J.C. Penney Co. Inc. and Dillard’s, like most of their department store peers, are suffering from sluggish sales and fickle customers, but some on Wall Street think a comeback might be in the works.
Analysts with Fitch Ratings gave both department stores a “stable” rating despite expectations of flat to “modestly negative” comparable store sales over the next year to two years, citing turnaround efforts like store closings and cost cutting, as well as a relatively stable debt situation.
Penelope Cruz wows in a strapless white @chanelofficial feather dress. She is nominated for Best Movie/Limited Series Supporting Actress for The Assassination of Gianni Versace: American Crime Story. #Emmys
Take a peek into Gucci's new Instagram account (@guccibeauty), which is guided by Creative Director Alessandro Michele’s vision of beauty. In typical Gucci fashion, the account already features a series of artworks spanning across history, ethnicity, culture and geography. It will showcase and promote its new cosmetic launches and fragrances as well as looks from the fashion shows and special collaborations with artists and talents. #wwdbeauty
Photographed by @delphachardphotos