Sales for the quarter ended Aug. 3 fell 8.9% to $1.5 billion, according to a filing from JCPenney Intermediate Holdings LLC, the retailer’s holding company. Same-store sales down 7.7%. Operating loss ...
The department store chain started offering major ... the top retailer of home appliances but has seen its sales declining for years. JCPenney will is also going up against Amazon.com, Home ...
JCPenney leans on its partnership with Sephora to drive foot traffic to its stores and boost sales, but analysts say the favor is not being reciprocated as these mall-based locations weigh on ...