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


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


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


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?


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...]

JCPenney Again Denies Rumors as Shares Take a Hit


Plano, TX—Shares of JCPenney took another beating today as the beleaguered department store once again had to quash rumors that it … [Read more...]

JCPenney Taps Top Kraft Executive to Be Marketing Chief


Plano, TX—JCPenney today filled a longstanding vacancy on its top executive list. Confirming rumors, the department store named … [Read more...]

Week in Review: 10 Things to Remember


New York—There are rumors that prove true…and rumors that turn out to be false.  Such is frequently the case in retail and this … [Read more...]

JCPenney Rebuts Credit Stoppage Reports


Plano, TX—JCPenney today denied rumors that one of its factors had stopped supporting deliveries to the financial beleaguered … [Read more...]