Fitch Updates Recovery Analyses for U.S. Retailers

NEW YORK--()--Fitch Ratings has published updated recovery analyses for U.S. Retailers, including:

-- J.C. Penney Company, Inc. (JCP) (as of Feb. 1, 2014)

--RadioShack Corporation (RSH) (as of Dec. 31, 2013)

--Rite Aid Corporation (RAD) (as of March 1, 2014)

--Sears Holdings Corporation (SHLD) (as of Feb. 1, 2014)

--SUPERVALU Inc. (SVU) (as of Nov. 30, 2013)

--Toys 'R' Us, Inc. (TOY) (as of Feb. 1, 2014)

The interactive recovery analysis worksheets are available at 'www.fitchratings.com' under the following headers:

Sectors >> Corporate Finance >> Corporates >> Research

Additional information is available at 'www.fitchratings.com'.

The Recovery Ratings reflect the application of Fitch's current criteria which is available on Fitch's website at 'www.fitchratings.com'.

Applicable Criteria and Related Research: U.S. Retail Recovery Models - Fourth-Quarter 2013

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=747052

Recovery Ratings and Notching Criteria for Utilities - Effective May 3, 2012 to Nov. 19, 2013

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=693750

Corporate Rating Methodology: Including Short-Term Ratings and Parent and Subsidiary Linkage

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=715139

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Contacts

Fitch Ratings
Monica Aggarwal, CFA
Senior Director
+1-212-908-0282
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Philip Zahn, CFA
Senior Director
+1-312-606-2336
or
Isabel Hu, CFA
Director
+1-212-908-0672
or
Media Relations:
Brian Bertsch, +1-212-908-0549 (New York)
brian.bertsch@fitchratings.com

Sharing

Contacts

Fitch Ratings
Monica Aggarwal, CFA
Senior Director
+1-212-908-0282
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Philip Zahn, CFA
Senior Director
+1-312-606-2336
or
Isabel Hu, CFA
Director
+1-212-908-0672
or
Media Relations:
Brian Bertsch, +1-212-908-0549 (New York)
brian.bertsch@fitchratings.com