JC Penny and Macy company have reported decline in sales

JCPenney organization is a U.S department store chain with 865 locations in 49 U.S. states and Puerto Rico.

The company’s stock JCP, -10.83% stock dropped 3.3% on Thursday premarket trading after the struggling company stated comparable store sales for the nine weeks ending Jan. 4, 2020 reduced at 7.5%.

By taking into account the department store chain's exit from the appliance and in-store furniture cat....