JCPenney boasted about having “one of the lowest debt leverage ratios in the retail industry,” according to a filing by Penney Intermediate Holdings LLC (PIH) reporting the 667-store chain’s ...
JCPenney Cyber Monday 2025 brings major discounts on clothing, home goods and holiday gifts, with promo codes, online deals and limited-time savings available all Monday, ...
JCPenney plans to close nearly 200 stores this year and an additional 50 stores next year as it seeks to use bankruptcy to turn around its business. The iconic retailer has yet to identify which of ...
JCPenney had quite an unexpected Q3: its comparable store sales increased 1.7% — more than double the company’s own 0.6% to 0.8% growth forecast. However, the department store still has a long way to ...
JCPenney slashed its full-year outlook for 2018 after the department store experienced significant net losses and poor revenue growth in Q2, again raising questions of whether the company will ever be ...