Jill Soltau's first day as J.C. Penney CEO is Monday. Penney's CEO Jill Soltau, who joined the company in October 2018, refocused the company to sell women's clothing and home goods.
In saying she was “pleased” with the second quarter results, Soltau once more emphasized there were no quick fixes. Jill Soltau attends the American Folk Art Museum Annual Gala at JW Marriott Essex House on November 16, 2017 in New York City. Ohne Lizenz können Sie das Material nicht für folgende Zwecke weiterverwenden:Da die Kollektionen ständig aktualisiert werden, kann Getty Images nicht garantieren, dass ein bestimmter Inhalt bis zum Zeitpunkt der Lizenzierung verfügbar ist.
In her two previous jobs, the investors were private equity firms Leonard Green and Sun Capital Partners, and some could argue they're tougher than the street.Get the latest on openings, closings and trends of the D-FW retail scene.Stand with us in our mission to discover and uncover the story of North TexasCopyright © 2020 The Dallas Morning News. Sears' sales of $16.7 billion last year are half of what they were just three years ago, and the retailer hasn't been profitable since 2011.Besides, he said, Soltau has experience with road shows and responding to investors.
Das EasyAccess-Konto (EZA) ist keine Lizenz. Plenty of good, bad and ugly to go around and my job, as it has been for most of my career as a business journalist, is to try to sort it all out. (Photo by Paul Bruinooge/Patrick McMullan via Getty Images)Im Rahmen dieser Premium Access Vereinbarung haben Sie lediglich Ansichtsrechte. Der Zugriff auf den Inhalt kann einige Zeit in Anspruch nehmen und es können zusätzliche Gebühren anfallen. Erstklassige Nachrichtenbilder in hoher Auflösung bei Getty Images My regular commentaries have elicited both praise and scorn and I welcome them both equally.
Its lenders were working on a deal Friday to avert a liquidation by using the bankruptcy process to restructure the chain with fewer stores.Cowen Equity Research analysts said if the 866 Sears and Kmart stores end up closing, several retailers including Penney will benefit. I do so as a regular contributor to Forbes.com, as well as The Robin Report, Progressive Business Media and other media, plus my own blog, stupidbusiness.com. Cowen estimates 56 percent of Sears shoppers also buy at Penney. More importantly it has plenty of cash on hand—$1.7 billion in liquid assets available—and it expects to have a positive free cash flow for the year overall.While the number of transactions was down, the company said, the average ticket was up slightly.
It has not seen a material impact from the first three rounds of tariff increases on its business, but is still studying how the just-announced fourth round will effect sales, pricing and profits.
The fundamentals are improving but are shoppers noticing any big changes in the stores? {{t('buy_card.limited_use_name_'+product.Usage.toLowerCase())}}{{t('buy_card.limited_use_description_'+product.Usage.toLowerCase())}}{{getDefaultSize().teeShirtSize || getDefaultSize().label}}{{getDefaultSize().pixels}} ({{getDefaultSize().localeUnits}})Die als „Nur zur redaktionellen Verwendung“ gekennzeichneten Inhalte dürfen nicht für kommerzielle oder werbliche Zwecke genutzt werden.Bei kommerzieller Verwendung sowie für verkaufsfördernde Zwecke kontaktieren Sie bitte Ihr Sie können Inhalte von der Getty Images Website nach dem Herunterladen gerne 30 Tage lang kostenlos zu Testzwecken oder als Muster (Montage oder Layout) verwenden. It is the fourth major retailer, following Neiman Marcus, J.Crew and Stage Stores, to file for Chapter 11 bankruptcy protection.
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