Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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News & Analysis
J.C. Penney Says Macy's Lawsuit Unlikely to Impact Results
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
J.C. Penney Says Macy's Lawsuit Unlikely to Impact Results
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
News & Analysis
J.C. Penney Ends Monthly Sales Reports as Turnaround Gains Steam
NEW YORK, United States — J.C. Penney Co., which began reporting monthly sales figures last year to shine light on its turnaround effort, will
J.C. Penney Ends Monthly Sales Reports as Turnaround Gains Steam
NEW YORK, United States — J.C. Penney Co., which began reporting monthly sales figures last year to shine light on its turnaround effort, will
News & Analysis
J.C. Penney Narrows Martha Stewart Deal While Losing Board Seat
NEW YORK, United States — J.C. Penney Co. amended its agreement with Martha Stewart Living Omnimedia Inc. to a narrower range of products and said it
J.C. Penney Narrows Martha Stewart Deal While Losing Board Seat
NEW YORK, United States — J.C. Penney Co. amended its agreement with Martha Stewart Living Omnimedia Inc. to a narrower range of products and said it
News & Analysis
JC Penney Names Saks CEO Sadove as a Director
PLANO, United States — J.C. Penney said Wednesday that Saks Chairman and CEO Stephen Sadove is joining its board of directors.
JC Penney Names Saks CEO Sadove as a Director
PLANO, United States — J.C. Penney said Wednesday that Saks Chairman and CEO Stephen Sadove is joining its board of directors.
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News & Analysis
JC Penney Seeks to Sell as Many as 97 Million Shares
"Struggling department store company J.C. Penney Co Inc (JCP.N) said on Thursday it had begun a public offering of up to 96.6 million shares, a move
JC Penney Seeks to Sell as Many as 97 Million Shares
"Struggling department store company J.C. Penney Co Inc (JCP.N) said on Thursday it had begun a public offering of up to 96.6 million shares, a move
News & Analysis
What's Not Hot This Holiday Season? J.C. Penney
"Goldman Sachs (GS) is pitching a new investment idea to clients this week: Bet on J.C. Penney (JCP) going under. In a new research note, the
What's Not Hot This Holiday Season? J.C. Penney
"Goldman Sachs (GS) is pitching a new investment idea to clients this week: Bet on J.C. Penney (JCP) going under. In a new research note, the
News & Analysis
J.C. Penney Shares Plunge to New Lows
NEW YORK, United States — J.C. Penney shares are trading at their lowest level in nearly 13 years as the department stores' woes appear to be
J.C. Penney Shares Plunge to New Lows
NEW YORK, United States — J.C. Penney shares are trading at their lowest level in nearly 13 years as the department stores' woes appear to be
News & Analysis
Ackman Resigns from JC Penney Board
PLANO, United States — William Ackman has resigned from J.C. Penney Co.'s board as part of a deal to resolve an unusually public battle between the
Ackman Resigns from JC Penney Board
PLANO, United States — William Ackman has resigned from J.C. Penney Co.'s board as part of a deal to resolve an unusually public battle between the
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The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.