its-traditional

J.C. Penney’s quarterly comparable sales fall 0.8 percent

(Reuters) – J.C. Penney Co Inc reported a 0.8 percent fall in quarterly comparable store sales on Friday, reflecting weak store traffic, increased price competition from online and off-price retailers and a general shift away from spending on apparel.

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J.C. Penney’s quarterly comparable sales fall 0.8 percent

its-traditional

TomTom targeting deals with U.S. automakers

TomTom has benefited from the formation of the rival Here consortium as automakers not involved in it are keener to do business with the independent mapping operator, its chief executive said on Friday. While its success in winning automotive customers remained “lumpy”, TomTom is focused on winning customers in the United States, …

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TomTom targeting deals with U.S. automakers