JCP News and Press, J.C. Penney Company Inc. From 03/31/20

J. C. Penney ( JCP +0.4% ) says it will extend the temporary closure of its stores and business offices due to the pandemic. More news on: J. C. Penney Company, Inc., Consumer stocks news, Stocks on the move, Read more ...

J. C. Penney Company, Inc. (NYSE: JCP) today announced it will extend the temporary closure of its stores and business offices due to the Coronavirus (COVID-19) pandemic. The Company will continue to follow guidance from local, state, and federal officials as it anticipates gradually reopenin...

Image from Forbes Walmart ( WMT ) needs no introduction, they are one of the great American companies; however, Walmart's best days are over . They have expanded across the globe and like many multinational companies, the International segment does not enjoy the same economies of scale. T...

The current market meltdown has definitely precipitated valuations we haven't seen in a long time in certain sectors. The COVID-19 breakout has caused the government to order a sudden stop to a wide swath of businesses across the country, especially those in anything related to travel or transpo...

Co-produced with Beyond Saving It has been an incredibly volatile month for the market, driven by panic selling, liquidity concerns and the great unknowns of COVID-19. We know that most consumer-facing businesses are closing for a period of time. What we don't know is how long. Many anno...

The coronavirus pandemic will be blamed, but it's not the only reason retail store closures will set a record in 2020. The virus has, of course, disrupted retail, but most of the permanent shutdowns that will happen this year are likely to be retailers that die faster due to the pandemic, not on...

In this episode of Market Foolery , Chris Hill and Motley Fool analyst Jason Moser bring you the latest headlines from Wall Street: Also, from the mailbag: why airlines don't issue stocks in a downturn and much more. To catch full episodes of all The Motley Fool's free podcasts, check out o...

A breaking news by SA that has been published this evening (3/25) reads as follows: The Cheesecake Factory (NASDAQ: CAKE ) informed landlords that it won't be able to make rent payments due on April 1 for any of its storefronts, according to a report from Eater Los Angeles. The res...

The best-case scenarios for J.C. Penney ( JCP ) appear to be out of reach now with its store closures and the acceleration of testing revealing more of the extent of the Coronavirus issue in the United States. It will probably take at least a month for J.C. Penney's stores to re-open now, ...

The global coronavirus pandemic has placed enormous pressure on even financially healthy businesses, but for ailing outfits like J.C. Penney (NYSE: JCP), the outbreak could be the kiss of death. Sales were in a tailspin before the outbreak began forcing state and local governments to issue ...