PLANO, Texas (AP) — Losses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses. Same store sales tumbled 5.5% and shares fell by.

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J.C. Penney did not break down how shoppers utilized in-store pickup for online orders during the holiday season, but on Friday CEO Marvin Ellison, announced in a statement the retailer is "encouraged by a very strong performance in our e-commerce business, evidenced by double-digit growth.

J.C. Penney Co. (JCP – Get Report) shares fell 11% on Thursday, May 17, after it posted first-quarter earnings that were lower than expected and issued an outlook that came in below forecast. The.

J.C. Penney shares hit new all-time low its profit plummets. A new all time low after Penney had to slash prices on its clothing. J.C. Penney Shares Fall 25% as More Bad News Pours In

Stock analysis for JC Penney Co Inc (JCP:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

PLANO, Texas (AP) – Losses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses. Same store sales tumbled 5.5% and shares fell by about as much Tuesday. The company on Tuesday reported a loss of $154 million in its first quarter, or 48 cents per [.]

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Breaking JC Penney News – get the latest from the Dallas News. Read it here first.. Continue reading J.C. Penney and Macy’s question tariff effects on families: ‘It’s hard enough for new parents’

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After a successful stint at Target, when Ron Johnson led Apple’s retail efforts from 2000 to 2011, it seemed that he could do no wrong. But the winning streak came to a well-publicized end during his two years at JCP, when everything he tried seemed to backfire. Sales last year fell by 25%