J.C. Penney narrows loss but sales continue to fall; cites turnaround ‘progress’J.C. Penney put a positive spin on another tough quarter and even boosted its full-year profit outlook. Walmart names new CEO for Sam’s ClubFor the second time in its history, Walmart’s $59 billion warehouse club division has a female CEO. Despite effective leader, odds still stacked against J.C. Penney While a few chinks of light are emerging in the story of J.C. Penney’s revival, these are subsumed by the darkness of incredibly bad revenue numbers. Amazon bets on Las Vegas with new development, hiring An e-tail giant is opening a new office and more than doubling its workforce in Sin City. More reported layoffs at Sears HQ Sears’ store footprint isn’t the only thing that’s shrinking. Rebag expands footprint Rebag continues to capitalize on the resale boom. Walmart faces short-term negative headwinds As much as Walmart is powering ahead on the top line, the bottom line numbers are softer. Kroger unveils additional site for high-tech supply chain hub The Kroger Co. is unveiling plans for its sixth automated customer fulfillment center. Nordstrom invests in plus-size luxury apparel start-up A rising online player in the size-inclusive luxury fashion market has a new investor. Walmart Q3 earnings top Street amid strong U.S., online sales; raises outlook Walmart Inc.’s remarkable run of quarterly revenue gains continued in its third quarter fueled by strong growth online and in the U.S. First Previous 503 504 505 506 507 Next Last
