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J.C. Penney sales beat forecasts, helped by home goods and Sephora

2015-11-13 16:42:36| Apparel - Topix.net

REUTERS: J.C. Penney Co Inc reported better-than-expected quarterly net sales and a smaller-than-expected loss, helped by demand for home products and footwear and a strong performance by the growing number of Sephora beauty shops in its stores. But the company's shares fell as much as 11 percent in premarket trading after it maintained its same-store sales forecast for the year despite achieving the biggest gain in quarterly comparable sales in more than nine years.

Tags: home sales goods beat

 

Mango to end JC Penney distribution deal

2015-11-11 16:15:00| Daily apparel & textile news and comment - from just-style.com

Spanish women's fashion chain Mango is set to end its five-year distribution deal with US department store retailer JC Penney next year.

Tags: end distribution deal mango

 
 

JC Penney builds on supply chain worker safety training

2015-11-09 14:08:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer JC Penney has expanded its emphasis on worker safety and training in its supply chain, as it reveals details from its latest corporate social responsibility report. 

Tags: training safety supply chain

 

JC Penney cuts 300 head office jobs

2015-10-26 12:16:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer JC Penney is to axe 300 jobs at its headquarters in Plano, Texas, in a move it says will help the business meet financial targets and improve productivity. 

Tags: office jobs head cuts

 

US Q3 in brief: JC Penney, Nordstrom, Macy's, American Apparel

2015-10-20 16:22:00| Daily apparel & textile news and comment - from just-style.com

In the most recent third-quarter filings from US apparel brands and retailers, Kate Spade & Co returned to profit, while Columbia Sportswear Co, Sequential Brands and Under Armour lifted their full-year guidance. Nordstrom lowered its full-year outlook, JC Penney narrowed its loss, while Macy's and Kohl's posted double-digit earnings declines. 

Tags: american apparel nordstrom penney

 

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