J.C. Penney Company, Inc. (NYSE:JCP)

Shopping Cart Full of Christmas Presents

Black Friday Sales Off and Running — on Monday

Even though Black Friday is still five days away, big retailers are getting a jump on the traditional beginning of the holiday shopping season with pre-Black Friday and other countdown ...
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Holiday Spending Plans Slow to a Crawl

Earlier this year, the National Retail Federation posted a forecast for holiday sales to rise 4.1% over last year. E-commerce results should yield results that are better. However, a new ...
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Only 38 Shopping Days Until Christmas

Christmas is five weeks away. Based on the aggressiveness of retail promotions, it would seem the holiday is only days off. Wal-Mart Stores Inc. (NYSE: WMT) and other retailers with ...
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Does J.C. Penney Need to Close 100 Stores?

After a year of 20% or more drops in same-store sales and revenue, under former CEO Ron Johnson, J.C. Penney Co. Inc. (NYSE: JCP) has pulled itself to a level ...
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J.C. Penney Stock Wrecked by Earnings

Three of America’s most closely watched retailers have reported quarterly earnings over the past two days, and the results have been as varied as the stores themselves. Each company is ...
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Earnings Raise Question About J.C. Penney’s Store Closings

J.C. Penney Co. Inc. (NYSE: JCP) has tried to fight back from the disastrous period when Ron Johnson ran the company from January 2011 until April 2013. Revenue and same-store ...
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10 Stores Closed on Thanksgiving

The holidays are an extremely important time for retailers, many of which depend on holiday shoppers to meet their yearly goals. This year, the holiday season is expected to be ...
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8 Stores Open on Thanksgiving

The holidays are an extremely important time for retailers, many of which depend on holiday shoppers to meet their yearly goals. This year, the holiday season is expected to be ...
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J.C. Penney Sales Slide, Lower Earnings Loss Not Enough

J.C. Penney Co. Inc. (NYSE: JCP) reported third-quarter fiscal 2014 results after markets closed Wednesday. The venerable retailer reported an adjusted diluted earnings per share (EPS) loss of $0.62 and ...
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What to Expect From J.C. Penney Earnings

After markets close on Tuesday, J.C. Penney Co. Inc. (NYSE: JCP) is scheduled to report third-quarter results. The company gave us a preview of what to expect when it announced ...
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Retailers Expected to Add 750,000 Holiday Jobs

A number of the nation's largest retailers have already announced they will add tens of thousands of jobs each for the season. The National Retail Federation (NRF) reports the total ...
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Could J.C. Penney Follow Sears Down the REIT Road?

Friday’s announcement from Sears Holdings Corp. (NASDAQ: SHLD) that it was exploring the creation of a real-estate investment trust (REIT) for 200 to 300 of its owned stores sent the ...
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Ahead of the Holidays, Walmart Shares Flat as J.C. Penney and Sears Collapse

Wall Street must believe that holiday sales at Wal-Mart Stores Inc. (NYSE: WMT) will not be a total disaster this holiday season. Its shares are nearly flat year to date. ...
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Shopping Cart Full of Christmas Presents

Christmas Spending Forecast to Rise 4%

While a 4% rise in Christmas spending may not be enough to substantially lift the revenue at healthy retailers or repair the problems at weaker ones, it is a rate ...
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J.C. Penney Names Mike Ullman Succession Plan: Meet the New CEO

J.C. Penney Co. Inc. (NYSE: JCP) had its analyst meeting just last week, and CEO Mike Ullman said he would remain on as long as the company wanted him to. ...
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