J.C. Penney Co. Inc. JCP, +1.23% announced Monday that it is expanding its curbside pickup service, J.C. Penney Style on the Go, to 50 stores. Cumulative Growth of a $10,000 Investment in Stock AdvisorIn the Age of Coronavirus J.C. Penney Expands Curbside Pickup @themotleyfool #stocks $JCPN.Q These and other issues have spooked investors who sent the department store’s shares below $1, putting the company at risk of delisting from the New York Stock Exchange.But amid an arguably bleak outlook, JCPenney has recently been experimenting with new strategies seemingly aimed at returning the business to its glory days.Here, four recent tactics the company rolled out as it looks to get back on track.JCPenney announced today that it is rolling out its “Style on the Go” curbside pickup at an additional 50 stores after a pilot program.
These and other issues have spooked investors who sent the department store’s shares below $1, putting the company at risk of delisting from the New York Stock Exchange.But amid an arguably bleak outlook, JCPenney has recently been experimenting with new strategies seemingly aimed at returning the business to its glory days.Here, four recent tactics the company rolled out as it looks to get back on track.JCPenney announced today that it is rolling out its “Style on the Go” curbside pickup at an additional 50 stores after a pilot program. Customers make … As it grapples with ongoing financial troubles amid an evolving retail environment, JCPenney is not going down without a fight.In recent months, the Plano, Texas-based firm has rolled out a series of new offerings, including dipping its toes into the outdoor and consignment markets. …
According to a 2019 ThredUp report, the sector has grown 21 times faster than traditional retail and is expected to hit $51 billion by 2023. About Us Let's conquer your financial goals together...faster. JCPenney (NYSE: JCP) today announced that it will expand curbside pickup services to 50 additional locations across the U.S. JCPenney Style on the Go Curbside Pickup offers customers the option to quickly grab online orders without leaving the comfort of their car. [Macy’s and JCP’s] private labels do not stand out to the consumer and are not a go-to.”“With this expansion, JCPenney is taking part in the nearly $900 billion outdoor recreation industry by offering functional, durable apparel with our customer expectations at the core, all at an incredible value,” Wlazlo said.Wlazlo added that this was an “entirely new category” for JCP.While brick-and-mortar has recently struggled, the resale market has been enjoying a steady rise.
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