J.C. Penney

Kohl's price target upped to $100 at Jefferies as Amazon partnership ramps

Kohl's (KSS +2.5%) moves higher after Jefferies raises its stock price target to $100 from $66, citing the company's partnership with Amazon (AMZN …

Business

At This Pace Maybe Nvidia Beats Apple in Race to First Trillion Dollar Company

<b>WTF:</b> Ask yourself this while eating that Starbucks (SBUX) breakfast sandwich: Are these REALLY eggs? That the question fast-casual chain Panera Bread …

Tech Industry

Opinion: Instead of just disrupting, try building businesses

Last January, the beleaguered department store company Macy’s announced that nearly 100 stores would be shuttered in 2017. Our family was one of many …

Trends

Retailers Had the Best Holiday Season in Years

Finally, some good news for the nation’s retailers: Americans spent more than expected this holiday season, fueling the strongest growth in holiday …

Middle East

Why Macy's Departing Chairman Thinks the Chain Has Turned a Corner

Macy’s (m) was among the many retailers to report sales gains for the holiday season, stoking renewed hope the retail industry is finally learning to …

Trends

Kohl's Takes the Retail Crown After a Busy Holiday Season

Retail trends improved dramatically during the holiday months compared to the rest of 2017, lifting many department stores out of their recent sales …

Trends

Retail's Big Show: A Few Key Takeaways

Every year 35,000 or so of my closest friends assemble in New York City for the National Retail Federation’s “Big Show”–a three day extravaganza featuring dozens of presentations, a huge technology EXPO and networking, networking, networking. During my 25+ year career as an executive (at Neiman …

Trends

Market Is Rising On The Fear Of Missing Out - Cramer's Mad Money (1/18/18)

"Blockchain is not just about cryptocurrencies" - IBM SVP of global markets, Martin Schroeter.<p>Cramer sorts out market discrepancies.<p>Nektar …

Business

Breaking Bad Turns 10: An Oral History of the Pilot

When AMC's <i>Breaking Bad</i> was being developed, it had all the cards stacked against it. As one executive put it in a preproduction phone call, "We're …

TV

Downtown Westminster project misses the mark on transportation

Provided by JLLA rendering of the Ascent Apartment project that broke ground last August as part of the Downtown Westminster redevelopment</i> …

Richmond Heights Macy's store sold for $1.15 million

Steps toward the next life of the shuttered Macy's in Richmond Heights are underway after Los Angeles-based real estate developer DealPoint Merrill …

Cleveland

The Incredible Shrinking Sears Holdings

Comparable store sales are falling very rapidly in a relatively strong retail environment.<p>Comparable store sales declines make cost cutting a quite …

Markets

Bad gifts still hanging around? 6 ways to get rid of them

NEW YORK (AP) — With the holidays gone, some people still have bad gifts hanging around. Time is ticking, since many retailers have 30-day return windows. But those who have waited can still find a few ways to discard weird sweaters or duplicate air fryers.<p>That includes selling them on eBay, using …

Business

With A Flawed Strategy, J.C. Penney's Future Is Uncertain

The recent Christmas 2017 sales report for J.C. Penney implies that improved sales should be a balm for optimists. I share this feeling but hesitate to recommend purchasing the stock. Hard times are looming for the company.<p><b>Very high debt.</b> The company has about $7.5 billion in total debt if you take …

Fortune 500

How Wide Does The Gap Between Realty Income And The S&P 500 Need To Be In Order For You To Throw In The Towel?

Realty Income has hit a new 52-week low.<p>The S&P 500 has hit a new all-time high.<p>The dividend is safe but the principal isn't.<p>They keep calling me …

Business

Kohl's Corporation: Don't Believe The Recent Optimism

Kohl’s strategies to revive its fortunes aren't fruitful yet and the preliminary analysis does not point anything promising coming soon.<p>KSS's share …

eCommerce

Opening Date Set For New Wegmans Supermarket At Natick Mall

NATICK (CBS) – The new Wegmans location at the Natick Mall has an official opening date.<p>The multi-level, 146,500 square-foot supermarket will open …

I Know A REIT That Screens 'Dirt Cheap' And Kimco Is Its Name-O

The products or services that have wide, sustainable moats around them are the ones that deliver rewards to investors.<p>It appears that Kimco could …

Business

3 Commercial Real Estate Trends To Watch In 2018

Political and economic uncertainty has pervaded the past year, with the U.S. economy showing signs of growth amid low inflation and a distressed retail segment in 2017, as accountants struggle to understand all the implications of the recently passed changes to the tax laws and Europe prepares for …

Business

Man charged in North Riverside mall shooting

A Chicago man has been charged in a shooting at a North Riverside mall that left a 42-year-old woman dead and a 14-year-old girl wounded …

Crime

Lincoln-Way Jobs: AutoZone, Presence Health, AMC Theatres

Use Patch's Jobs Board to start your search to land that new job.<p><i>Here are some jobs pulled from the Patch Jobs Board. Click through to read about the</i> …

Employment

Has J.C. Penney Bottomed For Good?

JCP has rallied 65% off the bottom it posted two months ago.<p>The department store chain reported great comparable sales for the holiday …

Markets

Companies race to gather a newly prized currency: Our body measurements

The first step for a shopper buying a suit at the fast-growing menswear retailer Indochino is sharing his personal information: A salesperson armed with an iPad measures nearly everything on his body, from the distance between his belly button and rear to the circumference of his knees.<p>The next …

Stitch Fix

These are the best Martin Luther King Jr. Day deals and sales right now

Get Stuff We Love<p>Subscribe to our newsletter.<p>SUBSCRIBE<p>As the winter season rolls on, the deals online get better. This weekend, set yourself up for the final weeks of winter by snagging huge savings on apparel, accessories, beauty products and more.<p>These are TODAY Style's picks for Martin Luther …

Shopping

Discount Diva: Bring Boscov's to Buffalo

What if I told you there’s a modern-day equivalent of AM&As, and there’s a chance it might be headed for the Buffalo Niagara retail market?<p>It’s …

Trends

State governments’ digital transformation

Article<p>Delivering the digital state What if state government services worked like Amazon?<p>November 14, 2017<p>Citizens are customers, too—who …

Customer Experience

Christmas Was A Win For Costco And Kohl's, And A Disaster For Sears

Most of the nine-week sales results have been reported for the 2017 Christmas selling season. There are quite a lot of performance variations. At one end, we see Costco with a 10.4% comparable store gain, Kohl’s comparable store sales increase of 6.9% and Target and J.C.Penney’s respective gains of …

Business

Reviving Mississippi's downtowns should be No. 1 priority

CLOSE<p>A+ Signs and Creative paints the 'Welcome to Jackson' mural to grace the State St. facing wall of the Gadow Tyler law office on Pearl St. in …

Mississippi

She held the same job for 58 years, never looked for another

CLOSE<p>After 58 years as a secretary for John M. Dorner Adjustment Co. in Johnson City, 83-year-old Zipay retired on Dec. 29, 2017.<p>JOHNSON CITY, N.Y. — …

Don't Be Fooled by Strong Holiday Sales -- Brick-and-Mortar Chains Are Still in Trouble

While it was a successful holiday season for the retail sector, the bullish rally could be short lived.<p>Retail stocks have been riding high for the …

Stocks