$JCP News: J.C. Penney Stock Surges as Turnaround Plan Shows Results


The department store retailer’s efforts to purge inventory and stores helped push same-store sales in the third quarter far higher than expected

$JCP News: J.C. Penney’s sales surprise Wall St

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The iconic retailer’s quarterly comparable sales rose, and that was more than double what analysts had expected. Fred Katayama reports.

$JCP News: Why Investors Are Loving JC Penney Q3 Earnings

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J.C. Penney posted a larger-than-expected increase in same-store sales, and CEO Marvin Ellison declared that the short-term pain in the quarter will result in long-term gain.

$JCP News: J.C. Penney Shares Are Popping on Surprisingly Strong Sales

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The department store is heading into the holidays with some good momentum.

$JCP News: You Thought Things Couldn’t Get Worse for Sears. They Just Did.

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Retailer could be forced to sell off more than 140 stores as sales plunge.

$JCP News: As Sears Goes Downhill, J.C. Penney Has a Huge Opportunity in Appliances

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J.C. Penney is in prime position to profit from Sears’ downsizing and potential demise, due to the significant geographic overlap between the two chains.

$JCP News: Sears Is Already Dead

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The slowly dying department store retailer drops another dose of bad news onto the heads of beaten up investors. One thing is becoming clear: 2018 will be brutal for the company.