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J.C. Penney remains profitable, could open new stores
Retail Dive via Yahoo Finance· 3 weeks agoHoliday and full-year sales fell, and net income plunged. But the CEO of one of the retailer’s...
Macy’s and J.C. Penney have two very different real estate strategies
Retail Dive via Yahoo Finance· 2 weeks agoOne has a downsizing plan that includes profitable stores. The other plans to keep — and possibly...
J.C. Penney Q3 sales decline, loss widens
Retail Dive via Yahoo Finance· 5 months agoDive Brief: J.C. Penney Q3 net sales fell 10.7% year over year to $1.5 billion. Due to declining late fees, cyclical rising losses, and higher program...
Former gas station owner and J.C. Penney manager who became a millionaire after 50 dies at 94,...
Fortune via Yahoo Finance· 4 months agoBob Moore refused to sell Bob's Red Mill despite lucrative offers. "They thought I was just a...
This Beaten-Down Stock Is Searching for a Lifeline. Has It Already Missed the Boat?
Motley Fool· 2 years agoRampant inflation continues to erase the limited recovery retailers made after the pandemic...
Simon Property Group reduces stake in Forever 21 operator Sparc
Retail Dive via Yahoo Finance· 7 months agoDive Brief: Simon Property Group has reduced its stake in Sparc Group — a 50-50 venture with...
Target said it's lost $400 million this year due to 'inventory shrink' — and organized retail crime...
Business Insider via Yahoo News· 2 years agoBill Sikes/AP Target said organized retail crime has led to more than $400 million in profit losses...
Lowe's Has Underperformed Rival Home Depot in 1 Key Metric for 15 Years. But It's Quickly Closing...
Motley Fool via Yahoo Finance· 4 months agoHome-improvement retailers Lowe's (NYSE: LOW) and The Home Depot are alike in many regards. However,...
This Stock Is a 132-Bagger Since 2009, With No Revenue Growth. Here's How.
Motley Fool· 11 months agoMost investors avoid department store stocks like the plague. Department stores have been losing...
Joann files for bankruptcy amid consumer pullback and higher costs
CBS News via Yahoo Finance· 2 months agoFabric and crafts retailer Joann declared bankruptcy on Monday amid spending cutbacks from consumers...