1. Stores & Formats

J.C. Penney Q3 sales decline, loss widens

Written by Posted on Less than 0 min read

​[[“value”:”

Dive Brief

The department store said the $1 billion turnaround announced earlier this year has already boosted traffic and loyalty, but is it bold enough?

Published Dec. 21, 2023

A mall store with a "JC Penney" banner in white letters on a wood-paneled background.

A J.C. Penney mall anchor. The department store is now owned by two landlords, Simon Property Group and Brookfield.

Daphne Howland/Retail Dive

“]] 

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Channel: Mass

Walmart made over 6,000 drone deliveries in 2022

While the retailer seeks to eventually deliver 1 million packages by drone annually, an executive said it’s encouraged by the initial response. View Original Article Executives Walmart RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Channel: Home Improvement

Home Depot creates content hub for new homeowners

​The New Homeowners Hub offers do-it-yourself guides and other resources on skills like changing light fixtures and replacing garbage disposals.  Millennials report home maintenance (74%) and home improvement (68%) projects are the most stressful aspects of homeownership; site created to help ATLANTA, Aug. 23, 2023 /PRNewswire/ — The Home Depot® launched a New Homeowners Hub to equip the next generation […]
3 min read
0
  1. Stores & Formats

How to overcome 5 retail industry challenges

Discover tips and tricks to help you tackle some of the top HR pain points for stores and wholesale businesses. View Original Article Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Stores & Formats

FitFlop opens first US store

The U.K.-based footwear brand, which recently secured $30 million, has turned to New York City’s SoHo neighborhood for its first U.S. location. View Original Article Store Location Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. […]
< 1 min read
0
  1. Operations & Supply Chain

The Home Depot leans on distribution centers to deliver pro orders

Not shipping from stores helps reduce the amount of time associates have to spend picking, packing and staging items, Senior EVP Ann-Marie Campbell said. View Original Article Associates Brick and Mortar Delivery Executives Home Depot Operations & Supply Chain RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and […]
< 1 min read
0
  1. Channel: Dollar/Value

Dollar General set to open nearly 1K new stores despite profit, margin declines

​The discounter is grappling with bloated inventories, which analysts say are contributing to shrink and impeding store operations.  View Original Article Brick and Mortar Dollar General Operations & Supply Chain RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
  1. Corporate Strategy

Stanley Brand president to lead Heydude

Terence Reilly, who ushered the more than a century-old brand to viral success, is rejoining Crocs Inc., where he previously served as chief marketing officer. View Original Article Editor's Choice Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Corporate Strategy

Guess taps Hugo Boss alum for CFO seat

The appointment of Markus Neubrand, a former CFO of Hugo Boss Americas, follows a “rigorous” search process, Guess CEO Carlos Alberini said. View Original Article Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Corporate Finance

The rapid rise of buy now, pay later

Despite regulatory uncertainties, BNPL won’t disappear anytime soon, writes Kendrick Sands, head of consumer finance research at Euromonitor International. View Original Article BNPL Consumers International Results & Investment Technology & Innovation Trends: Finance RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

FullBeauty Brands acquires plus marketplace Dia & Co.

Within the past year the company also purchased Eloquii and Cuup, expanding its portfolio of plus and size-inclusive labels.  View Original Article Acquisition Inclusivity Packaging RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Start Ups

Skincare brand Topicals raises $10M in Series A financing

The direct-to-consumer company already has notable investments from Jay-Z co-founded Marcy Venture Partners, Kelly Rowland and more. View Original Article Consumers Partnerships Start Ups RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Trends & External Forces

Patrick Schwarzenegger and Maria Shriver’s Mosh raises $3M for retail expansion

​[[“value”:”Schwarzenegger — a former investor in trendy CPG products — and his mom bring a unique profile to promote a protein bar focused on brain health.”]]  View Original Article Health & Wellness RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Uncategorized

Ludacris, T-Pain to headline Revolve festival

Brands like rhode and SuperGoop are participating in the annual summer event with artist performances and freebies. View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics […]
< 1 min read
0
  1. Corporate Strategy

Walmart GoLocal lands Shipt executive Rina Hurst as its new VP

​[[“value”:”The former chief business officer for the Target-owned company will focus on scaling and expanding the retail giant’s delivery service platform.”]]  View Original Article Delivery Executives Target Walmart RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Trends & External Forces

Xcel Brands launches C. Wonder by Christian Siriano

Siriano was named the creative director of the new brand, which will launch in the spring of 2023.  View Original Article Predictions and Forecasts RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Channel: Dollar/Value

Big Lots’ cost-cutting efforts helped it ‘maintain liquidity through a challenging period’

CEO Bruce Thorn also said the retailer is expanding its assortment of bargain merchandise, which is expected to account for 75% of sales in 2024. View Original Article Big Lots Executives Merchandising Predictions and Forecasts RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most […]
< 1 min read
0
  1. Corporate Finance

Joann shores up liquidity ahead of Q4 report

The crafts retailer, which made Retail Dive’s bankruptcy watchlist last year, has seen sales fall and costs rise after a pandemic boom. View Original Article Bankruptcy COVID19 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Shopper & Customer

Lids’ new store concept focuses on product drops

Lids Hat Drop, inspired by the company’s e-commerce platform of the same name, gives shoppers first access to limited-edition releases. View Original Article Shoppers RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. ESG

New Balance introduces resale platform

The footwear company partnered with Archive to launch Reconsidered as part of a larger sustainability initiative. View Original Article Dept. Apparel Sustainability RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app […]
< 1 min read
0
Next