Content about J. C. Penney

September 4, 2014

J.C. Penney Co. is testing new design treatments, merchandise presentations and service options at its new — and first ever — location in Brooklyn, New York.

September 4, 2014

Shoppers spent $50.17 billion online during the 2014 back-to-school shopping season, which represents a 16% gain from $43.26 billion in the year-ago period, according to eMarketer.

September 2, 2014

J.C. Penney Company is launching a new online sports store on its e-commerce site that will be powered by Fanatics, an online retailer of officially licensed sports merchandise.

August 14, 2014

J.C. Penney answered Wall Street questions about whether or not the struggling department store retailer could stage a comeback -- by posting better-than-expected profit and revenue in the second quarter.

August 5, 2014

J.C. Penney Company will open its first-ever store in Brooklyn, further increasing its New York City footprint, on Aug. 29.

July 16, 2014

J.C. Penney Company announced the launch of a new back-to-school marketing campaign that celebrates self-expression, showing how the perfect fit inspires kids to stand out and feel one-of-a-kind.

July 16, 2014

J.C. Penney has teamed up with NBC’s “Today Show” to display five mannequins created in the image of real Americans in the windows of its store in Manhattan.

July 14, 2014

Mindy Grossman, the chief executive of HSN Inc., reportedly declined an offer to become CEO of J.C. Penney Company in May.

July 9, 2014

Ron Johnson, who has been keeping a low profile since he was ousted from J.C. Penney in April 2013, made a rare guest appearance at Stanford University.

July 2, 2014

J.C. Penney has filed an appeal of a June 16 ruling by the New York State Supreme Court that it "tortuously" interfered with Macy’s 2006 contract with Martha Stewart Living Omnimedia when Penney entered into its own contract with Martha Stewart in 2011.

June 23, 2014

J. C. Penney Company announced today that it has closed its new $2.35 billion asset-based senior secured credit facility, comprised of a $1.850 billion revolving line of credit and a $500 million term loan.

June 16, 2014

In a long-awaited ruling handed down Monday by the New York State Supreme Court, J.C. Penney has been found to have "tortiously" interfered with Macy’s 2006 contract with Martha Stewart Living Omnimedia when Penney entered into its own contract with Martha Stewart in 2011.

May 15, 2014

J.C. Penney topped expectations for the first quarter, reporting a 6.2% increase in same-store sales that easily topped views.

March 24, 2014

In a March 21 regulatory filing, J.C. Penney Co. Inc. said it does not expect the result of a lawsuit filed by Macy’s Inc. alleging that Penney was selling Martha Stewart Living products in violation of an exclusivity agreement to have a significant negative impact on its results.

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.

© 2014