10 Updates

Sales are back at J.C. Penney

Source: The Washington Post, Nov 23 2012, 5:57pm CST

In January, J.C. Penney made a radical announcement: No more sales. Eleven months later, in an effort to lure Black Friday shoppers, the beleaguered company held its first sale of the year. “It is very much in jeopardy,” Brian S ...

Continue reading on: The Washington Post

 
 
Update
10

1 hour ago

Retailers highlight convenience, service to fight ‘showrooming’

Source: Pittsburgh Entertainment  |   May 21 2013, 7:23pm CDT

Matt Norcross has been selling books for two decades, but lately he must contend with readers who go to his Petoskey, Mich., shop to see and touch the printed works he offers, only to buy them later from Amazon.com at a savings. Even if he offer ...

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Update
9

2 hours ago

Penney Holds Real Value

Source: Wall Street Journal  |   May 21 2013, 6:33pm CDT

By Maura Webber Sadovi With over 1,000 stores across the U.S. and Puerto Rico, retailer J.C. Penney Co. has long been viewed as a possible real-estate play. That idea is taking on new significance this week as Penney is expected to complete on Wednesd ...

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Update
8

25 weeks ago


Quote:
"I used to shop here when my kids were little, and then I moved on"


Source: The Washington Post

 

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Update
7

5 hours ago

Fitch: J.C. Penney's Term Loan Upsize Has No Impact on Ratings

Source: Business Wire  |   May 21 2013, 3:43pm CDT

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has made no changes to its ratings on J.C. Penney Corporation, Inc. (J.C. Penney) following the company's announcement that it has upsized its new five-year senio ...

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Update
6

5 hours ago

Jc Penny

Source: OpPapers.com  |   May 21 2013, 3:30pm CDT

| JC Penney was once a fashion icon to children, young adults, and teens. Beginning in 1913 it currently operates over 1000 stores. Growing up my sister and I waited to go through their catalogue. We would circle everything we wanted. We would even ...

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Update
5

5 hours ago

Can Listening to Consumers Turn J.C. Penney Around?

Source: Wall Street Cheat Sheet  |   May 21 2013, 3:25pm CDT

Maxim Group’s latest move — an upgrade of its J.C. Penney (NYSE:JCP) stock from Hold to Buy and an increase in its price target to $27 from $16.50 — shows that the firm isn’t ready to give up on the company just yet. Despite a ...

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Update
4

7 hours ago

J.C. Penney (JCP) to Reduce Rate on $2.25B Term Loan - Bloomberg

Source: Street Insider  |   May 21 2013, 1:07pm CDT

J.C. Penney (NYSE: JCP Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW *NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here R ...

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Update
3

9 hours ago

This Speculative Retailer May Pay Off in the End

Source: Motley Fool  |   May 21 2013, 11:30am CDT

Matthew is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. I honestly don’t know what to think about Sears Holding (NASDAQ: SHLD), or why people would still invest in it. ...

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Update
2

10 hours ago

Back-to-school tax holiday includes computers

Source: Palm Beach Post  |   May 21 2013, 10:39am CDT

The back-to-school sales holiday in August includes a tax break on personal computers and tablets, a first for the shopping incentive. Gov. Rick Scott signed off on the budget Monday, bringing back the popular sales tax holiday just before school st ...

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Update
1

10 hours ago

S&P cuts rating on JC Penney term loan

Source: San Antonio Express  |   May 21 2013, 10:31am CDT

NEW YORK (AP) — Standard ...

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