J.C. Penney stock trades at an even lower level today than it did in mid-2013 when the company was flailing. That doesn't make very much sense.
There's something to be said for being the last man (or store) standing.
It's tougher than ever for retailers. Here are three that investors should bet on in 2017.
Target is opening a small-format store across the street from Macy's flagship location in Manhattan. Surprisingly, this could actually be good news for Macy's.
Department store sales may be poised to continue declining in the years ahead. But that doesn't mean investors should avoid every department store stock.
Which of these retail giants is the better choice for new money today?
Clearly people don't need to try on clothes before buying them.
J.C. Penney will close a slew of stores in small towns, especially in the Midwest. But it's also downsizing in some competitive markets in the Northeast.
Amazon is planning to open its own grocery pickup kiosks, but the initiative seems hardly differentiated from what Wal-Mart and Kroger have been doing for years.
Troubles at Immunomedics, Sears Holdings, and Community Health make them ripe for a change in management.