Myron "Mike" Ullman

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


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


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...]

JCPenney, Aldo Team Up for Shop-In-Shop Concept

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...]