2013-09-26 14:50:03 -
PLANO, Texas (Sept. 26, 2013) - In response to inquiries, JCPenney said today
that it is pleased with its progress thus far in the Company's turnaround
efforts and the traction its initiatives are starting to achieve. Moreover, the
Company said it is starting to see greater predictability in its performance
across many areas.
The Company continues to be encouraged by improvements in purchase conversion
both in store and on jcp.com, primarily due to being back in stock in key items
and sizes the customer expects to find at JCPenney. Overall sales on jcp.com
continue to trend double digits ahead of last year.
The Company still anticipates it will experience positive comparable store sales
trends coming out of the third quarter and throughout the fourth quarter of
(972) 431-3400 or email@example.com
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J. C. Penney Company, Inc. (NYSE: JCP), one of the nation's largest apparel and
home furnishing retailers, is dedicated to becoming America's preferred retail
destination for unmatched style, quality and value. Across 1,100 stores and at
jcp.com, customers will discover an inspiring shopping environment that features
the most sought after collection of private, national and exclusive brands and
attractions. For more information, please visit jcp.com.
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Source: J. C. Penney Company, Inc. via Thomson Reuters ONE