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Sales and profit slumps were relatively modest, a sign the department store’s merchandising and marketing efforts are paying ...
The following chart shows quarterly revenue growth for the company versus major competitors, including Macy's, Nordstrom, Sears, and Kohl's, over the past several quarters. J.C. Penney is not only ...
While J.C. Penney (NYSE: JCP) often gets lumped in with other struggling retailers, the chain has made major progress on its turnaround efforts. That does not mean it's not struggling. The chain ...
J.C. Penney, reeling from a one-two punch of the department store industry’s struggles and the coronavirus pandemic, filed for Chapter 11 bankruptcy protection on Friday. The company, which had ...
J.C. Penney has been carrying too much traditional workwear. Image source: J.C. Penney. In reality, this clearance activity accounted for only about a third of the company's gross-margin decline.
J.C. Penney is looking to go forward with a sale of the business to avoid a brush with liquidation. Store closing sales are underway at 150 locations.
J.C. Penney hasn’t had to release its finances since 2020. Here’s how the retailer is doing. The department store insists it’s on a “strong financial footing,” but filings show ongoing ...
J.C. Penney has gone through a tough few years, as what investors had expected to be a solid turnaround led by a savvy retail expert turned out to produce a failed strategy that the company has ...
J.C. Penney has come a long way in just two years. Losses in 2016 will be cut by more than half from 2015, and by 2018 and 2019, the company is expected to return to profitability.
J. C. Penney Company, Inc. (jcpenney), is a holding company. The Company is a retailer, operating 1,102 department stores in 49 states and Puerto Rico ...