by Mike Duff | Sep 23, 2026 | Retail Articles
Sales of home-related products gave JCPenney a boost during the second quarter, while its overall sales and income slipped year over year, according to Copper Property CTL Pass Through Trust. Copper Property is an entity created when JCPenney emerged from bankruptcy...
by Mike Duff | May 13, 2025 | Retail Articles
Penney Intermediate Holdings, which has been operating the JCPenney business, reported a turn to a loss for its fiscal year ended February 1. According to a filing with the United States Securities and Exchange Commission, net loss was $177 million, and comprehensive...
by Mike Duff | Jan 9, 2025 | Featured News, Retail Articles
JCPenney and SPARC Group combined to form a new enterprise, Catalyst Brands, in a merger that brings together a range of legacy fashion and retail brands. The merger highlights a brand portfolio that includes SPARC’s Aéropostale, Brooks Brothers, Eddie Bauer, Lucky...
by Mike Duff | Oct 1, 2024 | Retail Articles
Penney Intermediate Holding reported its JCPenney operations turned to a loss in the second quarter as traffic remained slow. Net loss was $33 million versus net income of $36 million in the year-previous quarter. Comparable sales slipped 7.7% in the quarter year over...
by Mike Duff | May 2, 2022 | Featured News, Retail Articles
As it continues a proxy fight with activist investor Macellum Advisors, Kohl’s Corp. has issued a letter to shareholders on behalf of incoming chair Peter Boneparth in connection with the company’s May 11 annual meeting and its board of directors election. Bonaparth...
