J. C. Penney (JCP) Tops Q2 EPS by 13c, Comparable sales decreased 9%, Offers Outlook

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JCPenney Partners with thredUP in New Business Model Expansion

August 15, 2019 7:31 AM EDT

Plano, Texas, Aug. 15, 2019 (GLOBE NEWSWIRE) -- J. C. Penney Company, Inc. (NYSE: JCP) today announced that 30 JCPenney stores will soon be offering a sought-after selection of secondhand womens clothing and handbags from thredUP, the worlds largest online consignment store featuring like-new styles from leading designers and brands. As part of a Company effort to launch new customer offerings, each thredUP shop at JCPenney will be thoughtfully curated and refreshed weekly to offer continued newness and excitement for shoppers.

With the rise of online resale... More