JCPenney just got a letter from the NYSE warning that its days on the exchange are numbered.
Major department stores report their earnings this week, starting with Macy’s on Wednesday, followed by Nordstrom and J.C. Penney on Thursday. After a retail slump and slide over many quarters, Americans are coming back to shopping, and the numbers show stores are enjoying the trend. Click the audio player above to hear the full story.
JCPenney's CEO was tasked with making the department store profitable again. He says they will be soon.
The company's offering deep discounts and attractive financing to woo customers.
The company's lawsuit against J.C. Penny echoes its checkered past in the U.K.