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Source: Barron's Heading into the holiday season several retailers were struggling. Many gave the impression that strong holiday sales could change the narratives. As revelations poured in about disappointing holiday sales, the stocks of several retailers cratered. Last month, J.C. Penney ...
Shares of J.C. Penney (NYSE: JCP) declined 33.5% in January, according to data from S&P Global Market Intelligence , after the department-store chain announced disappointing holiday-season results. The bulk of J.C. Penney's drop last month came on the heels of a Jan. 9 press ...
J.C. Penney (NYSE: JCP) has a new line of denim under its a.n.a. brand. The company calls the new jeans "a complete reimagination" of the brand "focused on the denim customers love and a size-inclusive selection for all body shapes and sizes." The move represents a bold step for the chain ...
For the second time in six months, department store chain J.C. Penney (NYSE: JCP) was warned by the NYSE it was at risk of being delisted from the exchange because its stock price traded below $1 per share for 30 days or more. The retailer said in an SEC filing that it was pursuing "measu...
PLANO, Texas, Feb. 06, 2020 (GLOBE NEWSWIRE) -- JCPenney (NYSE: JCP) is unfolding a new assortment of jeans with a complete reimagination of its a.n.a brand, focused on the denim customers love and a size-inclusive selection for all body shapes and sizes. The brand’s new look is the ...
The department-store industry has been wading deeper into secondhand waters for a while now. Nordstrom (NYSE: JWN) embraced the idea of dealing in used clothing in mid-2019, partnering with Rent the Runway by becoming a pickup and drop-off point for the apparel-renting outfit. In August, Ma...
Credit Suisse previews the highly-anticipated Macy's (NYSE: M ) Investor Day event set for tomorrow. More news on: Macy's, Inc., Dillard's, Inc., J. C. Penney Company, Inc., Consumer stocks news, Read more ...
PLANO, Texas, Feb. 03, 2020 (GLOBE NEWSWIRE) -- JCPenney (NYSE: JCP) today announced the appointment of six accomplished vice presidents, each bringing years of leadership, innovation, and expertise to the Company. “We continue to build a strong and talented team of leaders at JCPe...
Source: Barron's A few days ago the New York Stock Exchange (NYSE) notified J.C. Penney ( JCP ) that it was no longer in compliance with NYSE listing criteria: J.C. Penney Company, Inc. ((JCP)) announced that it received notification from the New York Stock Exchange (NYSE) today,...
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 ...
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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...