Struggling retail department store chain J.C. Penney reported earnings this week for the fourth quarter and the full year ended February 2nd, 2019. According to the company’s press release, “on a shifted basis, which compares the 13 weeks ended Feb. 2, 2019 and Feb. 3, 2018, comparable sales decreased 4.0 %. On an unshifted basis, … Continue reading “J.C. Penney Reports Earnings and Announces More Store Closures”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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