Shopko Is Liquidating: These 2 Department Stores Could Be the Winners [The Motley Fool]
JC PENNEY (JCP)
Last jc penney earnings: 2/27 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.jcpenney.com
Company Research
Source: The Motley Fool
Shopko Is Liquidating: These 2 Department Stores Could Be the Winners Earlier this year, struggling retailer Shopko filed for bankruptcy and announced plans to close a huge proportion of its stores in the hope of finding a buyer that could help it reorganize. Those efforts proved fruitless. Earlier this week, Shopko acknowledged that it wasn't able to find a buyer willing to keep the general merchandise chain going, even on a smaller scale. As a result, Shopko will liquidate all of its remaining stores over the next few months. This represents an important market share opportunity for several rivals -- most notably, Kohl's ( NYSE:KSS J.C. Penney NYSE:JCP Kohl's could get a nice sales lift from Shopko going out of business. Image source: Kohl's. Goodbye, Shopko When it filed for bankruptcy two months ago, Shopko said that it would shutter about 0% of its stores: 70 unprofitable stores and 0 that were only marginally profitable. A month later, the company more than doubled the list of s
Show less
Read more
Impact Snapshot
Event Time:
JCP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JCP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JCP alerts
High impacting JC PENNEY news events
Weekly update
A roundup of the hottest topics