Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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Financial Markets
JC Penney Reports Smaller Loss in 2Q as Sales Improve
JC Penney reported a smaller loss in the second quarter as the department store operator's sales improved, fuelled by such moves as bringing back appliances and refreshing other areas of the store.
JC Penney Reports Smaller Loss in 2Q as Sales Improve
JC Penney reported a smaller loss in the second quarter as the department store operator's sales improved, fuelled by such moves as bringing back appliances and refreshing other areas of the store.
Financial Markets
J.C. Penney Revenue Misses Estimates, Extending Retail Woes
J.C. Penney Co. posted first-quarter revenue that trailed analysts’ estimates, becoming the latest US retailer affected by a consumer malaise that’s weighing on department-store sales.
J.C. Penney Revenue Misses Estimates, Extending Retail Woes
J.C. Penney Co. posted first-quarter revenue that trailed analysts’ estimates, becoming the latest US retailer affected by a consumer malaise that’s weighing on department-store sales.
Financial Markets
J.C. Penney Looking at Sale-Leaseback Deal for Texas Headquarters
Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs.
J.C. Penney Looking at Sale-Leaseback Deal for Texas Headquarters
Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs.
Financial Markets
J.C. Penney Posts Smaller Loss as Sephora, Menswear Drive Sales
J.C. Penney Co. posted a second-quarter loss that was smaller than analysts estimated as sales of men’s clothing and Sephora cosmetics boosted sales.
J.C. Penney Posts Smaller Loss as Sephora, Menswear Drive Sales
J.C. Penney Co. posted a second-quarter loss that was smaller than analysts estimated as sales of men’s clothing and Sephora cosmetics boosted sales.
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Financial Markets
J.C. Penney Results Raise Concerns About Comeback
J.C. Penney Co. shares tumbled the most in six months after first-quarter sales growth trailed analysts’ estimates, raising doubts about the department store chain’s attempted turnaround.
J.C. Penney Results Raise Concerns About Comeback
J.C. Penney Co. shares tumbled the most in six months after first-quarter sales growth trailed analysts’ estimates, raising doubts about the department store chain’s attempted turnaround.
Financial Markets
J.C. Penney Posts Quarterly Loss After Holiday Discounting
J.C. Penney Co., the department-store chain in the midst of a turnaround, swung to a loss in the fourth quarter, amid increased discounting during the holiday season. The shares fell.
J.C. Penney Posts Quarterly Loss After Holiday Discounting
J.C. Penney Co., the department-store chain in the midst of a turnaround, swung to a loss in the fourth quarter, amid increased discounting during the holiday season. The shares fell.
Retail
Big Box Retailer Pounces on J.C. Penney’s Closed Stores
When J.C. Penney Co. announced this month that it would shut 40 US stores, At Home Group Inc. saw an opening. Executives at the retail chain called J.C. Penney within a few hours to express interest in buying some of them.
Big Box Retailer Pounces on J.C. Penney’s Closed Stores
When J.C. Penney Co. announced this month that it would shut 40 US stores, At Home Group Inc. saw an opening. Executives at the retail chain called J.C. Penney within a few hours to express interest in buying some of them.
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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.