Sears Narrows Loss On Cost Cuts, But Revenue SlidesSears Holdings Corp. continued its downward slide during its fiscal third quarter, with competition and a continued shift in shopping habits cutting into sales.
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.
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.
RadioShack Files For Bankruptcy For Second Time In 2 YearsTroubled North Texas-based electronics retailer RadioShack has filed for bankruptcy for the second time in just over two years.
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.
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.
After Challenging Holiday, Sears To Speed Up Store ClosingsFollowing a "challenging" holiday season, Sears will accelerate the closure of some of its stores.
Mom And Pop Toy Boutique In Lakewood ClosingThe store manager says they have consistently lost customers to online retailers and big box stores. So much so that they now can not afford to keep the store open.
Brides & Grooms Getting Help After Bakery Suddenly ClosesA number of people have stepped up to help brides and grooms worried about where they'll be able to purchase a wedding cake. Romano's Bakery closed it's doors this week, leaving some 90 brides and grooms "cakeless."
North Texas Brides Left "Cakeless" After Bakery Abruptly ClosesJust weeks before one of the biggest days of their lives, several brides in North Texas are learning they will be without their wedding cakes. The owners of Romano’s Bakery abruptly closed their doors Monday.
RadioShack Releases Complete List Of Upcoming Store ClosingsThinking about getting a deal at RadioShack? We have the list of stores closings and more than 50 of them are right here in North Texas.