JCP News and Press, J.C. Penney Company Inc. From 01/31/20

J.C. Penney (NYSE: JCP ) has been notified it's no longer in compliance with NYSE listing criteria . More news on: J. C. Penney Company, Inc., Consumer stocks news, Read more ...

Source: Forbes Certain traditional retailers are having trouble growing their top lines. J.C. Penney ( JCP ) is reducing its store count amid stagnant revenue growth: J.C. Penney is set to close six of its department stores in 2020, a spokeswoman confirmed to CNBC. The stores...

The idea sounded reasonable enough. If a struggling J.C. Penney (NYSE: JCP) store is beyond salvaging, then cut it loose -- don't let dead weight drag the entire organization down. That's why the iconic retailer has been culling stores since 2012, and accelerated those closings in 2017. The ...

Businesses come and go. Some are naturally more resilient than others, but there's very little to protect your average business from failing and going bankrupt. In fact, studies have shown that up to 70% of small businesses fail within their first 10 years. A whopping 70% of value destruct...

Plano, Texas, Jan. 23, 2020 (GLOBE NEWSWIRE) -- J. C. Penney Company, Inc. (NYSE: JCP) announced today that the Company will host an analyst day event starting at 8:30 a.m. ET on April 7, 2020 at the New York Stock Exchange. Chief Executive Officer Jill Soltau, Chief Financial Officer B...

J.C. Penney's ( JCP ) decision to close only six stores in 2020 is not a surprise. Closing stores is not a viable path by itself to significantly improving profitability for a national retailer due to the largely fixed corporate and distribution network costs. As well, J.C. Penney needs most...

J.C. Penney ( JCP -4% )  confirms that it plans to close six department stores this year. More news on: J. C. Penney Company, Inc., Consumer stocks news, Read more ...

J.C. Penney 's (NYSE: JCP) stock recently dipped below $1 a share again after the company revealed that its comparable-store sales fell 7.5% during the nine-week holiday period. Excluding its ongoing exits from the major appliance and in-store furniture categories, its comps still declin...

Wells Fargo has a deep dive out on the expected growth in the emerging resale clothing industry. More news on: The RealReal, Inc., Alphabet Inc., The Goldman Sachs Group, Inc., Consumer stocks news Read more ...

Retail sales for December topped expectations and were higher nearly across the board except for the bruised-up department store category. More news on: Macy's, Inc., J. C. Penney Company, Inc., Dillard's, Inc., Consumer stocks news Read more ...