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News Stories Friday, June 3, 2005   
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J.C. Penney’s May Internet sales rise 35% year-over-year

Internet sales continue to set the pace at J.C. Penney Co. Inc., rising 35% year-over-year in May, as total sales rose 5.4% and comp store sales rose 3.5%, the retailer said.

Combined Internet and catalog sales rose 7.8% in May to $193 million from $179 million a year ago, while total sales rose to $1.29 billion from $1.22 billion.

Internet sales maintained the same growth rate from May 2004, when they rose 35% over May 2003, said J.C. Penney, the 11th largest online retailer, according to the Internet Retailer Top 400 Guide to Retail Web Sites.

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