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Construction begins on Victory Park in Dallas
Dallas — Redevelopment has begun at Victory Park in Dallas.
The initial phase of redevelopment, scheduled to finish up late this year, aims to improve the pedestrian experience and connect American Airlines Center/Victory Plaza and the southern area of Victory Park.
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J.C. Penney tops views in first quarter; same-store sales up 6.2%
Dallas -- J.C. Penney topped expectations for the first quarter, reporting a 6.2% increase in same-store sales that easily topped views. Revenue for the quarter, which ended May 3, rose to $2.80 billion, above the $2.71 billion analysts expected, up from $2.64 billion in the year-ago period.
It was the second consecutive month of same-store sales gains for Penney, and the retailer said sales improved sequentially each month within the quarter.
Penney lost $352 million for the quarter, not as much as analysts expected.