J.C. Penney Closes More Stores As Sales DeteriorateJ.C. Penney posted net income of $75 million, or 24 cents per share, for the quarter. That compares with $242 million, or 77 cents per share, a year ago.
McDonald's Wants Its Restaurants Opened On Christmas DayIn a bid to boost holiday sales, McDonald's is pressuring restaurants to open on Christmas Day, according to a published report.
Sears Lists First 79 Stores To Close, None In IllinoisSears has released a list of the first 79 stores to close under a plan to shutter 100 to 120 Sears and Kmart locations due to poor holiday sales.
Up To 120 Sears, Kmart Stores To CloseHoffman Estates-based Sears Holdings Corp. is closing between 100 and 120 Sears and K-Mart stores, after abysmal holiday sales.