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Macy's (NYSE: M ) falls after the department store operator lowers its full-year profit forecast. More news on: Macy's, Inc., Kohl's Corporation, Nordstrom, Inc., Consumer stocks news, Earnings news and commentary, Top stock market news Read more ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify (click the highlighted links). Tariff relief led to big gains for Wall Street on Tuesday, though U.S. stock index futures are now p...
U.S. department stores are on pace to see an even larger drop in sales this year than the 20% decline recorded in 2018, according to information from the U.S. Census Bureau. More news on: Nordstrom, Inc., Hudson's Bay Company, Kohl's Corporation, Consumer stocks news Read more ...
JC Penney (NYSE:JCP) will release its Q2 2019 earnings results on August 15, and investors are looking forward to the results. In the past few weeks, JCP stock has not been doing well, and it dropped below the $1 mark as a result of tariff uncertainties and reports that the company is see...
Source: Forbes Shares of J.C. Penney ( JCP ) are under pressure. The stock is off over 45% over the past month amid chatter the company is looking to restructure its debt. The company recently divulged it hired restructuring specialists Kirkland & Ellis and Lazard: Penney's l...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify (click the highlighted links). There's a bunch of news weighing on stocks today, though some Asian shares caught the tail end of ye...
In a filing , J.C. Penney (NYSE: JCP ) says it will pursue measures to meet NYSE listing criteria, including a reverse stock split. More news on: J. C. Penney Company, Inc., Consumer stocks news, Stocks on the move, Read more ...
Plano, Aug. 08, 2019 (GLOBE NEWSWIRE) -- J. C. Penney Company, Inc. (NYSE: JCP) announced today that it received notification from the New York Stock Exchange (NYSE) on Aug. 6, 2019, that the Company is no longer in compliance with NYSE continued listing criteria, which require listed compa...
Intro My next article in this series looks to add the clothing retailer industry to my research. Any new readers that wish to see a detailed explanation on how I arrive at these results, please see my introductory article that elaborates on my process . As a quick summary, I believe that ov...
J.C. Penney (NYSE: JCP ) has added restructuring specialists from the Kirkland & Ellis law firm to its team giving it debt advice, according to Reuters. More news on: J. C. Penney Company, Inc., Consumer stocks news, Stocks on the move, Read more ...
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L Brands (LB), Macy’s (M),JC Penney (JCP), and Ascena (ASNA) are struggling due to decreased foot traffic for retail stores. Unlike other retailers, they’ve been unable to make up for it with online sales. Certain retailers are facing a crisis due to the coronavirus. The ...
Simon Property Group (NYSE: SPG) doesn't have enough money to buy up all of the retailers that are going to close their doors this year. The shopping mall operator has been on a spending spree , buying up bankrupt retailers in an effort to keep them from closing down and leaving vacant sto...
As J.C. Penney (NYSE: JCP) continues to maneuver through the complexities of Chapter 11 bankruptcy and its efforts to streamline its operations back into a financially sound business, 136 of its stores, earmarked for closure, began liquidation sales today. At the same time, the few remaining...