Tag Archives: Top Shop

JC Penny Opening 17 Stores; First Stop, Manhattan

Dow Jones reports that JC Penny is planning to open 17 stores this year with the first launching in New York’s Manhattan Mall.  New York’s retail sector has felt the severe crunch of the recession with landmark retailers closing up shop and foreign retailers moving in on low rents. Now, JC Penny has seized an [...]

Posted in Apparel, Retail/Market Trends | Also tagged , , , | 1 Comment

Recession? What Recession? Where?

This is what Apple executives are saying all the way to the bank. According to an article on CNET News, Apple reported second quarter earnings of $1.47 billion for its 252 stores worldwide. When other retail stores are making swift exits and retail centers are turning into ghost towns, Apple stores are posting remarkable sales, [...]

Posted in Apparel, Mass Merchandiser, Retail/Market Trends, Specialty Retail | Also tagged , , , , , , , | 1 Comment
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