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.

Topics:  plano   texas thestreet    jcpenney home store   duluth   ga these   jcp   retail   the   j.c penney    j.c penney   jcpenney   click   stores   catalog   close   plans   outlet   wind   business   
  • J.C. Penney (JCP) Q1 2018 Earnings Conference Call Transcript
    In closing, we remain focused in 2018 on improving inventory ... David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and J.C. Penney wasn't one of them! That's right -- they think these 10 stocks are ...
    05/19/2018 - 9:22 am | View Link
  • Why J.C. Penney, NetEase, and Jounce Therapeutics Slumped Today
    Penney suffered a 4% drop in revenue during its first quarter, and even though that came from the closing of almost 140 locations last year, comparable-store sales gains amounted to just 0.2%. Penney's bottom line swung to a loss on an adjusted basis ...
    05/17/2018 - 9:40 am | View Link
  • J.C. Penney's results fall short as sales tanked in a cold April and Wall Street chills
    J.C. Penney started out the year on a bad note ... blaming April's cold temperatures and rare snow in the Midwest and Northeast and the closing of 141 stores last summer and fall. April apparel sales declined drastically after sales increases in February ...
    05/17/2018 - 1:10 am | View Link
  • J.C. Penney Earnings: What to Expect From JCP Stock
    [See: 10 of the Best Cheap Stocks to Buy Under $10.] J.C. Penney management has been combating declining sales and shrinking profits by closing stores, laying off employees and dialing back expenses. The company closed more than 100 stores last year and ...
    05/15/2018 - 3:12 am | View Link
  • J.C. Penney Has an Underappreciated Opportunity: Toys
    Following a successful test during the 2016 holiday season, J.C. Penney (NYSE:JCP) rolled out toy shops in all of its stores in mid-2017. It launched the shops with products from major brands including Hasbro (NASDAQ:HAS) and Mattel (NASDAQ:MAT), and later ...
    05/14/2018 - 9:25 am | View Link
  • More
  • J. C. Penney
    J. C. Penney (stylized as JCPenney) is an American department store chain with 850 locations in 49 U.S. states, and Puerto Rico. In addition to selling conventional merchandise, J. C. Penney stores often house several leased departments such as Sephora, Seattle's Best Coffee, salons, auto center, optical centers, portrait studios, and jewelry ...
    05/18/2018 - 4:01 pm | View Website
  • J.C. Penney's list of closing stores
    J.C. Penney is closing 8 more stores, after shuttering 138 last year
    02/15/2018 - 7:46 am | View Website
  • J.C. Penney is closing 8 stores — here's where they will ...
    J.C. Penney is closing stores in eight states from New Jersey to California.
    02/15/2018 - 5:23 am | View Website
  • J.C. Penney quietly closing another N.J. store after 60 ...
    J.C. Penney's exit coincides with the departure of Best Buy, expected to move off mall property this spring.
    01/26/2018 - 11:23 am | View Website
  • J.C. Penney will start closing sale at Southdale location ...
    J.C. Penney has officially added its Southdale location to the list of stores it is soon closing, raising to nine the number of Minnesota stores that are part of a broader downsizing.
    06/2/2017 - 4:58 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News