Walter Loeb


The Controversial William Ackman Leaves JCPenney’s Board

Bill Ackman

Plano, TX—In an effort to calm the riff that erupted publicly among JCPenney’s board of directors, William Ackman, the activist … [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...]

JCPenney’s Q4 Results: The “Worst in Retail History?”

700 Joe Fresh shops are being rolled out in JCPenney stores this spring.

Plano, TX—The quarterly report due after market close on Wednesday was expected to be bad, but it was even worse than … [Read more...]

Private Label Job Cuts Ahead at JCPenney?

Joe Fresh for JCP

Plano, TX—The news from JCPenney’s yet-to-be-released its fiscal 2012 fourth quarter report isn’t expected to be too good (sales … [Read more...]

Holiday Shoppers: Half Still Have to Begin Their Shopping!

christmas-shopping

Port Washington, NY–With just 10 days until Christmas, only 15% of American consumers say they have completed their holiday … [Read more...]