Apparel Supplier

JCPenney will close six stores by April 24. The stores are in Montana, New York, North Carolina, Ohio, Oklahoma and South Carolina. (Read More)

Moody's, in a new report, predicted that "another dismal year" for U.S. department stores will accelerate change in 2020. The sector heavily underperformed the broader retail industry last year despite continued investments and offering updates, the still-solid growth of the U.S. economy and strong consumer spending. (Read More)

Target reported same-store sales were up 1.4 percent for the holiday season, below the chain’s forecast of 3 to 4 percent growth and well below holiday 2018’s 5.7 percent comp performance.  (Read More)