Plano, TX—While everyone from Silicon Valley to Seventh Avenue has been buzzing about Apple Inc.’s senior vice president of … [Read more...]
Myron "Mike" Ullman
Apple Retail Head to Helm JCPenney
Plano, TX—Ron Johnson, Steve Job’s senior vice president of the highly touted Apple stores, was named today chief executive … [Read more...]
June 14, 2011 -
JCPenney Posts Q1 Profit Rise on Cost Cutting, Exclusive Brands
Plano, TX--JCPenney reported today a 6.7% increase in first-quarter profit, helped by its cost-cutting restructuring and demand … [Read more...]
May 16, 2011 -
Q4 Profit Updates: JCPenney Jumps, Gap Improves
JCPenney Posts 35% Q4 Profit Increase Plano, TX—JCPenney posted today a 36% increase in its fourth quarter profit as sales of … [Read more...]
February 25, 2011 -
JCPenney to Unveil New Logo During Academy Awards
Plano, TX—JCPenney wants to modernize its image and what better place to start than the central zone for image-making itself: … [Read more...]
February 24, 2011 -
JCPenney Adds Ackman to Board, Exits Catalog Business
Plano, TX—While announcing plans to close under-performing stores and exit its catalog business, JCPenney said today it would be … [Read more...]
January 24, 2011 -
JCPenney Q3 Profits Up, Misses Sales Forecast
Plano, TX--JCPenney reported today that its third quarter profit exceeded expectations as it controlled costs and consumers … [Read more...]
November 12, 2010 -
JCPenney Enacts Poison Pill After Ackman Buy
Plano, TX—JCPenney adopted today an anti-takeover defense, after hedge fund manager Bill Ackman and Vornado Realty Trust bought … [Read more...]
October 18, 2010 -
JCPenney Announces Stores Openings, Renovation Plans
Plano, TX—JCPenney announced plans to expand into "underserved" major markets as part of its long-range plan that also includes … [Read more...]
September 28, 2010 -
JCPenney 2Q Profits Increase, But Conservative on Full Year
Plano, TX—JCPenney Co. reported today better-than-expected quarterly profits, helped by improved cost controls and its expansion … [Read more...]
August 13, 2010 -
Liz Claiborne Arrives At JCPenney Stores
Plano, TX--JCPenney launches this week the Liz Claiborne in its stores in the United States and Puerto Rico, the culmination of … [Read more...]
August 10, 2010 -
JCPenney, Aldo Team Up for Shop-In-Shop Concept
Plano, TX and Montreal—JCPenney and Aldo USA announced today that the department store would be the exclusive U.S. retailer for … [Read more...]
June 30, 2010 -
