Home Gave JCPenney a Lift During Challenging Q2

Home Gave JCPenney a Lift During Challenging Q2

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...
JCPenney Operator Turns to Loss for Fiscal Year

JCPenney Operator Turns to Loss for Fiscal Year

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...