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JCPenney “Pleased” with December Sales, Wall Street? Not So Much

In Industry News, Profiles, What's New by Jeff PrineLeave a Comment

Plano, TX—JCPenney reported today that it was “pleased” with its holiday sales performance. However, Wall Street responded to the scant report with a drop in the beleaguered department store’s shares. Following its recent trend toward revealing monthly comparable store sales, JCPenney only released a two-paragraph statement sans figures for its …