J.C. Penney Co. announced that it is eliminating approximately 350 positions at its headquarters in Plano, Texas, completing a reorganization of its corporate office that it said was designed to create a leaner and more simplified operating structure.
Ron Johnson, CEO of J.C. Penney, will answer questions from investors at the Piper Jaffray 32nd Annual Consumer Conference in New York City on June 5, 2012.
The ax has fallen at J.C. Penney Co. The company on Thursday laid off 600 workers from its corporate headquarters Plano, Texas, as its looks to streamline its business model amid a major reinvention of the business.
J. C. Penney Co. has tapped another former Apple executive to join its executive ranks. J. C. Penney announced that Kristen E. Blum has been named executive VP and chief technology officer, effective Jan. 23.
Office Depot announced that Office Depot stores in Plano, Texas; Raleigh, N.C.; and Tallahassee, Fla., won the top three spots for retail energy efficiency gains in the 2011 U.S. Environmental Protection Agency’s (EPA) Energy Star National Building Competition.
J.C. Penney Co. reported Friday that net income for the quarter ended July 30 was flat at $14 million, citing aggressive markdowns for a lackluster performance that fell below Wall Street expectations.
In a notification to Connecticut’s labor department, J.C. Penney Co. said it will lay off 442 workers at J.C. Penney’s distribution center in Manchester, Conn.
Inland Western, based in Oak Brook, Ill., said that its Shops at Legacy, in Plano, Texas, has partnered with Smart Choice to launch a mobile personal shopping assistant app.
The Weitzman Group/Cencor Realty Services said that Just Fitness 4 U has leased 21,577 sq. ft. of anchor space in Spring Creek Marketplace, a shopping center located in Plano, Texas, for its fifth Dallas/Ft. Worth location.
J. C. Penney Co. announced Wednesday that its board of directors has elected William A. Ackman, founder and CEO of Pershing Square Capital Management, and Steven Roth, chairman of the board of Vornado Realty Trust, as directors.