The shipping carrier is scouting 2,400 independent locations for its Access Point program in 100 markets, aiming to make it easy for online shoppers ...
J.C. Penney’s online sales for the fiscal year ended Jan. 31 reached $381 million, up 17.8% from a year ago. Same-store sales grew 2.6%, to $15 billion from $14.8 billion.
E-commerce sales marked the brightest spot for J.C. Penney Co. Inc. during the fourth quarter, rising 21.4 %, while catalog sales dived and same-store sales rose only slightly, the retailer reports.
J.C. Penney’s online sales for the fiscal year ended Jan. 31 reached $381 million, up 17.8% from a year ago.
By comparison, Q4 direct sales--web and catalog--decreased 20.7%, to $772 million from $973 million. The retailer said overall direct sales decreased 22% for the year ended Jan. 31, to $2.6 billion from $3.3 billion.
It said Q4 same-store sales grew 1.9% over the year-ago period, to $4.99 billion from $4.9 billion a year ago. For the year ended Jan. 31, same-store sales grew 2.6%, to $15 billion from $14.8 billion.