Retail News

J. Jill’s share price plummets on negative outlook

The Boston Globe 10/12/2017

In August, executives at J. Jill said they expected same-store sales to grow in the high single digits for the year. Now, the company is saying that its comp numbers will decline three to five percent. The market reacted harshly to the news, cutting the retailer’s share price in half to below $5, its lowest point since the company’s initial public offering in March.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!