J.C. Penney plans to close 15 additional full-line stores and nine home-and-furniture locations as the retailer struggles to get its footing amid significant challenges for department stores.

James Cash Penney has returned to Kemmerer, WY where it all began. James Cash Penney JCP JCP —or at least a reasonable facsimile of him — has made it back home to where it all began.

Department store JC Penney has reported that its net loss in the first quarter ended May 4 has more than tripled to $63 million from $17 million a year ago. Sales fell 8.1% to $1.37 billion from $ ...