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J.C. Penney's ( JCP ) stock has made a nice run-up since bottoming out at around $0.53 per share around one month ago. However, this run-up has made the risk/reward equation for J.C. Penney's stock considerably less favorable. The odds of J.C. Penney being able to pull off its required turnaro...
After three straight days of huge gains, J.C. Penney (NYSE: JCP) shares were moving in the wrong direction today after a rally sparked by its launch of a men's outdoor apparel brand, a short squeeze, and a general rotation into value stocks came to an end. As a result, J.C. Pe...
J.C. Penney (NYSE: JCP) shares were surging for the third day in a row today after investors continued to respond favorably to the retailer's decision to launch its own men's outdoor apparel brand, trying to grab a piece of a fast-growing segment. The stock finished Wednesday up 23.8% follo...
The stock market posted solid gains on Wednesday as the benchmark indexes powered through key levels once again. Investors expect to see some of the headwinds they've had to deal with start to ease in the coming months -- among them, trade tensions and relatively high U.S. benchmark interest rat...
JC Penney Company Inc (NYSE:JCP) has today announced a new men’s outdoor clothing range, which has boosted JCP stock nearly 15%. Investors in JCP Stock Feeling Bullish JCP’s new range will see the company launch an outdoor store in 100 of its 830 department stores next mon...
While the debate rages on in the news media over just how close the U.S. economy is to entering a recession, the economy itself is sending a powerful message. Several measures of the service sector and consumer spending are telling a story of growing confidence and spending power among the wor...
(Source - Pexels/Nur Andi Gusma ) The retail sector has been in rough weather the past few years as the rise of Amazon (AMZN) and other online retailers have drained the traditional "big box" stores of their customer base. Macy's ( M ), Ross ( ROST ), J.C. Penney ( JCP ), and Kohl's ( KSS )...
Plano, Texas, Sept. 10, 2019 (GLOBE NEWSWIRE) -- J. C. Penney Company, Inc. (NYSE: JCP) today announced that Colin Dougherty, a senior executive with more than 25 years of finance experience, will join the Company on Sept. 23 as senior vice president, finance, reporting to Bill Wafford, chi...
J.C. Penney ( JCP +7.7% ) announces the launch of St. John's Bay Outdoor. More news on: J. C. Penney Company, Inc., Consumer stocks news, Read more ...
Plano, Texas, Sept. 10, 2019 (GLOBE NEWSWIRE) -- JCPenney [NYSE: JCP] is bringing the great outdoors inside with the launch of St. John’s Bay® Outdoor, a new category designed to inspire and serve customer experiences and build on the strength and relevance of the retailerȁ...
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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...