JCPenney


JCPenney Q1 Loss More Than Doubles

JCPenney recently hailed the return of its private label brand, St. John's Bay, which Ron Johnson had eliminated.

Plano, TX—"We recognize the magnitude of the challenges that we face, and we believe we can put JCPenney back on a pathway to … [Read more...]

JCPenney Warns Its Q1 Sales Will Be Down 16.4%

JCPenney

Plano, TX—Ahead of its first quarter earnings report next week, JCPenney revealed Tuesday night that its total sales and … [Read more...]

Week in Review: Top Fashion Stories on the Web

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New York—While next week, NY Market Week, kicks off Sunday with both Cinco de Mayo and AccessoriesTheShow, there’s been no … [Read more...]

JCPenney to Customers: “We Learned From Our Mistakes”

JCP Listens

Plano, TX—It’s a seldom seen tactic from a major retailer: apologizing to its customers for a litany of mistakes. But if you’re … [Read more...]

JCPenney Rehires Ken Mangone to Head Product Development

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Plano, TX—Myron “Mike” Ullman, JCPenney’s recently returned chief executive, isn’t the only top executive to do an encore at  the … [Read more...]

JCPenney to Draw $850 Million From Credit Line

JCPenney

Plano, TX—JCPenney revealed today that it has drawn $850 million from its $1.85 billion revolving credit facility to help buy … [Read more...]

Report: JCPenney Hires Consultants to Raise $1 Billion

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Plano, TX—Beleaguered JCPenney, which fired its CEO Monday after only 17 months, reportedly has hired the Blackstone Group LP’s … [Read more...]

Johnson Out, Ullman In, But Questions About JCPenney Remain

Myron "Mike" Ullman returns as JCPenney CEO

Plano, TX—For most followers of retail, especially analysts, it was only a matter of time before Ron Johnson, the Apple retail wiz … [Read more...]

JCPenney’s SEC Filing Reports 43,000 Fewer Employees?

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Plano, TX—The required filings and statements that public companies must supply the Securities and Exchange Commission (SEC) are … [Read more...]

JCPenney’s Q4 Results: The “Worst in Retail History?”

700 Joe Fresh shops are being rolled out in JCPenney stores this spring.

Plano, TX—The quarterly report due after market close on Wednesday was expected to be bad, but it was even worse than … [Read more...]

Holiday Markdowns Sting Kohl’s Q4 Results, Outlook Disappoints

Kohl's Spring Break promotion: the department store expects

Menomonee Falls, WI—Stung by higher markdowns during the holiday season, Kohl’s Corp. reported Wednesday a lower fourth quarter … [Read more...]

Private Label Job Cuts Ahead at JCPenney?

Joe Fresh for JCP

Plano, TX—The news from JCPenney’s yet-to-be-released its fiscal 2012 fourth quarter report isn’t expected to be too good (sales … [Read more...]