Myron "Mike" Ullman


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...]

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...]

JCPenney Doubles 1st Quarter Income, Raises Full Year Guidance

JCPenney storefront

Plano,TX--JCPenney Co. reported today that its first-quarter net income more than doubled as the department store  benefited from … [Read more...]

JCPenney Targets $23 Billion in Sales by 2014

JCPenney storefront

Plano, TX--JC Penney is aiming to add $5 billion in sales to hit a $23 billion target by 2014, the company has told investors and … [Read more...]