Tags » JC Penney

Relevance-light models are now retail's big problem

So-called “asset-light” business models, where a company has relatively few capital assets compared to the overall size of its operations, have drawn increasing attention (and investor dollars) in recent years. 433 more words

Being Remarkable

J.C. Penney To Shut 130-Plus Stores, Offer Early Retirements

NEW YORK (AP) — J.C. Penney is joining its department store rivals in pruning its store numbers in an era of online shopping.

Penney said Friday that it will close 130 to 140 stores as well as two distribution centers over the next several months as it tries to improve profitability. 718 more words

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Today’s Top 3 Business News Headlines

·         Wall Street Markets Hit 1th Straight Record

·         JC Penney to Close 130-140 Stores

·         Nordstrom’s Sales Not Impacted by Trump Tweets

Business Headlines

JCPenney announces plans to close more than 100 stores

PLANO, Texas (KWQC) – The Department store chain, J.C. Penney, plans to close stores. A lot of them.
The retailer announced Fri. Feb, 24, 2017 that it plans to close from 130 to 140 stores and two distribution centers over the next several months. 195 more words

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J.C. Penney to Close 13 to 14 Percent of Stores

NEW YORK (AP) – J.C. Penney says it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping. 141 more words

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J.C. Penney To Shut 130-Plus Stores, Offer Early Retirements

NEW YORK (AP) — J.C. Penney is joining its department store rivals in pruning its store numbers in an era of online shopping.

Penney said Friday that it will close 130 to 140 stores as well as two distribution centers over the next several months as it tries to improve profitability. 705 more words

News

JCPenney to close up to 140 stores

QUAD CITIES (KWQC) — JCPenney announced plans to close as many as 140 stores in the coming months. Company officials didn’t say how many jobs would be cut, but they said they’ll be offering early retirement to 6,000 full-time employees. 45 more words

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