Former JC Penney CEO Allen Questrom explains why Michael Kors' stock has dropped so much and why it's an industry-wide problem.» Read More
Jim Lebenthal, current leader of the Halftime Report Portfolio competition, will answer all your market questions Wednesday in a CNBC Pro live webinar.
Here are 12 of the most infamous missteps that caused some companies to fail or overhaul their strategies. A lot can be learned from them.
CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue.
Penney, Macy's, Nordstrom and other department stores are accelerating their discounts ahead of the early Easter holiday.
The "Halftime Report" traders delivered their trades for the second half of the day.
Rents and occupancy rates at malls are outrunning those in the overall sector.
Attending these services could help you climb the economic ladder, NBC News reports.
Mobile remains the top priority for retailers, but it comes with a major caveat.
From retail to restaurants, businesses have to be careful not to expand too much.
Jim Lebenthal, the current leader of the Fast Money Halftime Report Portfolio competition, sold a retailer and purchased an oil giant
NEW YORK, Feb 27- The S&P 500 posted its best monthly gain since October 2011 on Friday, but U.S. stocks ended lower for the day as U.S. economic growth slowed more sharply than initially thought in the fourth quarter. The S&P 500 gained 5.5 percent for the month, while the Nasdaq rose 7.1 percent, its best monthly performance since January 2012. That maybe set a tone for...
U.S. stocks posted gains of 5 percent or more in February, despite closing modestly lower on the last trading day of the month on Friday.
NEW YORK, Feb 27- U.S. stocks dipped Friday afternoon as data showed U.S. economic growth slowed more sharply than initially thought in the fourth quarter, though the Dow and S&P 500 were on track for their best monthly performance since October 2011. "That maybe set a tone for the market that wasn't wildly ebullient," said Mark Luschini, chief investment strategist...
*J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stocks were little changed on Friday, as a mixed batch of economic data provided investors with little incentive to push equities to new records. I would argue it is still on solid footing, it is just we are in a bit of an ebb and the market is kind of ebbing with it a little bit, "said Bill Stone, chief investment...
CNBC's Jim Cramer said Friday J.C. Penney's management should start taking responsibility for recent mishaps.
*J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stocks held near the unchanged mark shortly after the open on Friday, following data on economic growth and ahead of a report on consumer sentiment. said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.
Some of the names on the move ahead of the open.
*J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stock index futures were little changed on Friday, with major indexes on track for a fourth week of gains, ahead of readings on economic growth and consumer sentiment. *Later in the session at 10:00 a.m., the University of Michigan's final February reading on consumer sentiment is expected, along with pending...
Feb 26- Shares of department store chain J.C. Penney Co Inc tumbled 12 percent in after-hours trade on Thursday after it posted a surprise quarterly loss and forecast small margin improvements this year. J.C. Penney said sales at stores open more than a year rose 4.4 percent in the holiday quarter, the high end of its guidance for 3.5 to 4.5 percent growth, driven by...
Feb 26- Department store chain J.C. Penney Co Inc reported a lower-than-expected quarterly adjusted profit as it discounted more during the holiday season and invested in store expansions. J.C. Penney posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share, a year earlier.