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JCPenney's holiday stretch wasn't as bad as some feared, an encouraging sign for the troubled retailer.Sales at stores open at least a year fell only 4 percent during the holiday quarter compared with a year earlier. Investors had expected worse.JCPenney said it got a boost from its women's clothing business and toys during the holidays. It posted a million profit for the quarter. JCPenney's stock jumped 27 percent Thursday. Its stock rebounded somewhat this year after falling under for the first time in the company's 90-year history in December, because of uncertainty about its long term future. It's currently trading around .57."This is not business as usual," CEO Jill Soltau told analysts on Thursday. "We are taking deliberate actions to improve."Soltau, who took over last year, previously pledged "quick action" to put JCPenney on the path to profitability. She installed a new management team and on Thursday brought in a new chief merchant from Target.But the picture for JCPenney remains grim: The company said it lost 5 million for the full year.The company plans to close 18 under-performing department stores in 2019, as well as nine home and furniture stores. But it still has more than 800 stores around the country.In a strategy shift, JCPenney recently said it would 1316
In an effort to focus on his health, John Crist has made the decision to postpone his 2020 tour dates. We are sorry for the inconvenience & any confusion this might have caused. Thank you for your understanding & continued support of John.Questions: support@premierproductions.com 301
In response to an incident involving an employee on May 25th, Franklin Templeton issued the following statement. pic.twitter.com/8f2lMwK0r5— Franklin Templeton (@FTI_US) May 26, 2020 195
It's easy to forget that barely more than a century has passed since Orville and Wilbur Wright flew the first successful airplane in Kitty Hawk, North Carolina.The intervening 115 years has produced enough artifacts and knowledge to fill dedicated museums around the world.The greatest aviation museums capture the achievements and products of the pilots, designers and engineers who completed those rickety first flights then set their sights on space while we were just trying to ignore the guy clipping his toenails in seat 17B.Thankfully, there's no need to fasten your seat belt, shut off phones or worry about turbulence and legroom to enjoy the world's best aviation museums.Just enjoy the ride.Wings Over the Rockies Air and Space Museum, Denver, ColoradoWith 182,000 square feet of exhibits on the grounds of the former Lowry Air Force base, Denver's 872
Just a week after a congressional hearing on the significant rise of measles cases in the United States, lawmakers are meeting again to discuss outbreaks of preventable diseases that seems to be sweeping the nation.The US Senate Committee on Health, Education, Labor and Pensions is holding a hearing Tuesday morning called " 337
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