Retail News
Penney posts same-store gains, profit loss
The Associated Press/U.S. News & World Report 11/10/2017J.C. Penney posted a surprising 1.7 percent gain in third quarter same-store sales exceeding the expectations of analysts who expected it to be in negative territory. The department store chain did, however, post a loss of $128 million for the period versus a loss of $67 million at the same time last year.
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