US retailers are taking desperate measures to spark holiday sales in the face of what promises to be another troubled year-end shopping season. ...
Bio Box: J.C. Penney CEO Mike Ullman talks about managing through the recession NAME: Myron E. Ullman III, known as Mike OCCUPATION: Chairman ...
NEW YORK (Reuters) - U.S. stocks rose in light volume on Friday to achieve a second straight week of gains as upbeat retail news reinforced hopes for strong sales in the key holiday season Consumer shares led the way, following results from ...
NEW YORK (Reuters) - U.S. department store operator J.C. Penney Co Inc <JCP.N> forecast earnings for the holiday quarter that could surpass Wall Street expectations, and its shares rose 7.2 percent on Friday. Penney also reported a third-quarter profit that met Wall ...
In this photo made Tuesday, Sept. 1, 2009, a customer leaves a J.C. Penney store in Tallahassee, Fla. J.C. J.C. Penney Co. is reporting a 78 percent drop in its third-quarter earnings Friday, Nov. 13, 2009, because of a big expense to ...
Calendar of major business events scheduled for Friday Major business events and economic events scheduled for Friday: WASHINGTON — Commerce Department releases international trade for September, 8:30 a.m. SINGAPORE — President Obama arrives in Singapore for the Asia-Pacific Economic Cooperation summit. BRUSSELS ...
J.C. Penney expected to report lower 3rd-qtr profit on Friday than for last year Department-store operator J.C. Penney Co. reports earnings for the third quarter on Friday before the market opens. The following is a summary of key developments and analyst opinion ...
NEW YORK (Reuters) - U.S. retailers are poised to defy gloom this week as earnings expectations have improved, but the big test will be what they say about holiday shopping. Earnings estimates for Standard & Poor's 500 retailers have headed higher in ...
NEW YORK (Reuters) - More than half of U.S. retail chains posted October sales that fell short of Wall Street's heightened expectations, raising doubts about a widespread recovery for the holiday season. Department store chains and teen retailers in particular disappointed investor ...
The big list: October results at 30 major retailers How October sales at 30 chains compared with October 2008: _ Discount stores BJ's Wholesale Club Inc. -1.1 pct Costco Wholesale Corp. 5 pct Target Corp. -0.1 pct ___ _ Drugstores Rite Aid ...
J.C. Penney Oct. sales comparison falls 4.5 percent; co. raises 3rd-qtr profit forecast J.C. Penney Co. Inc. on Thursday said sales at stores open at least a year fell 4.5 percent in October, hurt in part by Halloween landing on Saturday. Shares ...
In this Friday, Oct. 23, 2009 photo, shoppers visit a J.C. Penney store in New York. (AP Photo/Mark Lennihan) Copyright 2009 AP News
