Content about J. C. Penney

March 10, 2014

Two major J.C. Penney Co. Inc. executives who left the company in April 2013 did so without receiving severance pay.

February 26, 2014

In a sign of some progress in its turnaround efforts, J.C. Penney Co. reported a net profit of $35 million for the fourth quarter ended Feb. 1, 2014, compared to a loss of $552 million a year ago.

February 18, 2014

J.C. Penney Company has named Ed Record as CFO, effective March 24. He will also serve as executive VP.

February 13, 2014

J. C. Penney Company, Inc. has named Ed Record executive VP and CFO, effective March 24. He will succeed Ken Hannah, who will remain CFO through that date to ensure a smooth transition.

February 6, 2014

J.C. Penney Company has entered into a new partnership to develop the vacant land around its Plano, Texas, home office in the Legacy Business Park.

February 4, 2014

J.C. Penney Company said its same-store sales rose 2% in the fourth quarter, which included the holiday season.

January 28, 2014

J.C. Penney Co. is amending its stockholder rights plan as part of move to protect its ability to use certain funds that can be used for tax benefits.

January 22, 2014

J.C. Penney Co. released its 2013 Sustainability Report, outlining sustainability initiatives pursued during fiscal year 2012 ended Feb. 2013.

January 16, 2014

CBL & Associates Properties has announced future redevelopment and replacement plans for J.C. Penney anchor locations in the CBL portfolio that are expected to close this year.

January 15, 2014

J. C. Penney Company announced that as part of its turnaround efforts it will close 33 underperforming stores across the country.

January 8, 2014

J.C. Penney issued a brief statement on Wednesday saying that it was "pleased” with its performance for the holiday selling period, and reaffirmed its fourth quarter fiscal 2013 guidance for increased same-store sales.

January 3, 2014

On the heels of earlier reports that Macy’s and Martha Stewart Living Omnimedia were able to reach a settlement in their ongoing legal dispute over Martha Stewart sales at J.C. Penney, reports surfaced on Friday that Macy’s and Penney were unable to find their own agreement.

January 2, 2014

Macy’s and Martha Stewart Living Omnimedia have reached a confidential settlement in their ongoing legal dispute over whether Martha Stewart breached a contract by selling certain goods at J.C. Penney Co.

December 12, 2013

J.C. Penny will eliminate the jcp menswear brand and reduce the assortments in its Joe Fresh, Michael Graves and Martha Stewart lines, Reuters reported.

December 3, 2013

J. C. Penney said that its same-store sales rose 10.1% for the fiscal month ending November 30, 2013.

November 26, 2013

Myron Ullman, CEO of embattled department store chain J.C. Penney, has reportedly bought $1 million of company stock.

November 25, 2013

J.C. Penney will no longer be included on the Standard & Poor’s 500 Index.

November 20, 2013

H.J. Martin and Son helped J.C. Penney add two new in-store shops: Disney and GiggleBaby.

November 20, 2013

J.C. Penney posted a bigger-than-expected loss for its third quarter.

November 19, 2013

Target, Kohl’s, Costco, Macy’s and Old Navy, with an honorable mention to J.C. Penney, are the holiday 2013 retail winners, according to business intelligence provider Prosper Insights & Analytics. The firm on Tuesday released its Holiday 2013 Retail Winners & Losers list at the Morgan Stanley Global Consumer and Retail Conference.

November 7, 2013

J.C. Penney says it is making continued progress in its turnaround after reporting some strong financial results for October 2013.

November 4, 2013

In media interviews of late, Beth Newlands Campbell, the new CEO of Food Lion, has been offering reporters a frank assessment of the supermarket chain’s ho-hum, middle-of-the-road situation: “Staying the same,” she explains, “is not an option.”

October 31, 2013

J.C. Penney has secured Energy Star certifications in over 500 stores, one supply chain facility and its home office, far surpassing the company’s initial goal of having 400 locations certified by the end of 2013.

October 28, 2013

J.C. Penney Co. reassured investors that sales trends are improving and reaffirmed its forecast calling for positive same-store sales results in the third quarter, Reuters reported.

© 2014