J.C. Penney’s Q3 net sales fell 8% to $1.4 billion, according to financial filings Monday. With credit card income up nearly 33%, total revenue fell 6.2% to $1.5 billion. Gross margin was ...
JCPenney's operations turned profitable in the third quarter, despite a dip in sales volume. In financial filings this week, Penney's cited progress cutting costs as well as building momentum from ...
As the holiday shopping season drew near, JCPenney saw some healthy trends in its operations and customer gains — even in the face of continuing challenges with sales. The Plano-based retailer ...
JCPenney’s operations turned profitable in the third quarter, despite a dip in sales volume. In financial filings this week, Penney’s cited progress cutting costs as well as building momentum from its ...
We look forward to continuing to deliver original, thought-provoking stories like this one to our readers in 2025. JCPenney CIO Sharmeelee Bala revealed the critical role that the retailer’s valuable ...