INSIDER
JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business
Read full article: JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its businessJCPenney says it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain.
What the Chesterfield Township board is doing to stop stray shopping carts from piling up at bus stops
Read full article: What the Chesterfield Township board is doing to stop stray shopping carts from piling up at bus stopsA drive down Gratiot Avenue in Chesterfield Township means a lot of traffic. Still, lately, it is an unusual eyesore because the smart bus runs on that corridor where there are many shopping centers, and shopping carts find their way into large and unsightly piles.
Americans love Target. That's bad news for Macy's, JCPenney
Read full article: Americans love Target. That's bad news for Macy's, JCPenneySales at Target stores open at least a year increased 3.4% during the summer quarter and profit rose, Target said Wednesday. Target beat Wall Street's predictions for the recent quarter and raised its profit forecast for the rest of the year. Macy's last week said that sales at stores open at least a year inched up but profit fell 48% during its most recent quarter. Target, Walmart and discount clothing chains such as TJMaxx are gaining market share against these retailers. Target and Walmart operate stores away from malls, an advantage because foot traffic is slowing at malls around the country.
JCPenney could be kicked off New York Stock Exchange
Read full article: JCPenney could be kicked off New York Stock ExchangeJustin Sullivan/Getty Images(CNN) - JCPenney is in danger of its stock getting booted off the New York Stock Exchange because its share price is too low. In a reverse stock split, companies cut the number of shares on the market, boosting the stock price. If JCPenney can't comply, the exchange would delist its stock. JCPenney said it is considering seeking a reverse stock split. Fears of a bankruptcy can hurt a company beyond a depressed stock price.
Shopping hours in metro Detroit
Read full article: Shopping hours in metro DetroitShopping hours in metro DetroitPublished: November 12, 2013, 12:40 pmStores: Best Buy -- Midnight Costco -- 9am Friday JCPenney -- 8pm Thursday Kmart -- 6am Thursday Kohl's -- 8pm Thursday Macy's -- 8pm Thursday Nordstrom -- 9am-9pm Friday Old Navy -- 9a-4p Thursday, back open at 7pm Thursday (locations inside malls may vary) Sears -- 8pm Thursday Target -- 8pm Thursday Toys 'R Us -- 8pm Thursday WalMart -- Select Stores are 24 hours, other stores 6 pm Malls: Birch Run -- 8pm - Most stores open, 9pm - Crocs, Izod, Van Heusen, 10pm - Chef's Outlet, Guess Factory Store, Stride Rite Keds Sperry Briarwood Mall -- 8pm Thursday Eastland Center -- Select stores open at 8pm Thursday Fairlane Town Center -- 8pm Thursday Great Lakes Crossing Outlets -- 6pm Thursday Green Oak Village -- 8am Friday Lakeside Mall -- Select stores open at 8pm Thursday, entire mall opens 6am Friday Laurel Park Place -- Select stores open at 8pm Thursday, doors open till 10pm Friday Mall at Partridge Creek -- 6am Friday Macomb Mall -- Select stores open at 8pm Thursday, many open at Midnight, entire mall opens at 8am Friday Northland Center -- Select stores open at 8pm Thursday, entire mall opens 7am Friday Oakland Mall -- Select stores open at 8pm Thursday Somerset Collection -- 8am Friday Southland Center -- 8pm Thursday for most stores - all will be open by Midnight Tanger Outlets -- 10pm Thursday Twelve Oaks -- 8pm Thursday Westland Shopping Center-- 8pm ThursdayCopyright 2012 by ClickOnDetroit.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.