J.C. Penney Same-Store Sales Jump 10.1 Percent in November
December 4, 2013,
PLANO, Texas-J.C. Penney logged a gain of 10.1 percent in its November same-store sales, according to a preliminary update from the retailer issued yesterday.
The month, of course, included the all-important Thanksgiving weekend. The J.C. Penney statement added that its e-commerce sales through jcp.com ran ahead of last year and have continued their recent strength.
Based on the sales trends through the Thanksgiving weekend, the most encouraging results came from giftable items, especially among J.C. Penney's private-label brands such as Modern Bride, St. John's Bay and a.n.a., along with a range of national brands.