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JCPenney Co.

  • RFID lives at fourth annual forum next month

    The prospect of learning how RFID can improve supply chain performance and the bottom line is the focus of the fourth annual RFID Forum to be held Oct. 25 to 26 in Fayetteville, Ark. The event is a creation of the Council of Supply Chain Management Professionals (CSCMP), the University of Arkansas RFID Research Centers and the Voluntary Interindustry Commerce Solutions (VICS) Association.

  • J.C. Penney pulls back a bit on holiday expectations

    New York City -- Speaking at the Goldman Sachs 18th Annual Global Retailing Conference in New York City, Myron Ullman III, chairman and CEO of J.C. Penney Co., expressed confidence that the chain is well positioned for the holiday selling season. However, he noted that uncertain economic conditions have caused the chain to pull back on its expectations.

    Ullman noted that customers are still purchasing promotionally priced items along with full-priced goods.

     

  • Irene hits department stores in August; Macy’s still beats Street, Kohl’s and J.C. Penney fall short

    New York City -- Macy’s reported that its same-store sales rose 5% in August, beating estimates. The retailer said sales would have been higher by 1.5% points without the impact of Hurricane Irene. Industry analysts had warned that the storm would impact department stores and specialty retailers the most as consumers focused on buying generators and other emergency and recovery items versus back-to-school and discretionary products.

  • New execs join Hot Topic

    CITY OF INDUSTRY, Calif. — Hot Topic has announced that two new executives have joined the company, Don Hendricks as CIO and Jeff Allison as SVP planning and allocation.

    Hendricks will lead all information technology for Hot Topic Inc. Prior to joining Hot Topic, Hendricks was the CIO at Gymboree Corp. where he led many successful major systems implementations. In addition to his IT responsibilities, Hendricks was also responsible for distribution and logistics.

  • Fast food goes high tech at The Melt

    New York City -- Grilled cheese and soup is the signature calling card at The Melt, a start-up restaurant concept debuting in San Francisco with big plans for the future. The Melt expects to have five eateries up and running in the Bay Area by yearend -- with plans to expand to over 500 locations nationally by 2015.

  • The Melt, San Francisco

    The Melt, a new quick-serve restaurant in San Francisco, is built around a basic but classic menu option: the grilled cheese and soup combination. But it leverages the latest technology to provide ordering convenience and innovative food preparation, delivering made-to-order grilled cheese sandwiches and soups in less than 90 seconds.

  • Report: J.C. Penney CEO to receive big exit payout

    New York City -- J.C. Penney Co. CEO Myron "Mike" Ullman is on track to receive a hefty exit package when he retires from the company in early 2012. The package currently is valued at about $30.7 million, according to an analysis prepared for The Wall Street Journal.

    Ullman will be succeeded by Apple retail guru Ron Johnson.

  • Granite Run Mall’s Leasing Chalkboard

    When Washington, D.C.-based Madison Marquette took over the leasing and management duties for Granite Run Mall, located in Media, Pa., near Philadelphia, it launched an innovative program for soliciting shopper feedback.

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