J C Penney Company Inc (NYSE:JCP) will resume mailing catalogs after five years of doing away with it as a means of boosting sales, according to the Wall Street Journal. The new catalogs will be sent to select customers this coming March, with 120 print pages detailing items from the store’s home department. The last…
J C Penney Company Inc (JCP) Targets More Store Closures, Shares Soar Amid Positive Performance Data
The shares of J C Penney Company Inc (NYSE:JCP) jumped in excess of 20 percent after the company announced positive same-store sales and more closures in the line of improvement. One of the recent announcements from the company indicated closure of up to 40 more stores in the country. Joey Thomas, spokesman for J C…
J C Penney Company Inc (JCP)’s Shares Drop 5% After Miserable Same Store Sales Result
The shares of ailing retailer, J C Penney Company Inc (NYSE:JCP), fell 5.28% in the extended trading session after the retailer announced same store sales similar to the previous year period. The company pinned poor sales over the warm season leading to lower sales in September and October. The retailer posted its third quarter 2014…
J C Penney Company Inc (JCP) Planning To Increase Its Operational Efficiency With A New Transfer From The Home Depot, Inc. (HD)
After a whole year of search for the next CEO of the company, J C Penney Company Inc (NYSE:JCP) has named the U.S. business head of The Home Depot, Inc. (NYSE:HD) as its new CEO. The shares of the retailer are having a positive investor sentiment with a 1% increase in its share price at…
J C Penney Company Inc (JCP) Loses Nearly 11% Share Value Post Lower Same-Store Sales Forecast
The shares of the struggling retailer, J C Penney Company Inc (NYSE:JCP), tanked 10.88% after the company announced a lower same-store sales forecast for Q3 2014. The company stated lower sales in September as the primary reason for cutting its sales forecast. After the much awaited analyst day announcements from the retailer, the management announced…