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J. C. Penney Company, Inc. News

Can Buying Kohl's Help J.C. Penney Make a Comeback?

Will two struggling department store chains potentially add up to one successful business?

Amazon Forced Retailers to Go Online. Now It’s Taking Over the Empty Space

Amazon is looking to take over the empty brick-and-mortar shops that it forced thousands of retailers to give up in the first place.

Black Friday Online: Tips for Getting the Best Deals in 2020

Having a strategy can help you take advantage of savings. Follow these tips for smoother online Black Friday shopping.

How Brands Are Navigating the Uncertainty of Back-to-School

Amid the pandemic, with the uncertainty of what school will look like in the fall, the once-reliable shopping season has been upended.

J.C. Penney Nears Deal to Emerge From Bankruptcy Protection

J.C. Penney reportedly is close to accepting a $1.75 billion bid from Sycamore Partners that will allow the department store chain to emerge from Chapter 11.

Breaking News

Micron Stock Tumbles On Grim Chip Sector Outlook After Q3 Earnings Beat

"We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets," said CEO Sanjay Mehrotra.

Tesla Q2 Deliveries In Focus Following Record Quarterly Stock Slump, China Shutdowns

Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world's most-valuable carmaker.

Kohl's Stock Plunges As Retailer Scraps Franchise Group Sale Talks

"Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said chairman Peter Boneparth.

General Motors Stock Halted, Edge Higher After Detailing Q2 Chip Shortage Hit To Inventory

GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.