Yet the momentum wasn’t enough to bolster net sales, which slipped 8% to $1.4 billion in the quarter ended Nov. 2 compared to the same period a year prior. That follows quarterly drops of 8.9% ...

This new path comes after several attempts by JCPenney to reinvent itself over the past decades. While once seen as a top player, its sales have been eroded by online retailers, younger brands and ...

JCPenney weathered a bankruptcy, store closings and a CEO out of Silicon Valley — all followed by continual revenue declines. Now, the company, whose history stretches back more than 100 years ...