J.c. Penney Closing Stores

PLANO, Texas (TheStreet) -- J.C. Penney said Monday it plans to close certain underperforming stores and wind down its catalog and outlet operations. The retailer plans to close five JCPenney department stores across the U.S. and one JCPenney Home Store in Duluth, Ga. "These six locations no longer meet the company's profitability threshold," J.C.

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BING NEWS:
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    J.C. Penney Co. Inc.’s stock value continues to slide to historic lows a week after the company released disappointing second quarter earnings. Shares opened at $3.56 today, down nearly 10 percent from a closing price of $3.93 on Aug. 11. But J.C. Penney ...
    08/17/2017 - 6:58 pm | View Link
  • J C Penney Company Inc (JCP) Stock Collapses on Weak Q2 Earnings
    J C Penney Company Inc (NYSE:JCP ... In addition to the liquidation from the closing stores, comparable-store inventory fell 3.7% year-over-year, which also contributed to the 6.8% decline in total inventory. He also said that almost all of the retailer ...
    08/14/2017 - 2:26 am | View Link
  • J.C. Penney: A Look At Q2 2017 Earnings
    Comparable store sales were improved compared to Q1 at -1.3%, adjusted to -1.1% without the cannibalisation effect from closing stores. Q1 to Q2 improvement was in-line with other department stores. J.C. Penney's boost from regaining old customers ...
    08/14/2017 - 1:12 am | View Link
  • J.C. Penney stock sinks to all-time low
    Penney said its results were hurt by the closing of about 130 stores during the quarter. "We've never liquidated this many stores at one time," said Chief Executive Officer Marvin Ellison, during a conference call Friday. "These events were isolated to the ...
    08/12/2017 - 2:52 am | View Link
  • J.C. Penney hits record low on wider loss, retail gloom
    Penney’s stock fell in morning trading to $3.77, an all-time low for the 115-year-old department store chain, before closing Friday at $3.93, a loss of 78 cents. The stock, which is down 53 percent since the start of the year, has widely underperformed ...
    08/11/2017 - 9:45 am | View Link
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BING SEARCH:
  • J. C. Penney
    Features apparel for men, women, and children, toys, sports equipment, electronics and music, online store, and customer service.
    08/13/2017 - 10:32 am | View Website
  • ir.jcpenney.com
    We would like to show you a description here but the site won’t allow us.
    08/11/2017 - 10:20 am | View Website
  • Is my J.C. Penney closing? Check this list
    A full list of J.C. Penney stores closing in 2017 has been released
    03/17/2017 - 12:10 pm | View Website
  • JCPenney list of stores closing
    JCPenney released a list of stores closing. ... JCPenney has released a list of 138 stores it will close in the next couple of months because of slowing ...
    03/17/2017 - 7:52 am | View Website
  • See if your J.C. Penney store is among 138 closures
    J.C. Penney on Friday released a list of 138 department stores it plans to close as part of a previously announced plan to shrink its footprint as it ...
    03/17/2017 - 6:05 am | View Website
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