4 Consumer Stock Stories Making Investment News Today

eBay Inc. (NASDAQ:EBAY): Closing price $52.31

The same-day shipping service eBay Now, which was first introduced for San Francisco residents almost a year ago prior to further expansions into San Jose and New York, is poised to expand its service yet again, with added support for the Bay Area Peninsula, together with Brooklyn and Queens, with Chicago and Dallas coming later this summer. Additionally, on Monday the firm is debuting a PC version of eBay Now for the desktop. According to eBay’s Vice President of Mobile & Local Dane Glasgow, the firm elected to bring the previously mobile-focused eBay Now delivery service to the desktop, because those persons who visit eBay from both web and mobile numbers are among its most valuable customers.

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ebay

J.C. Penney & Co. (NYSE:JCP): Closing price $16.13

A couple of executives close to the historic retailer say that it plans to hire a marketing leader in the near-term. The top candidate is said to be Vice President, Marketing and Engagement at Kraft Foods Group Debra Berman. Until Deanie Elsner was promoted to chief marketing officer in January, Berman served as the de facto chief marketing office for the newly-created Kraft Foods, managing media and marketing strategy for the brands that spend more than $500 million worldwide on advertising.

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JCP

GNC Holdings, Inc. (NYSE:GNC): Closing price $47.69

On Monday, GNC announced that it will grow its retail footprint in China by debuting the first stand-alone GNC store in Shanghai. The move goes with the health retailer’s ongoing marketing presence in the world’s number-one consumer market, as GNC intends to open an additional 25 locations in China over the next 12 months. The first stand-alone location opened Monday in Raffles City, a prime retail and office space location in Shanghai.

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GNC

Fifth & Pacific Cos. Inc. (NYSE:FNP): Closing price $23.17

Three knowledgeable sources report that the apparel company is in late-stage discussions to divest its denim business Lucky Brand to the private equity firm Advent International, although the parties could not be reached for comment. Fifth & Pacific, formerly known as Liz Claiborne Inc., recruited investment banks Centerview Partners and Perella Weinberg earlier in 2013 to sell its Lucky and Juicy Couture labels, as it concentrates upon its rapid-growing kate spade brand.

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FNP

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