$JCP News: Macy’s shares plunge 6% as company warns margins might co…

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Macy’s shares dropped 6% following company warning about eroding margins.

$JCP News: Macy’s warning crashes stock, sinks shares of rival retailers

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Macy’s shares fell 8.3 percent, to $21.90. Meanwhile, JCPenney shares were off 4.1 percent, to $4.72, Nordstrom shares declined 3.7 percent, to $40.14, and shares of Kohl’s eased 5.8 percent, to $35.73. Macy’s CFO Karen Hoguet said the company …

$JCP News: J.C. Penney wants a piece of the $6B dorm furnishings market

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That makes Penney’s buy online, pick up near campus approach particularly savvy. "JCPenney has a sophisticated omnichannel network with a variety of convenient shipping options, which can be especially important as students head off to college,” Tighe …

$JCP News: Macy’s Warning Sends Department Store Stocks Sinking

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The chain’s reduced margin outlook is a sign that pressure on retailers has yet to ease up in Q2.