Myron "Mike" Ullman


JCPenney Posts Flat Q2 as Margins Decrease

JCPenney Logo

Plano, TX—JCPenney reported today that its second quarter profit was basically flat compared to a year ago and forecast a … [Read more...]

JCPenney Clarifies Johnson’s CEO Start Date

Ron Johnson

Plano, TX—While everyone from Silicon Valley to Seventh Avenue has been buzzing about Apple Inc.’s senior vice president of retail … [Read more...]

Apple Retail Head to Helm JCPenney

Ron Johnson

Plano, TX—Ron Johnson, Steve Job’s senior vice president of the highly touted Apple stores, was named today chief executive … [Read more...]

JCPenney Posts Q1 Profit Rise on Cost Cutting, Exclusive Brands

JCPenney storefront

Plano, TX--JCPenney reported today a 6.7% increase in first-quarter profit, helped by its cost-cutting restructuring and demand … [Read more...]

Q4 Profit Updates: JCPenney Jumps, Gap Improves

JC Penny

JCPenney Posts 35% Q4 Profit Increase Plano, TX—JCPenney posted today a 36% increase in its fourth quarter profit as sales of … [Read more...]

JCPenney to Unveil New Logo During Academy Awards

JCPenney new logo

Plano, TX—JCPenney wants to modernize its image and what better place to start than the central zone for image-making itself: The … [Read more...]

JCPenney Adds Ackman to Board, Exits Catalog Business

Bill Ackman

Plano, TX—While announcing plans to close under-performing stores and exit its catalog business, JCPenney said today it would be … [Read more...]

JCPenney Q3 Profits Up, Misses Sales Forecast

JCPenney

Plano, TX--JCPenney reported today that its third quarter profit exceeded expectations as it controlled costs and consumers … [Read more...]

JCPenney Enacts Poison Pill After Ackman Buy

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

Plano, TX—JCPenney adopted today an anti-takeover defense, after hedge fund manager Bill Ackman and Vornado Realty Trust bought … [Read more...]

JCPenney Announces Stores Openings, Renovation Plans

JCPenney

Plano, TX—JCPenney announced plans to expand into "underserved" major markets as part of its long-range plan that also includes … [Read more...]

JCPenney 2Q Profits Increase, But Conservative on Full Year

JCPenney storefront

Plano, TX—JCPenney Co. reported today better-than-expected quarterly profits, helped by improved cost controls and its expansion … [Read more...]

Liz Claiborne Arrives At JCPenney Stores

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...]