JCPenney


Another Vestige of Johnson-Era JCPenney Ends

JCPenney

Plano, TX—Another top executive brought into JCPenney during the tenure of ousted CEO Ron Johnson has left. What’s more, her … [Read more...]

Week in Review: Must Reads from the Web

H&M

New York—Legal issues have their ups and downs—no where was that fact highlighted more than in the past week. For fashion brands … [Read more...]

JCPenney Reinstates Dress Code for Associates

JCPenney

Plano, TX—Myron “Mike” Ullman, the interim chief executive who returned to steer JCPenney after the disastrous tenure of Ron … [Read more...]

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

JCPenney

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

JCPenney

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?

JCPenney

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