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JCPenney: +3.4% comparable growth over festive period

(CercleFinance.com) - JCPenney has announced 3.
4% comparable sales growth over the nine-week period to 30 December 2017, and confirmed its most recent targets for the current year.

Our overall performances during the holiday season were driven by home decor, beauty and fine jewelry, said CEO Marvin Ellison, who also pointed out the strength of clothing, especially for women and children.

The chain of department stores also boasts a double-digit growth in its Internet sales, largely driven by products usually offered as gifts, such as toys or sports shoes.

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