few Seeing Second Act For Sears, Company Shares RoutedSears is being pummeled before the opening bell on a report that banks are pushing the 130-year-old retailer to liquidate.