J.C. Penney swung to a loss in its latest quarter on restructuring costs and a 20% drop in sales. Its shares fell sharply, as the retailer also suspended its dividend.
J.c. Penney Posts Loss; Stock Slumps
WSJ.com: What's News US, Wall Street Journal
Tue, 05/15/2012 - 7:59pm
BING NEWS:
- J.C. Penney launches new plan to save customers up to $500 million
One of the biggest puzzles in modern retail has been trying to figure out how to attract formerly invigorated shoppers back through the doors (whether physical or virtual) of legacy mall retailers.
04/20/2024 - 1:30 am | View Link - J.C. Penney shutters 50-year-old anchor, moves across the street
J.C. Penney has opened a new store in the Willowbrook Mall in Wayne, New Jersey, in the space formerly occupied by Lord & Taylor, which closed it in 2020 after that department store filed for ...
04/8/2024 - 1:00 pm | View Link - J.C. Penney
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