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Jc Penney Sales

Did That Really Just Happen?

AP | By ANNE D'INNOCENZIO and MICHELLE CHAPMAN | Posted 04.06.2014 | Business

NEW YORK (AP) — The first increase in more than two years for a key sales measure at J.C. Penney was not enough to win over Wall Street, which punis...

DUMPED

AP | By STEVE ROTHWELL | Posted 01.23.2014 | Business

NEW YORK (AP) — J.C. Penney is getting booted from the Standard & Poor's 500 index after losing more than half of its market value this year. ...

J.C. Penney Just Lost Two Major Investors

Reuters | Svea Herbst-Bayliss | Posted 08.15.2013 | Business

BOSTON (Reuters) - Two large investors in J.C. Penney Co exited the ailing retailer during the second quarter, according to new regulatory filings, b...

Hitler Teapot Creator: 'Bring On The Controversy'

CNBC | Amy Langfield | Posted 06.10.2013 | Business

CNBC: Michael Graves, one of America's most influential postmodern architects, is somewhat amused he is now Internet famous for a completely unin...

Retailer Accused Of Hiking Prices -- To Slash Them

The Huffington Post | Ryan Grenoble | Posted 06.06.2013 | Business

"The more you spend," goes the old adage, "the more you save." And while that tired phrase may have never made much sense, it's apparently even mor...

JC Penney Apology Is On the Mark

Julia Huang | Posted 07.10.2013 | Business
Julia Huang

JC Penney has more than 100 years of retail success. It would be a shame if 17 months of regression wipes out the strides the company has made to be an inclusive, dynamic and trend-setting industry leader.

CEO Gets 97 PERCENT Pay Cut

AP | By MAE ANDERSON | Posted 06.02.2013 | Business

NEW YORK (AP) — The CEO of struggling department store J.C. Penney saw his 2012 compensation package plummet nearly 97 percent to about $1.9 million...

J.C. Penney Cuts Thousands Of Jobs

Reuters | Posted 03.07.2013 | Business

(Reuters) - J.C. Penney Co Inc said it has recently laid off about 2,200 employees at 100 of its stores and district offices, the latest move by the ...

Bad News For J.C. Penney

Reuters | Posted 02.27.2013 | Business

Feb 27 (Reuters) - J.C. Penney Co Inc reported on Wednesday that sales at stores open at least a year fell 31.7 percent in the fourth quarter, steeper...

Big Change Coming To J.C. Penney

AP | ANNE D'INNOCENZIO | Posted 03.30.2013 | Business

NEW YORK — J.C. Penney is bringing back sales. The struggling department store chain this week will begin adding back some of the hundreds of s...

JC Penney Struggles Not To Be Your Grandmother's Store

AP | ANNE D'INNOCENZIO | Posted 11.19.2012 | Business

NEW YORK -- J.C. Penney CEO Ron Johnson seems unfazed that the department store chain's mounting losses and sales declines have led to growing critici...

Store Announces Free Haircuts For Kids

AP | ANNE D'INNOCENZIO | Posted 11.10.2012 | Money

NEW YORK — Children who missed the opportunity to get a free haircut at J.C. Penney last month will get plenty more chances. After an overwhelm...

Soon You Will Be Able To Buy Items On 'Clearance' At J.C. Penney

AP | MAE ANDERSON | Posted 07.26.2012 | Business

NEW YORK -- J.C. Penney is changing its pricing – again. Just six months after the mid-priced department store chain got rid of the hundreds of...

Major Retailer Sees Huge Loss After Strategy Shift Backfires

AP | ANNE D'INNOCENZIO | Posted 07.15.2012 | Business

NEW YORK — Turns out, J.C. Penney shoppers don't prefer predictable pricing over blockbuster bargains – at least not yet. The department-...