J.C. Penney Second-quarter Same-store Sales Fall 11.9 Percent

Now watching

Next video starts in : 7 Play

J.C. Penney Second-quarter Same-store Sales Fall 11.9 Percent

J.C. Penney Second-quarter Same-store Sales Fall 11.9 Percent
Replay video
Up next

Sin City Saints Episode 1: The Fool Monty

Unlock your personal NFL Now stream by signing in to NFL.com

J.C. Penney Second-quarter Same-store Sales Fall 11.9 Percent

by Wochit 0:57 mins

J.C. Penney Second-quarter Same-store Sales Fall 11.9 Percent

by Wochit 0:57 mins

J.C. Penney Company Incorporated reported sales at stores open at least a year fell 11.9 percent in the second quarter, during which it reverted to a promotions-heavy strategy to try to halt a sharp sales decline. Linda Hudson, chief executive of the U.S. unit of Britain's BAE Systems PLC , will retire early next year. Barnes & Noble founder Leonard Riggio's decision not to buy the bookseller, raises further questions about the company's future amid its previously announced plans to stop making its Nook line of tablets. Shares in emerging economies fell again as investors braced for the phasing out of an American central bank stimulus program that has shored up markets for the past few years.

Must Watch

Must Watch

  1. 22:03

    Sin City Saints Episode 1: The Fool Monty

  2. 23:15

    Sin City Saints Episode 2: Smoke and Mirrors

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. Rave of Thrones at Exchange LA

  5. 1:23

    Ed Sheeran Surprises Couple and Becomes the Best Wedding Singer of All Time

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 0:29

    Watch a Sneak Peek of Community Episode 4

  5. 2:01

    Sin City Saints: Official Trailer