Earnings slid at JCPenney in the fiscal year ended February 3, 2024, with sales down if in a lesser way. Penney Intermediate Holdings reported a net income of $30 million versus $221 million in the year before. After a currency translation adjustment, income was $29...
As it winds down operations, Bed Bath & Beyond has announced that it was notified by the Nasdaq Listing Qualifications Department that the market had determined to delist the company’s common stock although trading will continue temporarily. Bed Bath &...
Activist investor Mill Road Capital Management has issued a letter to shareholders of Big Lots urging a sale of the company. Hill Capital Management, which has purchased 5.1% of Big Lots stock, revealed in a March 15 filing with the United States Securities and...
