Core Insights - JCPenney, once a prominent department store, has faced significant challenges including bankruptcy and restructuring efforts, with a recent setback involving a failed property deal [1][6] Company Overview - JCPenney entered a $947 million all-cash deal with Onyx Partners Ltd. to transfer ownership of 119 store locations, executed through Copper Property CTL Pass-Through Trust [2] - The trust was created during JCPenney's bankruptcy to manage real estate assets, and the deal was non-refundable, ensuring the transaction's commitment [3][4] - The properties were subject to a triple-net master lease, meaning JCPenney would cover all operating costs, but the deal faced multiple closing condition contingencies [4][5] Recent Developments - The nearly $1 billion agreement ultimately failed to close, with a notice issued to Onyx Partners indicating termination if the transaction was not completed by December 26, 2025 [6] - JCPenney has not publicly addressed the failed deal or the future of the 119 stores involved [6] Historical Context - JCPenney filed for Chapter 11 bankruptcy in May 2020, citing the COVID-19 pandemic as a contributing factor, although it had not been profitable for nearly a decade prior [7] - The company was acquired by Simon Property Group and Brookfield Asset Management for $1.75 billion, with Copper Property assuming ownership of 160 retail properties [8] Store Closures and Sales - JCPenney closed over 200 stores nationwide during its bankruptcy and confirmed plans to close seven additional locations earlier this year [10] - The retailer's properties were distributed across various states, with Texas and California having the highest number of locations [11] Industry Challenges - JCPenney's decline has been attributed to a failed rebranding effort in 2011 that alienated core customers by removing promotional pricing strategies [12][13] - The COVID-19 pandemic exacerbated existing challenges, disrupting supply chains and leading to temporary store closures [15] - The retail landscape is shifting, with a significant increase in e-commerce, which accounted for 22.3% of global spending in 2024, and a projected rise in U.S. e-commerce spending to $2.5 trillion by 2030 [16][17]

A deal to sell more than 100 JCPenney stores is likely not going forward. A regulatory form filed on Monday, Dec. 22, from the trust that had been charged with selling the assets confirmed the development. In the filing on Dec. 22, Copper Property CTL Pass Through Trust said its previously announced sale with Onyx Partners, Ltd. of Boston, Massachusetts, did not close. The trust issued a notice to the buyer confirming that if it does not close the transaction by Dec. 26, the agreement will terminate. Wh ...

Company Overview - Hudson's Bay Company (HBC) 从毛皮贸易站发展成为百货巨头，定义了加拿大商业乃至加拿大本身 [1]

Core Viewpoint - Macy's Inc. is experiencing significant challenges ahead of the holiday season, with a notable decline in stock performance and a weak outlook for consumer spending [1][2]. Group 1: Financial Performance - In the third quarter, Macy's net income fell by 60.7% to $11 million from $28 million year-over-year [4]. - Net sales remained flat at $4.7 billion, while total revenues also held steady at $4.9 billion, exceeding previous guidance of $4.5 billion to $4.6 billion [4][5]. Group 2: Consumer Behavior and Market Strategy - The company anticipates selective spending among consumers during the holiday period due to ongoing cost pressures from higher tariffs [2]. - Macy's plans to implement a $9.99 shipping fee for returns, unless customers are loyalty members, in an effort to minimize returns [3]. Group 3: Store Closures and Future Plans - Macy's has announced plans to close 150 underperforming stores by the end of 2026, with 50 closures expected this year [5].

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. A deal to sell a portfolio of more than 100 J.C. Penney stores to a private equity firm is off, according to a regulatory filing from the trust tasked with selling the property. The firm, Onyx Partners, and Copper Property CTL Pass Through Trust, established during Penney’s 2020 bankruptcy, in July announced that Onyx would acquire 119 stores for $947 million.The cl ...

Group 1: Vista Energy, S.A.B. de C.V. (VIST) - Vista Energy is an oil and gas exploration and production company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 48.7% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 6.64, compared to 6.90 for the industry, and possesses a Value Score of A [1] Group 2: OppFi Inc. (OPFI) - OppFi is a FinTech company that also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its next year earnings has increased by 10.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 6.84, compared to 12.10 for the industry, and possesses a Value Score of A [2] Group 3: Macy's, Inc. (M) - Macy's is an omnichannel retail company with a Zacks Rank 1 [2][3] - The Zacks Consensus Estimate for its current year earnings has increased by 10.2% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 11.02, compared to 22.90 for the industry, and possesses a Value Score of A [3]

Group 1 - Macy's stock has performed well in 2025, gaining 36.3% through December 16, significantly outperforming the S&P 500's 14.8% increase [4] - Including dividends, Macy's total return for shareholders reached 43.3%, surpassing the S&P 500 by 27.6 percentage points [4] - Same-store sales growth has improved, with a 3.2% gain reported in the fiscal third quarter ending November 1 [5] Group 2 - Management is executing a turnaround plan that includes closing underperforming stores, revamping locations, and enhancing customer service [6] - The company is focusing on selling more to upper-income consumers, particularly through its Bloomingdale's and Bluemercury brands [6] - Bloomingdale's has shown strong performance, with a 9% increase in same-store sales in the latest quarter [9] Group 3 - The performance of Macy's is influenced by the economic conditions affecting different consumer demographics, particularly the higher-income segment [8] - A potential slowdown in housing price gains and stock market pullbacks could indicate challenges for upper-income consumers, which may impact Macy's sales [9]

Core Viewpoint - Kohl's (KSS) has reached a significant support level and shows potential for investors from a technical perspective, with a recent breakthrough of the 20-day moving average indicating a short-term bullish trend [1]. Technical Analysis - The 20-day simple moving average is a widely used trading tool that smooths out price fluctuations and provides trend reversal signals, making it beneficial for short-term traders [1][2]. - A stock price above the 20-day moving average indicates a positive trend, while a price below suggests a downward trend [2]. Performance Metrics - Over the past four weeks, KSS has gained 51.1%, and it currently holds a Zacks Rank 2 (Buy), suggesting further upward movement potential [4]. - In the last two months, there have been no lowered earnings estimates for KSS, with five estimates raised for the current fiscal year, leading to an increase in the consensus estimate [4]. Investment Outlook - The combination of positive earnings estimate revisions and favorable technical indicators suggests that KSS may present additional gains for investors in the near future [5].

The legal battle between former Bergdorf Goodman chief merchant Yumi Shin and Saks Global continues to rage on, with new twists and turns emerging over the past week. Court papers reveal that Shin is attempting to get the case against her dismissed, and that she is arguing that trying the case in a federal court in Texas violates her rights. More from WWD Meanwhile, Saks Global wants to have information on its acquisition of the Neiman Marcus Group contained in Shin’s court papers redacted. Last week S ...

Core Insights - Investing in stocks based on valuation metrics, particularly the price-to-sales (P/S) ratio, can identify opportunities with strong upside potential, especially for unprofitable or early-stage growth companies [1][2] Valuation Metrics - The P/S ratio compares a company's market capitalization to its revenues, providing a clearer picture of value when earnings are minimal or volatile [2][5] - A P/S ratio below 1 indicates a good bargain, as investors pay less than a dollar for each dollar of revenue generated [6] - The P/S ratio is preferred over the price-to-earnings (P/E) ratio because sales are harder to manipulate than earnings [7] Investment Opportunities - Low P/S stocks can offer compelling opportunities, often trading below their intrinsic value, making them attractive for investors seeking upside potential [3] - Companies with low P/S ratios and improving fundamentals are highlighted as having discounted valuations [10] Screening Parameters - Stocks should have a P/S ratio less than the median for their industry, a P/E ratio below the industry median, and a debt-to-equity ratio lower than the industry median [9][11] - Stocks must trade at a minimum price of $5 and have a Zacks Rank of 1 (Strong Buy) or 2 (Buy) to qualify for investment consideration [12] Company Profiles - **Hamilton Insurance Group, Ltd. (HG)**: A specialty insurance and reinsurance company benefiting from strong execution and a clear growth roadmap, with gross premiums written rising significantly [12][13] - **Macy's Inc. (M)**: Undergoing a transformation with its Bold New Chapter program, focusing on digital initiatives and omnichannel retailing, currently holding a Value Score of A and Zacks Rank 2 [14][15] - **GIII Apparel Group (GIII)**: A designer and distributor of apparel focusing on product differentiation and international expansion, with owned brands generating higher margins [16][17] - **Green Dot (GDOT)**: A pro-consumer bank holding company with a strong position in prepaid cards and Banking-as-a-Service, expanding its addressable market with low debt and significant cash reserves [18][20] - **PRA Group (PRAA)**: A global financial services company focusing on non-performing loans, benefiting from strategic acquisitions and a positive purchasing environment [21][22]