J.C. Penney sales tumble, scraps dividend

NEW YORK (Reuters) - J.C. Penney Co Inc's early effort to remake itself as an affordable fashion-oriented retail chain and wean consumers off discount coupons took a much bigger-than-expected toll on sales in the first quarter. The department store owner also surprised investors by ending its dividend to help fund a multi-year overhaul under new Chief Executive Ron Johnson, who was credited with ...

J.C. Penney posts loss, sales tumble; cuts dividend

NEW YORK (Reuters) - J.C. Penney Co Inc's attempt to remake itself as fashion-oriented chain and wean costumers off of coupons took a bigger toll on sales than expected in the first quarter. The retailer also surprised Wall Street by discontinuing its dividend to help fund its overhaul. The results are a dose of reality for investors banking on a turnaround plan from a new chief executive, who ...

Who Are You Calling Cheap? SaveEveryday.com Announces the Top Ten Most Frugal Cities

America's Most Frugal Cities See Upswing in Mobile CouponingChicago, IL (PRWEB) May 16, 2012 Coupons and discount cards are being featured everywhere thanks to the lagging economy -- from TLC's Extreme Couponing to the Celebrity Apprentice, coupons have gone mainstream. SaveEveryday.com, the nation's leading mobile couponing site, has found the best couponers in the nation with the top ten most ...

California man admits holding bad checks

A California man pleaded guilty Friday to possession of counterfeit securities. Assistant U.S. Attorney Paul J. Campana said Michael John Grady, 55, of Stockton, Calif., helped another man pass counterfeit MoneyGram checks at Home Depot locations in New York and other states.

Online Bargain Hunters Dig Up Spring Savings with FatWallet’s Home and Garden Deals Week

FatWallet helps online shoppers cultivate savings on home and garden items with a smart selection of the hottest seasonal deals, coupons, clearance and cash back rewards for FatWallet members.Beloit, Wisconsin (PRWEB) April 17, 2012 FatWallet, the preferred online shopping resource for millions of savvy consumers, presents Home & Garden Deals Week running April 17-23. Shoppers will be seeking ...