Top 5 Railroad Companies To Own For 2015: J.C. Penney Company Inc. Holding Company(JCP)
J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the United States and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. It also provides various services, such as styling salon, optical, portrait photography, and custom decorating. The company also sells its products through its Internet Web site, jcp.com. J. C. Penney Company, Inc. has strategic alliance with Martha Stewart Living Omnimedia, Inc. As of December 7, 2011, it operated approximately 1,100 department stores. The company was founded in 1902 and is based in Plano, Texas.
Advisors' Opinion:- [By Andrew Marder]
Finding value in J.C. Penney (NYSE: JCP ) is like looking for the Northwest Passage -- it probably doesn't exist, and even if it does, it's probably not worth it. The billionaire and philanthropist George Soros is the most recent man to try to turn J.C. Penney around. If you wanted to wish him luck, now is the time, before he disappears into the frozen wastes of the Canadian countryside forever.
- [By Rich Duprey]
Despite the disaster that is its sales strategy, not to mention the apparent confusion that reigns in the C-suite, J.C. Penney (NYSE: JCP ) stock is at least protected by one lesson learned: Don't give your CEO a golden parachute.
- [By Steven Russolillo and Chris Dieterich Agence France-Presse/Getty Images Facebook]
The move comes after months of speculation over when Facebook would finally join the index. It had qualified for the index in recent months, but was overlooked in the past few index changes, including last month when J.C. Penney Co.(JCP) was dropped from the index.
- [By Annalisa Kraft-Linder]
Annalisa Linder A glorious Saturday aft! ernoon, and Sears is virtually empty. Merchandise is all jumbled; aisles are blocked; it looks dispirited. After a spate of photo stories on the disarray at Sears, I wanted to look for myself. The sadder side of Sears, indeed. J.C. Penney (JCP) and Macy's (M) in the same mall in suburban Maryland were busier, neater and drawing younger customers. Annalisa Linder If you remember the slogan, "the softer side of Sears," then you're the typical Sears age demographic, and if you never heard it, you are the younger shopper it desires but can't attract. Sears Holdings' (SHLD) sales have declined for years as it loses customers to Kohl's (KSS) and J.C. Penney and younger customers throng to Macy's. Most mall anchor stores are struggling. A recent Piper Jaffray survey found that teens aren't hanging out at the mall anymore and prefer a social "experience," preferably at a restaurant. Sears and Sears Holdings' Kmart stores have been hit particularly hard. CEO Eddie Lampert noted on the most recent earnings call that shoppers only visit three stores per mall trip now, compared to five in 2007. The Sadder Side of Sears
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-railroad-companies-to-own-for-2015.html
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