J.C. Penney Says Same-Store Holiday Sales Down From 2016

J.C. Penney Says Same-Store Holiday Sales Down From 2016

J.C. Penney said year-over-year sales during the holiday period were down, continuing a very bad week for some of the biggest department store chains in the US. Sales in the nine-week November-December holiday timeframe were down 0.8% from 2015, the company said on Friday. The company still reaffirmed its full-year earnings, before items, target of $1 billion for fiscal 2016. Chief Executive Marvin Ellison said the decline mostly came in […]

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