Retail News

Penney posts same-store gains, profit loss

The Associated Press/U.S. News & World Report 11/10/2017

J.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.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

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