Washington—May retail sales rose again last month, but less than retail analysts had hoped as rising costs and gasoline prices … [Read more...]
JCPenney
Bad Weather Impacts Sears Holdings Q1 Loss
Hoffman Estates, IL—Sears Holdings Corp. today blamed its larger-than-expected first quarter loss on cold, damp weather that … [Read more...]
May 19, 2011 -
JCPenney Posts Q1 Profit Rise on Cost Cutting, Exclusive Brands
Plano, TX--JCPenney reported today a 6.7% increase in first-quarter profit, helped by its cost-cutting restructuring and demand … [Read more...]
May 16, 2011 -
First Merchants Hall of Fame Inductees Honored
New York—As part of the festivities during the 22nd annual FABB (Fashion Accessories Benefit Ball), Accessories magazine honored … [Read more...]
May 5, 2011 -
April Retail Sales Increase Better than Expected
New York—While gas and food prices may be on the rise, a late Easter boosted retail sales results for April. Of the 25 … [Read more...]
May 5, 2011 -
Q1 Reports: Jones Profit Falls, Claiborne’s Loss Widens
Jones Group Q1 Profit Falls On Higher Costs and Weitzman Acquisition New York—Jones Group Inc.'s net income fell 34% in the … [Read more...]
April 28, 2011 -
March Sales Increase Modestly
New York—While bad weather, rising gasoline prices and a later Easter lead retail analysts to forecast March retail sales would … [Read more...]
April 7, 2011 -
February Retail Sales Beat Estimates
New York—Despite rising gasoline prices and bad weather in much of the country, same store retail sales rose 4.3% in February, … [Read more...]
March 4, 2011 -
Q4 Profit Updates: JCPenney Jumps, Gap Improves
JCPenney Posts 35% Q4 Profit Increase Plano, TX—JCPenney posted today a 36% increase in its fourth quarter profit as sales of … [Read more...]
February 25, 2011 -
JCPenney to Unveil New Logo During Academy Awards
Plano, TX—JCPenney wants to modernize its image and what better place to start than the central zone for image-making itself: … [Read more...]
February 24, 2011 -
Janurary Retail Sales Show Surprising Increase
New York—While the post-Christmas blizzard may have hampered December results, January’s ice, snow and sleet didn’t seem to … [Read more...]
February 4, 2011 -
JCPenney Adds Ackman to Board, Exits Catalog Business
Plano, TX—While announcing plans to close under-performing stores and exit its catalog business, JCPenney said today it would be … [Read more...]
January 24, 2011 -
