Mall REITs Simon and Brookfield acquired J.C. Penney ... It comes as Penney continues to struggle. In its most recent quarter, the department store’s loss narrowed, but net sales tumbled 8% ...
This new path comes after several attempts by JCPenney to reinvent itself over the past decades. While once seen as a top player, its sales have been eroded by online retailers, younger brands and ...
Value variety retailer B&M has recorded a rise in profit and sales following “disciplined operational execution” over the golden quarter trading period. Food-to-go retailer Greggs has reported it has ...
The deal involves additional moving pieces: Catalyst Brands has sold the U.S. operations of Reebok and is exploring a sale for Forever 21. Before joining JC Penney in 2021, Rosen had been ...
JCPenney helps diverse ... The chain would see store closures and an inability to get back to earlier sales levels. “Catalyst Brands brings together the rich heritage of six unique brands ...
JCPenney’s marketing of late has put a heavy emphasis on value as it sharpens its focus on working families. In September, the company brought back “Really Big Deal Reveals,” an effort that runs ...