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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

SAN DIEGO (KGTV) – There’s a hidden gem right off the I-5 freeway in Mission Hills that took over 20 years to create. “It’s just been a wonderful thing,” said Edna Harper, designer of Harper’s Topiary Garden. Her garden sits on the massive hillside of her home and has been attracting visitors for years. More than 50 whimsical characters are featured, each one inspired by Harper’s world travels. The project started as a bet between Harper and her husband."My husband said to me, 'Oh, I don't think you can do this,'" Harper said. "He didn't know how much it was gonna cost him ... he said, 'alright if you win, I'll pay for the gardener and the water.'" RELATED:Interactive map: Exploring San Diego's history, culture through street artExperience a blast from the past at Escondido's Heartbreak HotelChula Vista taco spot attracts customers from all over county “I went to Thailand and I just adored the elephants,” Harper said. In addition to the elephants, the garden also has characters like cats, puppies, a whale, and Harper’s favorite: the hitchhiker. Harper’s gardener Pedro has been helping to bring her visions to life. “My favorite part is seeing all the people come by and take pictures,” Harper said. The garden has become her canvas and a place for your imagination to run wild. “Whatever you want it to be, that’s what my garden is,” Harper said. “It makes people happy, and that makes me happy.” If you decide to visit the property off Vine and Union in Mission Hills, the owners ask that you don’t climb or destroy the plans. They also suggest taking pictures from across the street to get the full view. 1638

SAN DIEGO (KGTV) -- The world's smallest surviving baby went home healthy after being delivered at a San Diego hospital at only 23 weeks. Saybie was delivered in December of 2018 at 23 weeks and three days at San Diego’s Sharp Mary Birch Hospital for Women and Newborns. According to the hospital, Saybie’s mother gave birth after experiencing severe pregnancy complications. When she was born, Saybie weighed 8.6 ounces, about as much as a large apple, according to the hospital. After her birth, the hospital’s life support team rushed to stabilize her before she was taken to the neonatal intensive care unit. Saybie was sent home in mid-May at a healthy 5 pounds. "No one expects their baby to be born with complications," said Trisha Khaleghi, senior vice president and chief executive officer at Sharp Mary Birch. "But when the unexpected occurs, Sharp Mary Birch is equipped with the latest technologies, equipment, research and specially trained experts to care for even the world's smallest baby."The hospital released the below video Wednesday: 1066

SAN DIEGO (KGTV) - The National Oceanic and Atmospheric Administration says the San Diego region is near a record low in fuel moisture or dryness in brush. According to recently released data, San Diego County is drier than normal. Parts of Southern California show record dryness, including portions of Santa Barbara County. "(Santa Barbara and Ventura Counties) get a lot of fires this time of year. All they need is a small ignition, and it's off to the races," Cal Fire spokesman Issac Sanchez said. "We're not that different when it comes to the environment and the types of fuels we have from Santa Baraba and the potential for explosive fires." 662

"Jaws," "Black Panther" and "Back to the Future" are just a few of the modern popcorn classics coming to the drive-in this summer. Tribeca Enterprises, IMAX, and AT&T on Monday announced the initial lineup for its summer series of films, comedy, and football offerings running every weekend from July 2 through Aug. 2 in cities like Los Angeles, New York, Dallas, Minneapolis, Atlanta, and Seattle. A July 4 celebration will include screenings of "Field of Dreams," "The Wizard of Oz," and "Apollo 13." Other films include "The Dark Knight," "Beetlejuice," "Pee-Wee's Big Adventure" and "Do The Right Thing." Tickets, which are free for essential workers, are currently on sale. 690