26.09.2013 15:44:22
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Jcp.com's Overall Sales Continue To Trend Double Digits - Quick Facts
(RTTNews) - Beleaguered department store chain J.C. Penney, Inc. (JCP), responding to inquiries, said it is pleased with its progress thus far in its turnaround efforts and the traction its initiatives are starting to achieve. Furthermore, the firm said it is starting to see greater predictability in its performance across many areas.
The company remains encouraged by the growth in purchase conversion both in store and on jcp.com, chiefly due to being back in stock in key items and sizes the customer expects to find at JCPenney. It added that the overall sales on jcp.com continue to trend double digits ahead of the prior year.
In addition, JCPenney still anticipates positive comparable-store sales trends coming out of the third quarter and throughout the fourth quarter of 2013.
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