Friday, November 10, 2017

JC Penney Is the Bright Spot for Retail This Week

Image result for jcpenneyJ.C. Penney delivered some encouraging news in the form of rising comparable-stores Friday, reversing four straight quarters of declines and it posted smaller-than-expected loss for the third quarter.

Initiatives to spiff up clothing lines to fuel sales is, "giving us confidence that our overall strategy and transformation is beginning to take hold," said CEO Marvin Ellison in a company release Friday.. . . moreThe Associated PressThe Associated Press

No comments: