J.C. Penney Q2 Sales Rise 5.8%

Share this content:
J.C. Penney Company Inc., Plano, TX, yesterday reported a 5.8 percent increase in sales for the second quarter ended July 31. Net sales for the quarter totaled $3.9 billion, up from $3.6 billion last year.


In the same period, comparable-store sales increased 7.1 percent while catalog/Internet sales decreased 1.6 percent. However, Internet sales continued to experience strong growth, rising more than 30 percent for the quarter and about 40 percent for the year-to-date period.


Also, the company completed its sale of the Eckerd business during the quarter.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here