JC Penney hits record low on wider loss, retail gloom

Reuters(Reuters) – J.C. Penney Co Inc’s (JCP.N) stock hit a life-low as sweeping store closures and a challenging retail environment drove the embattled department store chain to report a bigger-than-expected quarterly loss and took a toll on comparable sales. ..

JC Penney pushes into toy sales in move away from apparel

Reuters(Reuters) – Department store operator J.C. Penney Co Inc (JCP.N) said it was opening toy shops in all its stores and was planning to have a bigger assortment of toys available in time for the holiday season, as it seeks new avenues of growth amid weak JC Penney to introduce ‘toy shops’ in all stores ..

JC Penney spirals down as retail’s dismal week continues

CBS NewsLast Updated May 12, 2017 10:24 AM EDT. PLANO, Texas – J.C Penney’s (JCP) financial losses doubled in the first quarter, highlighting the downward spiral for many brick-and-mortar retailers. Though the loss wasn’t as bad as many industry analysts had …Breaking down this week’s signs of retail’s big reckoning ..

J.C. Penney joins fellow department stores in retail malaise

The Gazette: Eastern Iowa Breaking News and HeadlinesA woman and child near the entrance to the JC Penney Co. store inside the Roosevelt Field Mall in Garden City, New York, on Nov. 10, 2016. CREDIT: Bloomberg photo by Saul Martinez. By Lindsey Rupp, Bloomberg. May 12, 2017 at 3:18 pm | Print View.Retail Sector’s Disappointing Earnings Results ..

J.C. Penney joins fellow department stores in retail malaise

Miami HeraldJ.C. Penney Co. joined department-store rivals such as Macy’s Inc. and Kohl’s Corp. in reporting disappointing sales for the first quarter, sending its shares down as much as 11 percent Friday. The results confirm that weak sales were a universal The Biggest Loser: Nordstrom Tumbles 11% ..