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JCPenney Co.

  • Three major malls to be revamped

    Chattanooga, Tenn. -- Mall owner CBL & Associates Properties said Thursday that, in 2013, it will complete multi-million dollar renovations at three major malls: Friendly Center in Greensboro, N.C.; Greenbrier Mall in Chesapeake, Va.; and The Mall of Acadiana in Lafayette, La.

  • NY Post: J.C. Penney’s Johnson pushes vendors to inflate pricing

    New York -- In a Thursday report by the New York Post citing unnamed sources, the publication said that J.C. Penney CEO Ron Johnson is pushing some of its vendors to inflate their pricing so that the department store’s retail pricing appears lower than it actually is.

    Sources told The Post that the plan includes putting up signs and fixturing to display fabricated retail pricing, while the merchandise is then tagged with J.C. Penney’s own lower prices.

  • Retailer tech deployments in the spotlight at NRF

    New York -- From solutions having to do with enterprise business intelligence to mobility, there were a host of retail technology deployments announced at the National Retail Federation’s 102nd Annual Convention & Expo. Here is a quick recap of some key applications:

  • DDR expands Puerto Rico redevelopment program

    Beachwood, Ohio -- DDR Corp. announced Tuesday that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.

    "Increased demand for quality retail space in this supply-constrained market has created unique value-add opportunities in many of our most productive assets," said Paul Freddo, senior EVP leasing and development, DDR. "By executing our strategic redevelopment plan, we are creating attractive opportunities for our key domestic tenants to establish or expand their presence on the island."

  • PayPal extends reach to 23 retailers nationwide

    New York -- PayPay announced Monday that a total of 23 national retailers are now signed up to accept PayPal in their stores, making the payment solution accepted in more than 18,000 physical retail locations. PayPay also announced that Jamba Juice is testing an order-ahead feature that allows customers to place an order, select a time for pick-up, and pay in advance via the PayPal App – so when they arrive, they can save time and skip the line, grab their food and be on their way.

  • CBL acquires interest in Kirkwood Mall

    Bismarck, N.D. -- Chattanooga, Tenn.-based CBL & Associates Properties announced Thursday that it plans to acquire Kirkwood Mall, located in Bismarck, N.D., from Radiant Partners.

  • J.C. Penney selects Microsoft Office 365 to elevate service, communications

    Redmond, Wash. -- Microsoft announced that J.C. Penney is rolling out Microsoft Office 365 as part of its effort to simplify and modernize technology solutions.

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