JCPenney


JCPenney Shares Drop Despite Positive Comp Sale Report

JCPenney

Plano, TX—Shares of JCPenney dropped to their lowest levels in 50 years on Tuesday despite the department store reporting its … [Read more...]

Report: JCPenney Engages in “Price Achoring”?

JCPenney

Plano, TX—JCPenney’s stock has been volatile in recent weeks mostly due to speculation about the struggling department store’s … [Read more...]

JCPenney Boasts Gains in Latest Sustainability Report

JCPenney storefront

Plano, TX—In many ways 2012 was the annus horribilis for JCPenney. The department store posted a $985 million loss, not to mention … [Read more...]

New Call to Replace JCPenney’s CEO

JCPenney CEO Myron "Mike" Ullman has been credited with being a stabilizing factor after the tumult of ex-CEO Ron Johnson's tenure.

Plano, TX—Just about four months after former board member and hedge fund owner William Ackman sold his stake in JCPenney after he … [Read more...]

Week in Review: Top Must-Read Articles

anna wintour

New York—It wasn’t as frigid this week as last, but many retailers probably felt a chill.Citing reasons such as light traffic, … [Read more...]

JCPenney to Close 33 Stores, Cut 2,000 Jobs

JCPenney Store

Plano, TX—JCPenney once again shook Wall Street analysts late Wednesday when the struggling retailer reported its plans to close … [Read more...]

Holiday Sales Results Come in at NRF Expectations

nrfxmas

New York—The U.S. Department of Commerce released today its December retail sales results which showed moderate increases. The … [Read more...]

Week in Review: Chills at Retail and Everywhere

Google Glass on the runway. Consumer interest in wearable tech is on the rise, NPD reports

New York—Americans just can’t seem to stop talking about the Arctic blast (known as the “polar vortex”) that froze nearly everyone … [Read more...]

JCPenney “Pleased” with December Sales, Wall Street? Not So Much

jcpenneyxmas

Plano, TX—JCPenney reported today that it was “pleased” with its holiday sales performance. However, Wall Street responded to the … [Read more...]

Year in Review: Top Must-Read News from 2013

Hermes claimed victory this year in its long-running dispute with LVMH.

New York--If you had to name one subject that consistently made news throughout 2013, you would have to undoubtedly say … [Read more...]

Holiday Survey: Lowest Retailer Retention in 10 Years

last-minute-gift-ideas

Charleston, SC/Winston-Salem, NC—With less than two days to Christmas, U.S. retailers are still scrambling to grab the final third … [Read more...]

Holiday Pressure: November Comp Sales Disappointing

Holiday Sales 2013

New York— Black Friday creep—expanding sales and promotions beyond the traditional one the Friday after Thanksgiving—may have had … [Read more...]