*Loss-making retailer to exit Russia. *Russia slowdown weighs on Finnish economy, companies. HELSINKI, Nov 27- Loss-making Finnish retailer Stockmann is pulling out of Russia by selling its seven department stores there to a local franchisee of Britain's Debenhams for 5 million euros, it said on Friday.» Read More
Department store chain J.C. Penney becomes "just another retailer" after third-quarter earnings, CNBC's Jim Cramer said.
JC Penny saw its stock price jump Friday after a Wall Street analyst upgraded his sales outlook for the long struggling department store.
JC Penney shares tumbled to their lowest in nearly 13 years after a Goldman Sachs report projected slow sales and liquidity trouble.
If you have followed the J.C. Penney's media soap opera, you know the "Bill Ackman TV trade" is a losing one, said retail analyst Stacey Widlitz.
Investors will be scanning retail earnings reports, due out over the next few weeks, for the lessons they hold about the back-to-school shopping season, the second-busiest retail period.
Despite signs the consumer may be starting to pull back, discount stores and home retailers remain attractive investment opportunities, says one analyst.
Is the worst finally over for beleaguered department store JC Penney?
Online shopping offers a safe and comfortable respite from unruly crowds, but many people who have gifts shipped to them have the packages left at their doorsteps, and these parcels prove irresistible to thieves.
How remodeling has helped boost these companies’ bottom line.