13 ноября, 18:54

JC Penney (JCP) Q3 Loss Narrower than Expected, Comps Gain

Best performing divisions like home, Sephora, footwear and handbags as well as salon outpace J. C. Penney's (JCP) total comps in third-quarter fiscal 2017.

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10 ноября, 17:33

JC Penney stock jumps 34% at open, putting on track for biggest weekly gain ever

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10 ноября, 15:34

JC Penney shares surge 11% premarket

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10 ноября, 15:34

JC Penney now sees FY17 adj. EPS 2 cents to 8 cents

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10 ноября, 15:33

JC Penney now sees FY17 same-store sales down 1% to flat

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10 ноября, 15:33

JC Penney Q3 same-store sales up 1.7%; FactSet consensus up 0.6%

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10 ноября, 15:32

JC Penney Q3 sales $2.81 bln, down 1.8%; FactSet consensus $2.77 bln

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10 ноября, 15:32

JC Penney Q3 adj. loss per share 33 cents; FactSet consensus loss 42 cents

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10 ноября, 15:31

JC Penney Q3 loss per share 41 cents vs. loss 22 cents

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05 ноября, 15:11

After 2-Year Tenure, JC Penney CEO Marvin Ellison Needs to Leave

The stocks of large, traditional retailers have been in decline for over two years. Almost none have fallen as hard as J.C. Penney Co. Inc. (NYSE: JCP) with its share price off 70% to $2.37. CEO Marvin ...

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30 октября, 20:50

JC Penney (JCP) Plunges on View Cut, Drags Other Retailers

Shares of J. C. Penney (JCP) plummeted after the company trimmed full-year guidance. Following the news, investors pressed the panic button that took a toll on other retail stocks.

30 октября, 20:15

Macy's Downgrade, JC Penney's Guidance Prompt Industry-Wide Selloff

Shares of several major U.S. department store chains plummeted on Monday after a Citigroup (C) analyst downgraded Macy's (M), and JC Penney (JCP) lowered its third-quarter earnings guidance.

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27 октября, 16:21

JC Penney shares slump after outlook cut

The US store chain's shares close 14.7% down after it says 2017 sales will now be no higher than last year's.

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03 октября, 16:28

Investors build contrarian bets on US bricks-and-mortar retailers

A handful of funds see value in depressed US retail stocks including Macy’s and JC Penney

02 октября, 20:22

Reis: Mall Vacancy Rate increased in Q3 2017

Reis reported that the vacancy rate for regional malls was 8.3% in Q3 2017, up from 8.1% in Q2, and up from 7.8% in Q3 2016. This is down from a cycle peak of 9.4% in Q3 2011.For Neighborhood and Community malls (strip malls), the vacancy rate was 10.0% in Q3, unhanged from 10.0% in Q2, and up from 9.9% in Q3 2016. For strip malls, the vacancy rate peaked at 11.1% in Q3 2011.Comments from Reis Economist Barbara Byrne Denham: The increase in the Mall vacancy rate was due to confirmed closings of JC Penney and Sears stores. This only increased vacancy by 0.2% to 8.3%. Since the third quarter of 2016, the mall vacancy rate has increased 50 basis points from 7.8% which was the lowest since 2008. Rents increased only 0.2% as most owners kept rents flat.The [strip mall] retail statistics continued to defy the otherwise negative reports of store closures, posting positive net absorption (occupancy growth) in the quarter and holding vacancy at 10.0%. Asking rents increased 0.4%, low by any standard but still positive and contrary to the sentiment expressed in the media.New construction of 1.6 million square feet was the lowest level of completions since 2014. Net absorption was 578,000 square feet, the lowest since 2010 and the second quarter in a row of less than 1.0 million square feet occupancy growth. The underlying data shows that absorption was positive in July and August but negative in September as a number of stores in the Reis survey pool closed in the month. emphasis added Click on graph for larger image.This graph shows the strip mall vacancy rate starting in 1980 (prior to 2000 the data is annual). The regional mall data starts in 2000. Back in the '80s, there was overbuilding in the mall sector even as the vacancy rate was rising. This was due to the very loose commercial lending that led to the S&L crisis. In the mid-'00s, mall investment picked up as mall builders followed the "roof tops" of the residential boom (more loose lending). This led to the vacancy rate moving higher even before the recession started. Then there was a sharp increase in the vacancy rate during the recession and financial crisis.Recently both the strip mall and regional mall vacancy rates have increased from an already elevated level.Mall vacancy data courtesy of Reis.

26 сентября, 14:15

JC Penney Plans to Hire 40,000 Staff for Holiday Season Rush

JC Penney's seasonal hiring for this year is almost same as that of previous year.

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20 сентября, 22:01

At $8.5 Billion, Shopping App 'Wish' Is Now Worth More Than Sears, Macy's And JC Penney Combined

The app selling super-cheap goods from Chinese manufacturers is raising more money in its audacious challenge to Amazon and Alibaba.