The retailer also said its rewards program signups rose by nearly 25 percent year-over-year. On the merchandising front, ...
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 essentially ...
JCPenney CEO Jill Soltau said Thursday that the department store chain has a "confusing" pricing strategy and is failing to adequately deliver on some core fundamentals of "good retail." Soltau ...