JCPenney


Week in Review: 10 News Must-Reads

Miley Cyrus at the VMA Awards

New York—For many, the big M this week was all about Miley Cyrus, the ex-Disney-star-turned-twerking-vamp whose antics at the VMAs … [Read more...]

After Selling Majority Stake, William Ackman Finally Departs JCPenney

William Ackman, hedge fund manager and the founder of Pershing Square Capital, JCPenney's largest shareholder

New York—After a controversial and often contentious tenure as JCPenney’s largest shareholder and member of its board of … [Read more...]

JCPenney Adopts “Poison Pill” Plan

JCPenney

Plano, TX—In an effort to stem any possible hostile takeover attempt should its major stakeholder, William Ackman of Pershing … [Read more...]

Week in Review: News to Remember

Proenza Schouler handbags at Saks Fifth Avenue

New York—It’s the height of earnings season, when retailers both small and large report their sales and profits for the last … [Read more...]

JCPenney Q2 Loss Nearly $600 Million, Sales Down 12%

JCPenney

Plano, TX—No one was expecting good news at JCPenney’s second quarter report released today, but the struggling department store … [Read more...]

JCPenney to Allow Ackman to Sell a Majority Stake

JCPenney

Plano, TX—William Ackman, the activist board member at JCPenney whose Pershing Square Capital hedge fund is the retailer’s largest … [Read more...]

Week in Review: Must-Know News

Woman_Shoes

New York—Some Wall Street analysts referred to it as a “frat boy fight” this week when William Ackman, the hedge fund founder and … [Read more...]

The Controversial William Ackman Leaves JCPenney’s Board

Bill Ackman

Plano, TX—In an effort to calm the riff that erupted publicly among JCPenney’s board of directors, William Ackman, the activist … [Read more...]

Battle Lines Between JCPenney Board, William Ackman Growing

William Ackman, hedge fund manager and the founder of Pershing Square Capital, JCPenney's largest shareholder

Plano, TX—Ahead of JCPenney’s second quarter earnings report scheduled for next week, the latest news about the retailer centers … [Read more...]

JCPenney’s Largest Shareholder and Board in a Public Spat

William Ackman, founder/ceo of Pershing Square Capital, the hedge fund that is JCPenney's largest shareholder.

Plano, TX—In fighting among JCPenney’s board of directors heated up today with William Ackman, whose Pershing Square Capital is … [Read more...]

Week in Review: Top News to Know

One of the striking colored fur accessories resulting from the collaboration between Bryan Boy and Adrienne Landau

New York—Struggling JCPenney once again made headlines several times this week in what turned out to be a roller coaster of share … [Read more...]

JCPenney Steps Up Search for Permanent CEO?

JCPenney

Plano, TX—After seeing its shares plummet on Wednesday to their lowest in more than 12 years, JCPenney saw its shares jump nearly … [Read more...]