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Last week, J. C. Penney, based in Plano, Tex., said its chairman and chief executive, James Oesterreicher, was resigning, after two years during which store sales and earnings slumped and the retailer's stock market value dipped by $15 billion.
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When he tried to reinvent himself as a sports mogul by launching the stupendously unsuccessful XFL football league, he became distracted and his ratings (and stock value) dipped.
Physical book sales saw a drop in value, dipping 0.4% year on year.
The value of retail sales dipped by 0.3% in January, as car sales fell sharply.
In November the value of commercial properties dipped by about 4%, their largest monthly drop on record.
Shortly after that, the stock market crashed and home values dipped precipitously.
In the 1940s, real estate values dipped in the area and disinvestment soon followed.
According to the report, market values for one-, two- and three-family homes dipped by nearly 3percentt, while those for apartment buildings, commercial property and utilities rose between 6 and 7percentt.
Total revenues dipped by 1% to £1.96bn.
In September real consumer spending dipped by 0.6%.
The stock price dipped by 1.4 percent to $66.16 on Wednesday.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com