J.C. Penney posts loss, sales tumble, cuts dividend
J.C. Penney Co Inc's attempt to remake itself as fashion-oriented chain and wean costumers off of coupons took a bigger toll on sales than expected in the first quarter.
J.C. Penney Co Inc's attempt to remake itself as fashion-oriented chain and wean costumers off of coupons took a bigger toll on sales than expected in the first quarter.
The price of cotton fell to 77.16 cents last weekend as a result of an expected rise in American production and world stockpiles reaching a historic high.
A growing number of people are attracted to a career in horology as Swiss watch firms vie to meet buoyant Asian demand and to fill the hole left when industry heavyweight Swatch decided...
British fashion label Paul Smith said Tuesday it was planning to open 24 stores in China over the next five years in its second attempt at tapping the country's booming luxury market.
It had been the American brand’s dream for so long. And now it’s become reality: Levi’s opened last week its flagship store on the Champs Elysées in Paris.
Saks Inc cautioned on Tuesday that gross margin will fall in the current quarter as it increases price cuts to clear inventory in areas like designer women's clothing, where sales disappointed during the period.
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