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J C Penney Company Inc

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  • 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.

  • Holiday Retail Winners and Losers: A Preview Friday, 16 Nov 2007 | 3:27 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)

    Electronics are in, women's clothes are out -- and leather handbags and jewelry are on the fence heading into next week's unofficial start to the 2007 holiday season. U.S. consumers are struggling with soaring fuel and food costs and the falling housing sector.

  • Retailers Showing Q4 A Mixed Bag So Far Friday, 16 Nov 2007 | 9:19 AM ET

    The fourth quarter is now half over, and fourth quarter earnings estimates have been coming down quickly for financials and retailers. Both Kohl's and Ann Taylor lowered their guidance. Ann Taylor noted that "Traffic trends were particularly soft in the month of October," though they improved in November

  • Market Insider/Friday Look Ahead Thursday, 15 Nov 2007 | 11:24 PM ET

    Wall Street has little to look for in terms of economic data Friday, but there could be spillover from Thursday's scaredy-cat markets.

  • Kohl's Posts Lower Profit, Cuts Forecast Thursday, 15 Nov 2007 | 6:11 PM ET

    Kohl's, a mid-priced retailer of apparel and home goods, reported a 14 percent drop in third-quarter profit as sales fell short of analysts' estimates, and cut its earnings forecast for theholiday selling season and full year.

  • Stocks Close Lower On More Credit Worries Thursday, 15 Nov 2007 | 6:08 PM ET

    Stocks closed sharply lower as investors remained skittish about the housing slump's toll on the economy and potential credit losses at big financial services companies.

  • Markets Have No "Leadership" At This Point Thursday, 15 Nov 2007 | 5:02 PM ET

    After the bell, Kohls joined JC Penney and lowered fourth quarter guidance, down 3%. What's wrong with today? No follow-through to Tuesday rally, first. Second, we have now ended at the lows 5 of the last 7 days. Third: no leadership

  • JC Penney Profit Falls 9%; Retailer Lowers Forecast Thursday, 15 Nov 2007 | 2:47 PM ET
    J.C. Penney

    J.C. Penney reported a 9 percent drop in quarterly profit Thursday, saying sales weakened "dramatically" in September and October, and the department store operator slashed its fourth-quarter forecast.

  • Oil, Financials, Retail Key Issues For Markets Thursday, 15 Nov 2007 | 12:27 PM ET

    Here's what we're focusing on throughout the day: Oil took a dive after inventory data showed an unexpected build in supply. Oil was also moving lower earlier after OPEC cut its demand forecast for the fourth quarter Core CPI for October rose 0.2%, in line with expectations. Oil is lower this morning , following comments earlier this week from the IEA. Inventory data was due at 10:30 a.m.