USA: JC Penney Reports November Sales
By just-style.com | 1 December 2000
JC Penney Company, Inc (NYSE: JCP) today announced that preliminary sales for the four weeks ended November 25, 2000 increased 1.6 per cent to $2.921bn from $2.876bn in the comparable 1999 period. Department store sales for November increased 0.1 per cent to $1.427bn from $1.426bn in the 1999 period. On a comparable store basis, stores open at least a year, sales increased 0.7 per cent versus the same period last year. Sales benefited from a stronger than anticipated Thanksgiving weekend, driven by planned promotions.
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