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(CNN) - As the Dow was on pace for its best day of the year, and a report showed American stores had their best holiday season in six years, JCPenney's stock fell below for the first time since it started trading in 1929.That's pretty much everything you need to know about the state of JCPenney (JCP).The 110-year old company hasn't been profitable since 2010 and its prospects are bleak. JCPenney is billion in debt with a junk credit rating, a sinking cash hoard and no sign of a turnaround.With few shoppers coming to stores, JCPenney faces inventory and supply chain struggles and no clear marketing plan or strategy. The company has been forced to offer steep discounts on clothing to clear its massive inventory glut.Last month, JCPenney reported a 1 million third-quarter loss and a 5.4% drop in sales. The stock has fallen 68% this year and nearly 30% in December alone.Jill Soltau, formerly the boss of Jo-Ann Stores, became CEO in October — the company's fourth in six years. Soltau has her work cut out for her.The company's leaders said they are considering closing some of JCPenney's remaining 860 stores. That might help JCPenney in the near-term, but its long-term prospects are questionable. The company has a .1 billion debt payment due in 2023. Wall Street analysts are skeptical about JCPenney's ability to repay that money.A spokeswoman for JCPenney declined to comment.The company never really recovered from the Great Recession. It lost shoppers to cheaper sellers a decade ago and struggled to bring them back as the economy began to rebound.JCPenney plowed through its cash reserve in an expensive makeover after it hired former Apple Store chief Ron Johnson as its CEO in 2011. The plan didn't work, and Johnson was fired after 17 months on the job.It lacked the cash to improve stores, buy trendy merchandise or hire more employees.The company switched its focus several times over the past few years: from older shoppers to younger, trendier ones, back toward middle-aged women.JCPenney has recently changed its merchandising strategy, chasing proven sales trends instead of filling up stores with inventory. It started selling appliances a few years ago, but that strategy hasn't paid off either. 2244
"We take many factors into account when determining driving routes, including the size of the road and the directness of the route. While we always work to provide the best directions, issues can arise due to unforeseen circumstances such as weather. We encourage all drivers to follow local laws, stay attentive, and use their best judgement while driving." 366
With police actions facing intense scrutiny throughout the US in the wake of George Floyd's death and massive unrest, "Live PD: decided to pull its episodes that were scheduled to air Friday and Saturday nights. Live PD, which airs on A&E, embeds cameras in police units throughout the United States. The episodes are aired with a slight delay, but give viewers a glimpse of police interactions with the public. In a statement to 446
A Kansas congressional hopeful said Monday that he's sticking by his campaign giveaway of an AR-15 rifle despite criticism in light of last Wednesday's mass school shooting in Florida."We aren't using this to raise money," Tyler Tannahill told HLN's Carol Costello. "We had this planned over a month ago to kind of coincide with the Kansas Republican Convention."The Republican candidate launched the giveaway along with his candidacy on February 13, a day before an AR-15-style rifle was used in the Parkland, Florida, massacre that left 17 people dead. 584
"HonorHealth is required to abide by the court order. The court order states that HonorHealth is to allow a board certified neurologist to perform an exam on the patient. HonorHealth granted emergency temporary privileges to a board certified Neurologist identified by the family. As of now, that neurologist has not come to the facility to examine the patient. The family had instead sent an independent EEG technician to the facility. However, under court order HonorHealth is not permitted to allow a technician access to a hospital facility without the supervision of the authorized neurologist and, in this case, without a physician order. HonorHealth is working with the family's attorney to comply with the Court's order and the applicable standards of care." 774