Skip to main content

JCPenney Co.

  • J.C. Penney marketing chief Boylson retires

    Plano, Texas -- J.C. Penney Co. said Tuesday that its veteran marketing chief Mike Boylson has retired from the company. His successor will be selected by newly minted CEO Ron Johnson in what will be the former Apple executive’s first senior-level appointment at J.C. Penney.

    Boylson was with the department store chain for more than three decades, the last eight years as chief marketing officer. He said in June he would retire from the company on July 1, according to a J.C. Penney spokeswoman.

  • CBL announces anchor redevelopments, expansion at Monroeville Mall

    Monroeville, Pa. — Chattanooga, Tenn.-based CBL & Associates Properties Inc. has announced a series of anchor redevelopments at Monroeville Mall in Monroeville, Pa., including the relocation of J.C. Penney to a new 110,000-sq.-ft. store on the upper level of the former Boscov’s location.     

    Additionally, the current J.C. Penney location will be redeveloped into a new state-of-the-art 12-screen Cinemark Theatre. 

  • Market Track: June 2011

    Overall, the number of inserts and pages declined slightly across the retailer set in June 2011 versus June 2010.

  • Dept. stores deliver solid June sales

    NEW YORK – Department-store retailers turned out solid sales results in June, despite concerns about consumers cutting back on spending.

    Macy’s Inc. reported that its total sales for the fiscal month of June increased 7.5% to $2.392 billion from $2.226 billion last year. The retailer reported a same-store sales increase of 6.7% for the month. 

  • Texas mall receives LEED Silver designation

    Corpus Christi, Texas -- Trademark Property said Thursday that its La Palmera shopping center has been awarded Leadership in Energy and Environmental Design (LEED) Silver for Core and Shell 2.0 established by the U.S. Green Building Council.

    Acquired in partnership with International Mall Investors in July 2008, the 1-million-sq.-ft. regional mall located in Corpus Christi is the first in the U.S. to receive the designation.

  • Macy’s, Kohl’s outperform J.C. Penney in June

    New York City -- With same-store sales increases of 6.7% and 7.5% respectively, Macy’s and Kohl’s outperformed rival J.C. Penney in June, as J.C. Penney came up short of Wall Street estimates with a slight 2% gain.

    Macy’s saw total sales rise 7.5% in June to $2.4 billion.

    “Sales growth in June exceeded our expectations,” said Terry J. Lundgren, chairman, president and CEO. “Once again, the growth came from across the company -- Macy’s and Bloomingdale’s stores and online sites.”

  • Bealls to open at Loop West shopping center

    Orlando, Fla. -- Boston-based The Wilder Cos. said that Bealls will open a new department store at Loop West, located in the southern portion of the Orlando, Fla., market.

    Loop West, along with adjacent center The Loop, make up an 840,000-sq.-ft. shopping complex housing 14 specialty anchors and 55 shops, services and eateries. Anchors include Kohl’s, J.C. Penney, TJ Maxx, Bed Bath & Beyond, DSW Shoes, Regal Cinema and more.

  • CSA Poll: Make your opinion count

    New York City -- Do you think Apple retail guru Ron Johnson will transform J.C. Penney Co.?

    Click here to register your opinion with the Chain Store Age poll.

X
This ad will auto-close in 10 seconds