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 J.C. Penney

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updated Sun. February 25, 2018

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ALAMOGORDO -- Employees of the Alamogordo J.C. Penney store wore purple and turquoise Thursday to honor a teenager killed in last week's school shooting ... "All of the J.C. Penney's across the country are wearing turquoise and purple, Cara's favorite colors, [Thursday] in remembrance of Cara," said ...
J.C. Penney recently announced plans to close eight stores across the U.S. during the 2018 fiscal year. The stores will be closed in locations including St. Louis, Missouri, Paramus, New Jersey, Burlington, Washington, and Mt. Vernon, Ohio. The reason for this, according to the Guru Focus report, is an effort ...
It's part of the company's ongoing plan to right-size J.C. Penney's store fleet as more sales move online. J.C. Penney operates roughly 875 department stores today. That's after the retailer shuttered nearly 140 stores throughout 2017. Earlier this week, J.C. Penney said it would also close one of its fulfillment ...
The distribution center could be worth $50+ million due to its location near major commercial and residential developments. J.C. Penney may also realize some ongoing savings through the closure of the facility and moving the operations to existing other facilities. This move reflects J.C. Penney's smaller ...
J.C. Penney is closing a Wisconsin distribution center and 8 stores. Filed under Retail at Feb 14 ... J.C. Penney said it's closing a large distribution center as the retailer's footprint no longer justifies properties built decades ago. Also, its post-holiday season review of its store fleet has resulted in eight stores ...

J.C. Penney is at a point where the market might soon believe that it has given a successful turnaround. The company has already benefited from a double-digit comp sales decline at Sears and will be in an advantageous position as more Sears stores are closed. On a trailing twelve months basis, the ...
JC Penney to close Wisconsin facility, eliminating 670 jobs. J.C. Penney is shuttering one of its distribution centers in Wauwatosa, Wisconsin, later this summer. It will eliminate about 670 jobs. Penney said its supply chain network is "oversized" in the area when compared with the company's overall footprint ...
J.C. Penney has partnered with the career service center at Ohio State University for a "Suit Up" event designed to help students -- male and female -- dress for success. The private event will take place from 6:30 to 9:30 p.m. Sunday at the Penney's in Polaris Fashion Place. Faculty, staff and alumni from ...
JC Penney Company Inc (nyse:JCP) is ranked as a Strong Sell using the Portfolio Grader algorithmic stock evaluator. The methodology for investing incorporated in this analytical tool evaluates and ranks nearly 5,000 stocks each week from a fundamental and quantitative perspective. This represents no ...
In thousands of High Plains communities from the 1920s to early 2000s, a J.C. Penney department store was as common as Main Street itself. Yet, while J.C. Penney shoppers were buying Big Mac overalls, Plain Pockets jeans and Towncraft shirts, few of them knew about the merchant's other ...
The department store chain started off the month flying higher on reports that retailers had their best holiday season in years, which was especially good news for J.C. Penney since the company is still struggling to turn a profit five years after Ron Johnson's botched turnaround strategy nearly bankrupted the ...
J.C. Penney (nyse:JCP) has not had an easy few years. The chain's woes date back to 2011 when it hired former Apple (Nasdaq: AAPL) retail executive Ron Johnson as its CEO. In his disastrous 17-month tenure, Johnson got rid of much of what the company's loyal customers liked about the brand.
J.C. Penney could lay off up to 144 workers when its store in the Westfield garden State Plaza in Paramus closes March 10, according to a filing with the state Department of Labor. In announcing the closure of the store, which has been an anchor at the mall for 60 years, a J.C. Penney spokesman said the ...
J. C. Penney Company, Inc. (nyse:JCP), maintained return on investment for the last twelve months at -2.79, higher than what Reuters data shows regarding industry's average. The average of this ratio is 14.58 for the industry and sector's best figure appears 8.22. J. C. Penney Company, Inc. (NYSE:JCP), ...
And while J.C. Penney has posted growth of late -- comparable sales increased 3.4% this past holiday season -- Macy's is in a league of its own. It maintained an EBITDA (earnings before interest, taxes, depreciation and amortization) margin of 12.5% in 2017, compared with Sears' negative 0.1% and J.C. Penney's 9%, ...
... which has been a popular destination for New Jersey shoppers for more than 50 years, will close its doors for good on March 10, according to the recording. J.C. Penney announced last March that it would be closing 138 stores nationwide in an effort to cut costs and grow sales at its strongest locations.

J.C. Penney, an anchor for 60 years at the Westfield garden State Plaza in Paramus, will close on March 10, according to a recording on the store's phone line. The retailer's exit coincides with the departure of the Best Buy store, which is expected to move out its location on mall property this spring.
The J.C. Penney department store at the Westfield garden State Plaza in Paramus -- an anchor since 1958 at what is now New Jersey's largest shopping center -- will close on March 10, store and mall officials confirmed Friday. The announcement comes as J.C. Penney is closing stores and trying to ...
In the early 1920s a new department store opened in the 300 Block of Main Street in downtown Galesburg by a gentleman from Kemmerer, Wyoming. His middle name was Cash. Originally the small chain of businesses was called The Golden Rule Store, but was soon renamed J.C. Penney. His business ...
Last year, struggling department store operator J.C. Penney (nyse: JCP) was one of several major retailers to close stores en masse in response to weak sales trends. J.C. Penney ultimately closed nearly 140 stores last summer: primarily smaller, rural locations. J.C. Penney isn't likely to implement a ...
GALESBURG -- J.C. Penney, one of the last remaining stores in the Sandburg Mall, will close on or about May 12. A corporate spokesman for the company said in an email the liquidation of the retail anchor at 1150 W. Carl Sandburg Drive will start March 5. Overall, 50 employees will be impacted by J.C. ...
J.C. Penney (JCP) is my top rebound bet in the retail sector for 2018. The retailer has seen some positive momentum in sales recently, so even though J.C. Penney adjusted its 2017 full-year comp guidance down last year, the company has quite good potential in my opinion to surprise to the upside.
J.C. Penney said Thursday morning it had a stronger holiday season than last because it was bolstered by sales in home, beauty and fine jewelry. It also benefited from a stronger shopping season across the board. The department store chain reported a jump in same-store sales of more than 3 percent ...
J.C. Penney (jcp) CEO Marvin Ellison makes no bones about it: the retailer is going hard after fellow struggling department store chain Sears' (shld) appliance sales. Penney, which resumed selling large home appliances two years ago after three decades away from the category, saw comparable ...
JC Penney is shutting down eight stores later this year, including one in Skagit County. While it hasn't been officially announced on the company's website, several national media outlets, including CNBC, have reported the stores will be shut down by May. The JC Penney store at the Cascade Mall in ...
What do you do with an empty 2-million-square-foot, one-half-mile-long warehouse? That's what Wauwatosa city officials are weighing after J.C. Penney Corp. announced Feb. 13 its plan to close the warehouse and customer-service operation plant on W. Burleigh Street just west of Highway 45 this ...
Compared to rivals like Macy's (nyse:M), J.C. Penney (NYSE:JCP) is heavily exposed to these lower-performing malls. Despite this inherent challenge, it has posted surprisingly solid comp sales results in recent years. This suggests that it has a competitive advantage in serving mid-tier malls -- which ...
The recent development in J. C. Penney Company, Inc. (nyse:JCP) stock have made investors to juggle around with their spending.
Macy's and to an extent J.C. Penney will benefit from these closures, as they can result in attracting more customer dollars and reducing pricing ...
Department stores defied weak sales seen throughout the year by reporting a good start to the holiday shopping season, bringing in Black ...
More than 10 days have passed since J. C. Penney Company, Inc. JCP came up with third-quarter fiscal 2017 results and the stock is still ...
J.C. Penney associates Angel Proctor (left) and Deya Picado (center) enjoy a laugh during an employee pep talk from store manager Laura ...
Macy's stock could drop by over 11 percent, while JC Penney could fall by nearly 18 percent, and Sears could plunge as much as 22 percent.
retailers Wal-Mart (nyse: WMT) and J.C. Penney (NYSE: JCP) exemplify these two scenarios. A decision to buy the former would depend on ...
JC Penney - an American icon for more than a century and Palestine mainstay since 1979 - has good news for holiday shoppers. "We've ...
Former JCPenney CEO and Apple Store pioneer Ron Johnson said on CNBC's Fast money that Amazon "should be really worried" about ...
Former J.C. Penney CEO Ron Johnson has been bullish on Walmart since at least February, when he appeared on "Fast money" and called ...
J.C. Penney has been trying to liquidate inventory -- especially excess women's apparel -- ahead of the holidays. Penney aims to make its ...
J. C. Penney surprised Wall Street on Friday, but not in the way investors had come to expect: The beleaguered department store chain ...
J.C. Penney is opening its doors on Thanksgiving an hour earlier this year, the retailer announced Monday, keeping with an industry-wide trend ...
J.C. Penney Company Inc (nyse:JCP) shares traded on -2.4% below secure line and closed at $3.66. The stock exchanged hands 10.52 ...
Lauderdale County supervisors may temporarily relocate courthouse workers to the vacant JC Penney store at the Bonita Lakes Mall.
A number of short sellers have bet that J.C. Penney Co. Inc. (nyse: JCP) and Macy's Inc. (NYSE: M) will have unusually harsh holidays.
A woman passes in front of a shuttered anchor store in the parking lot of the Marley Station Mall in Glen Burnie, Maryland, U.S., on May 3, 2017.
Retail comparable store sales look generally improved in August/September compared to Q2 2017, which improved from Q1 2017. J.C. Penney ...
J.C. Penney has done little to reverse Wall Street's negative perception. Even as it has added new departments like appliances and flooring to ...
For the first time in over two years, I decided to look back at J.C. Penney, a company I have found fascinating over the years. While I had some ...
J.C. Penney's stock price has been decimated, losing over $2 billion in market cap and plunging by ~66% in the last 12 months alone. This is ...
J.C. Penney pre-announced a large miss in late October amid its inventory liquidation strategy, lowering the bar substantially and dragging ...


 

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