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JCPenney Co.

  • J.C. Penney puts retail veteran in charge of new center core strategy

    Plano, Texas — J.C. Penney Co. has named Laurie Beja Miller as executive VP The Square, a position in which she will lead the company’s efforts to execute its new center core strategy. The appointment follows J.C. Penney’s previously plans to transform its stores by adding some 100 in-store branded shops and converting the center of its stores to a “Town Square” area that offer various services.

  • JCPenney squares off strategy with new appointment

    PLANO, Texas — JCPenney is looking to make its department store a destination for more than just shopping, and has named a new executive to help lead the charge. Assuming the role of EVP, The Square is Laurie Beja Miller, who will oversee the company's new center core strategy that will serve as a gathering place with ongoing attractions and services, JCPenney announced. Miller will join JCPenney on April 1, and report to CEO Ron Johnson. 

  • J.C. Penney names top merchant

    New York City -- J.C. Penney Co. has promoted Elizabeth Sweney to the position of chief merchant, Women’s Wear Daily reported.

    Sweney is a 12-year-company veteran. She served as executive VP and general merchandise manager of women’s apparel.

  • Liz Claiborne swings to Q4 profit on sale of brands, but revenue down

    New York City -- Liz Claiborne Inc. swung to a fourth-quarter profit, buoyed by gains from sales of certain brands and trademarks, including the sale of its namesake brand to J.C. Penney. But the company's total revenue came in well below expectations, hurt by the faltering performance of its Juicy Couture division.

  • Home Depot extends deal with Martha Stewart, will expand product line

    Atlanta -- The Home Depot and Martha Stewart Living Omnimedia have extended their agreement to offer Martha Stewart Living-branded products at Home Depot stores through 2016. The line launched in 2010.

    The chain currently offers paint, outdoor furniture, kitchen and bath cabinetry and carpeting under the Martha Stewart brand currently. It plans to expand its product lineup with a new craft furniture line and more holiday merchandise.

  • JCPenney’s Q4 loss afterthought amid talk of transformation

    Fourth-quarter same-store sales at JCPenney declined 1.8%, and the company lost $87 million, but those details are being overlooked for the time being as execution of the transformation strategy envisioned by CEO Ron Johnson began less than a month ago.

  • J.C. Penney posts Q4 loss of $87 million amid restructuring, revamp charges

    Dallas -- J.C. Penney Co. swung to a loss of $87 million in the fourth-quarter, compared with a profit of $271 million in the year-ago period. The chain’s results were dragged down by restructuring and management transition charges, as well as costs tied to its new pricing strategy.

  • Amazon, Publix, Nordstrom, Costco among top performers in customer satisfaction

    Ann Arbor, Mich. -- Publix Super Markets and Nordstrom are the highest ranked bricks-and-mortar retailers in a report released Tuesday by the American Customer Satisfaction Index (ACSI). While supermarkets overall are up 1.3% to 76, Publix remains the grocer to beat, with a score of 84.

    The best of the best among all retailers — traditional or online — is Amazon, with a score of 86, followed by online retailer Newegg at 85. Next in line are two more websites: Overstock at 83 and eBay at 81.

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