You are here

J.C. Penney Sales Up, Particularly Jewelry

J.C. Penney Sales Up, Particularly Jewelry

Jewelry sales helped buoy a better-than-expected set of J.C. Penney results, as the struggling department store announced that second quarter comps increased 6 percent.

Fine jewelry was singled out as a top-performing category in the second quarter (ended Aug. 2), along with women’s and men’s apparel and accessories and home.

This is the third consecutive quarter of comp growth for the retailer, and it said it expects mid-single-digit comp growth for the rest of the year.

Overall sales increased 5.2 percent to $2.8 billion. However, it still incurred a $172 million loss for the quarter.


Like this article? Stay up-to-date with the latest jewelry news

Subscribe to JCK News Daily

Register For


Sunday, July 24 - Tuesday, July 26, 2016

Register Today!
Subscribe now to

JCK News Daily

Receive the latest news directly to your inbox

This is a good reminder to keep our houses clean, regular...

Apps and technology come and go, what always remains is the need for...

On one level, I agree with you, Robert, since it should be a gut...

Many law suits are 'factually and legally without merit' and until...

So maybe its an opportunity to glamorize the use Platinum once again...