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J.C. Penney pulls back a bit on holiday expectations
New York City -- Speaking at the Goldman Sachs 18th Annual Global Retailing Conference in New York City, Myron Ullman III, chairman and CEO of J.C. Penney Co., expressed confidence that the chain is well positioned for the holiday selling season. However, he noted that uncertain economic conditions have caused the chain to pull back on its expectations.
Ullman noted that customers are still purchasing promotionally priced items along with full-priced goods.
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PetSmart 'pur'fects Martha Stewart line with cat products
PHOENIX — PetSmart has the announced the launch of a new collection from Martha Stewart Pets. The collection features innovative, cat-friendly feeding bowls and mats, a well-designed bed and a range of fun, stimulating toys made exclusively for PetSmart stores and PetSmart.com, the company reported.