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JCPenney Appoints Former Home Depot, Target Execs to Strengthen Online Services

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Plano, TX—JCPenney still has a long road to recovery, but that highway may have a direct route—its omnichannel business. JCPenney has invested in its online business and has expanded its online merchandise assortment. For instance, according to JCPenney, “there’s a 20% chance that customers who take advantage of the buy …

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NRF Applauds JCPenney’s Congressional Testimony on Patent Trolls

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Washington—The NRF congratulated today JCPenney for its testimony in front of a House Energy and Commerce Subcommittee hearing on patent reform, at which JCPenney Senior Managing Counsel Diane Lettelleir testified. According to NRF Senior Vice President for Government Relations David French, “Patent trolls impact every segment of the United States economy, …

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JCPenney Announces Closing of 40 Stores by April

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Plano, TX–JCPenney announced that it will be closing 40 of its approximately 1,060 stores by April. The stores are in Georgia, Iowa, Illinois, Indiana, Massachusetts, Michigan, North Carolina, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Virginia, Vermont and Wisconsin. Earlier this week the retailer …