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Although the company says it has more than 300 million users, you've probably never heard of Wish. But now that you have, you're going to be impressed.According to this report in Forbes, the seven-year-old start-up just closed a $250 million financing deal that places its value at $8.5 billion. That's higher than the valuations of Sears, Macy's and JC Penney's combined. Oh, and its value doubled in just the past six months.What is so special about Wish? As an ecommerce platform with a Pinterest... [Read More]
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Macy's, Sears Holdings, JC Penney and their peers are closing hundreds of stores. On paper, it seems like this may have a negative impact on Simon Property Grou... [Read More]
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The app selling super-cheap goods from Chinese manufacturers is raising more money in its audacious challenge to Amazon and Alibaba. [Read More]
A Moorhead woman has been sentenced in Becker County District Court for stealing more than $1,000 worth of merchandise from JC Penney in Detroit Lakes.Alexis Beryl Phillips, 30, of Moorhead, was sentenced Sept. 1 for felony theft.According to court records, at 2:41 p.m. on July 1, police responded to... [Read More]
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Above, Superintendent Patrick Brady accepts a backpack donation from Joni Bigness, JC Penney supervisor. MASSENA -- Massena Central School District received several donations over the last month. The list of donations will go before the Board of Education for approval and acceptance at the meeting on Thursday, Sept. 21. "We appreciate the generosity of our community in presenting these donations," said Superintendent Pat Brady. "They will be of great use for supporting our students and teachers." The donations are as follows: • JC Penney Donation - 100 Backpacks • SeaComm Donation to JW Leary WEB Program - $500 •... [Read More]
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The toy retailer has more than 1,500 stores in the U.S. and though it plans to keep stores open, many other retailers such as JC Penney, Macy's and Gap have been forced to close stores. [Read More]
On behalf of Mt. Caesar School in Swanzey, our students and families, we would like to extend a heartfelt thank you to Cornerstone Baptist Church in Swanzey and JC Penney... [Read More]
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It's official. Golden Rule, a women, men and children's clothing store with two North Dakota locations, will soon occupy three buildings of Wahpeton's former JC Penney. [Read More]
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BEDFORD—Starting Tuesday morning, the building that has housed a department store, gym, movie theater, convention center, museum and church will come down. Built around 1952-53, the building commonly known as... [Read More]
It is estimated that 25 percent of American malls and retail stores will close in the next five years. Chains such as Sears, Kmart, JC Penney and Macy's plan to... [Read More]
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OU students will be able to receive at least 40 percent off dress clothing at JC Penney's this weekend in an event designed to encourage them to prepare for professional... [Read More]
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The new JC Penney store in downtown Hammond opened on Oct. 26, 1961. The store, which cost an estimated $1 million to build, was built at the corner of Hohman... [Read More]
Department store chains JC Penney (NYSE: JCP) and Kohl's (NYSE: KSS) both face similar challenges -- slumping brick-and-mortar traffic, the rise of. [Read More]
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Foot Locker and Finish Line are in danger of losing market share to Amazon. UBS analysts expect the two to start shutting stores. Foot Locker and Finish Line also have a large presence in malls that have lost anchors Macy's and JC Penney. Retailers across America have been closing stores in droves in 2017 amid years of declines in sales and customer traffic and an increasing threat from Amazon. So far in 2017, retailers have shut down more than 6,300 stores. UBS says sneaker retailers Foot Locker and Finish Line could be the next... [Read More]
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With students across the Ohio Valley heading back to the classroom, JC Penney at the Highland hosted one last Back-To-School Bash.  The store offered major discounts for shoppers, and kids had the... [Read More]
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See commercial debuts from five national brands right here. [Read More]
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JC Penney shares are off more than 40% since the beginning of the year as investors question the company's long-term viability. Yet many of fears seem overblown when the underlying drivers of performance are unpacked. [Read More]
It's Freebie Friday! In preparation for the Great American Eclipse on Monday, many people are looking for solar glasses to watch the big event. Fuggedaboutit! Stores are sold out. Instead, make a free pinhole projector in five easy steps. Or, grab that colander from the kitchen! I've rounded up ... [Read More]
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Allen Questrom, Former chairman & CEO of J.C. Penney, discusses the retailer's situation, and says they face a bigger problem than most because they're in older shopping malls. [Read More]
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