J C Penney Company Inc (JCP.N)
19 Jan 2017
Nov 11 J.C. Penney Co Inc reported a surprise 0.8 percent fall in quarterly comparable-store sales on Friday, reflecting weak traffic, increasing competition from online and off-price retailers and a general shift away from spending on apparel.
* Says no intention of discontinuing relationship with welspun, offering refund on certain Royal Velvet items made by Welspun
* Beginning Oct. 5, will offer refund on Royal Velvet Egyptian Cotton Towels or Royal Velvet Egyptian Cotton Damask Stripe Comforter Set Source text for Eikon: Further company coverage:
Sept 21 J C Penney Company Inc : Source text for Eikon: Further company coverage:
Along with the perennial run on leggings, students returning to America's classrooms this year are making a beeline for retro sneakers, "cold-shoulder" tops, versatile laptops and USB drives.
* CEO Marvin Ellison reports open market purchase of 50,000 shares of co's common stock on August 25 - sec filing
* JCP leverages advantage of existing infrastructure for buy online, ship to store; 1/3 jcp.com orders picked up this way - analyst day
* CEO on conf call - opened 27 new Sephora locations in Q2, plan to open 4 more later this fall
* Q2 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S