Can Buying Kohl's Help J.C. Penney Make a Comeback? [TheStreet.com]
Simon Property Group, Inc. (SPG)
Last simon property group, inc. earnings: 2/4 07:30 am
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Source: TheStreet.com
In its heady days, the 120-year-old department store chain J.C. Penney used to be the go-to place for consumers looking for low-cost drapes, mattresses, and tableware, as well as work and leisure clothing. The Plano, Texas, retailer served the price conscious consumer part of America's middle class families. Over the years, J.C. Penney expanded and ran 850 stores across the United States and Puerto Rico. The company however began to struggle with the transition to online shopping in the 2000s and couldn't keep up with shifting consumer trends coupled with lack of steady leadership at the top. Eventually the coronavirus pandemic compelled the retailer to and the company entered a financial restructuring. "The coronavirus (COVID-19) pandemic has created unprecedented challenges for our families, our loved ones, our communities, and our country. As a result, the American retail industry has experienced a profoundly different new reality, requiring JCPenney to make difficult decisions
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SPG
News
- Simon® Announces Exciting Additions to Woodbury Common Premium Outlets® [Yahoo! Finance]Yahoo! Finance
- Simon® Announces Exciting Additions to Woodbury Common Premium Outlets®PR Newswire
- EXCLUSIVE: Simon's Woodbury Common Premium Outlets Sets Elevated Experience [Yahoo! Finance]Yahoo! Finance
- Express may lay off over 600 employees at corporate offices in Columbus [Yahoo! Finance]Yahoo! Finance
- Here's what Express stores are closing in NY, NJ [Yahoo! Finance]Yahoo! Finance
SPG
Earnings
- 2/5/24 - Beat
SPG
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- SPG's page on the SEC website