J.C. Penney Co Inc cut its forecast for annual sales on Thursday while also withdrawing its outlook for full-year earnings, adding to nerves over the future of another one of America’s best known retail names.
The department store chain has announced the launch of Peyton and Parker, a new Instagram-inspired cross-category private label, aiming to help “socially connected moms” clothe their families and decorate their homes.
A recent study of teenagers’ conversations by Engagement Labs has found that they are moving away from traditional youth brands such as Abercrombie & Fitch, as Nike continues to cement its position as a Gen-Z favorite.
The Plano, Texas-based department store chain announced on Monday that it has collaborated with the four-time NBA champion on Shaquille O’Neal XLG, a big & tall menswear brand slated to launch this fall.
JCPenney executive vice president and chief customer officer Joseph McFarland has left the company to follow his former CEO and join Lowe's where he will serve as the company's executive vice president of stores.
Retailers including Walmart, Target , Best Buy and Macy's , are making a direct appeal to President Donald Trump not to impose massive tariffs on goods imported from China, in a letter sent to the White House on Monday.
Amazon Prime accounted for half of all holiday sales during 2017, a 38% jump over last year, outpacing total e-commerce sales, up 18% for the season. Amazon also announced it had shipped 5 billion Prime items in 2017.
JCPenney has added smartwatches to its jewelry division across 245 stores, aiming to boost foot traffic. It has also rebranded its jewelry section across all stores and is targeting bridal customers this holiday.