JCPenney


JCPenney Q1 Report Gives Optimism for Turnaround

JCPenney storefront

Plano, TX—A narrowed first quarter loss along with a rebound in comparable store sales by JCPenney gave hope that the department … [Read more...]

Week in Review: 10 Things to Know

Tim Belk of Belk Stores accepts the FABB Achievement Award at last week's 25th annual FABB

New York—Sometimes it seems like retail just isn’t going to shake the chill of the polar vortex. As retail earnings season is in … [Read more...]

Week in Review: Looking Forward—and Backward

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New York—Get ready to put on your high hat…or a wide hat this year.If you’ve been keeping up with daily chronicles from the … [Read more...]

JCPenney Gets Pounce from “Improved” Q4 Report

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Plano, TX—With its better-than-expected fourth quarter report released Wednesday afternoon JCPenney says it’s well on its way to a … [Read more...]

Week in Review: Top 10 Articles of Note

A romantic embrace in a Michael Kors Valentine's promotion

New York—Well it’s New York Fashion Week a designer’s delight. This time around, there’s one designer who must be ecstatic even … [Read more...]

Storms, Shopper Fatigue Chill January Comp Sales

Frigid temperatures and heavy snowfall stymied shoppers and retail employees last month

New York—January is normally the slowest month at retail, but this year the Arctic whammy from a polar vortex chilled sales more … [Read more...]

JCPenney Shares Drop Despite Positive Comp Sale Report

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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...]