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J C Penney Company Inc

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  • Stocks Close Lower On Economic Worries Monday, 17 Dec 2007 | 4:03 PM ET

    Stocks closed lower as fears that inflation was hampering holiday gift-buying combined with wider concerns about the state of the economy.

  • While Wal-Mart Plods Along, Target Stumbles Wednesday, 12 Dec 2007 | 4:34 PM ET

    Last holiday shopping season, Wal-Mart was struggling to get sales on track as lower-income shoppers snubbed its efforts to imitate smaller rival Target by stocking its stores with trendy but cheap products. This year, it's Target that is struggling.

  • So the good news is that I'm not alone. I have only made one Christmas gift purchase so far this season. Yes, budgeting is always a big factor in when purchases are made but honestly, I can't say that I'm waiting to get a better deal. My new retail shopping theory involves a demographic argument: unless you have a kid or tons of little young nieces, nephews, cousins, godchildren, etc., shopping early isn't such a high priority.

  • Retailers Expected to Post Stronger November Sales Monday, 10 Dec 2007 | 12:45 PM ET

    Despite evidence that shoppers are cutting back this holiday season, retailers are expected to report strong improvement in November sales after a weak fall.

  • Sluggish End to November Dims Holiday Outlook Thursday, 6 Dec 2007 | 1:23 PM ET

    Shoppers in November turned out in droves for big bargains on Black Friday, helping retailers to post improved sales growth, but by the end of the month, some retailers, especially those at the mall, saw a slowdown in consumer traffic.

  • Markets "Feeling Good" On Jobs, Mortgage Plan Thursday, 6 Dec 2007 | 12:06 PM ET

    Major indices at their highs for the day. Helping today: Initial jobless claims roughly in line with expectations. Bush/Congress tackles mortgage issues. SIVs less a problem?

  • Retailers Expected to Post Stronger November Sales Wednesday, 5 Dec 2007 | 5:03 PM ET

    Despite evidence that shoppers are cutting back this holiday season, retailers are expected to report strong improvement in November sales after a weak fall.

  • Stores Try Luring Shoppers With Limited-Time Sales Tuesday, 4 Dec 2007 | 3:09 PM ET

    Retailers want to rack up sales now. But consumers are playing the waiting game for bigger discounts closer to Christmas

  • Victoria's Secret

    Post an image of scantily clad supermodels, like I'm doing here, or run a video of the same and you are virtually guaranteed to get air time. CNBC will never get tired of airing stories about Victoria's Secret and its iconic runway show.

  • Consumers Seen Rejecting 'Green Christmas' Trend Thursday, 29 Nov 2007 | 2:40 PM ET

    U.S. retailers may be touting their environmental-friendliness this year, but just about the only "green" in evidence for the holidays is in the usual Christmas decorations.

  • Discounters, Electronics Among Big Winners So Far Monday, 26 Nov 2007 | 1:36 PM ET
    Shoppers look at home theater televisions at the Best Buy store Monday, Sept. 11, 2006 in Richfield, Minn. Best Buy Co. Inc., the nation's largest consumer electronics retailer, said its second-quarter earnings rose 22 percent on a 13 percent increase in revenue. The results beat Wall Street expectations, but Best Buy left its full-year guidance unchanged. (AP Photo/Jim Mone)

    Discounters, department stores and chains that sell electronics and teen fashions lured big crowds over the weekend as the holiday shopping season got off to a strong start.

  • Online Holiday Shopping Season Kicks Off Monday, 26 Nov 2007 | 9:49 AM ET

    Retailers are hoping last week's strong start to the holiday shopping season at malls and stores translates into a busy buying season online, which officially begins Monday. A number of retailers are hosting one-day sales or special offers for the occasion. Internet research firm comScore estimated online sales may exceed $700 million.

  • Retailers Ring Up Strong Start to Holiday Shopping Monday, 26 Nov 2007 | 7:01 AM ET

    The lure of bargains trumped economic concerns at the start of the holiday shopping season. Retailers  logged sales that were up significantly from a year ago.

  • Stocks Rally, Led by Retailers, Financials Friday, 23 Nov 2007 | 2:19 PM ET

    Stocks closed higher in a shortened session as the kickoff to the holiday shopping season lifted retail stocks, while signs of progress in a plan to relieve credit market strain helped major banking stocks.

  • Shoppers Jam Stores, Giving Cheer to Retailers Friday, 23 Nov 2007 | 12:50 PM ET

    Shoppers jammed stores before dawn Friday to grab discounted TVs, toys and clothing for the official start of the holiday season, expected to be the weakest retail showing in five years.

  • Web Deals Kick Off Holiday Shopping Season Thursday, 22 Nov 2007 | 12:36 PM ET

    The U.S. holiday shopping season kicked off Thursday even before the turkey was carved, as retailers, worried that gift buying may slow this year, posted special deals on their Web sites on Thanksgiving day.

  • The Consumer's Last Stand Wednesday, 21 Nov 2007 | 12:31 PM ET

    Everyone has heard predictions of a tapped-out consumer. And though they haven't materialized in the past, this time is likely to be different.

  • Hundreds Of Stocks Hit August Lows: Which Way Is Up? Monday, 19 Nov 2007 | 4:17 PM ET

    Markets at the close ending at the lows again. Fourth 200 point decline in the Dow this month. More than 300 stocks at the NYSE hit new lows today, the highest level since the August lows. Technicals have now become very important, with the S&P slipping below last week's low.

  • The turkey’s not even in the oven, but the annual game of chicken has begun.  Consumers are waiting to see if retailers grow desperate and cut prices deeper than planned.

  • Stocks Weaker On Lowe's Guidance, Citi's Downgrade Monday, 19 Nov 2007 | 9:29 AM ET

    Stocks a bit weaker this morning as Lowe's joins JC Penney, Kohl's, and Ann Taylor in lowering guidance...down 4% pre-open, and Goldman downgrades Citi to a sell, saying it may have to write off $15 billion in debt losses over the next two quarters. With all that has happened to Citi, traders griping this is a little late, down 4% pre-open.