Thursday, March 28, 2024 Mar 28, 2024
45° F Dallas, TX
Advertisement
News

JC Penney Down in 2009

By Stephanie Quadri |

Not surprisingly, US News & World Report says Dallas-based JC Penney is a “loser” based on profit/loss in December 2009, stating:

This mid-market department store is caught between strapped consumers trading down to discount chains and recovering spenders looking for a more refined experience. Sales may not bounce back until the housing market stabilizes and unemployment recedes.

See the full list of retail winners and losers here.

Related Articles

Local News

LeadingOff (3/28/24)

It's a beautiful day for some baseball.
Image
Baseball

Bobby Sessions Gets You Hyped for Opening Day

He narrates the Texas Rangers' 2024 hype video.
Image
Travel

Is Fort Worth Really ‘The New Austin’?

The Times of London tells us it's now the coolest city in Texas.
Advertisement