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JCPenney Co.

  • Target kicks off the holiday price wars

    The competition for retailers selling online just got a lot more intense with a new price-match policy from Target just ahead of the prime holiday shopping season.

    Beginning Oct. 1, Target will price-match the websites of 29 major retailers in stores and for purchases from their website.

  • Nordstrom Rack to relocate to expanded Serramonte Center

    Nordstrom plans to relocate its Nordstrom Rack store from 280 Metro Center to the redeveloped Serramonte Center in Daly City, California.

    The approximately 40,000-sq.ft. store is scheduled to open in fall 2017. The redeveloped property is owned by Equity One.

    Nordstrom will join fellow anchors Target, JC Penney, Macy's and Dick's Sporting Goods. The new location is just across Highway 280 from the current Nordstrom Rack.

  • Englewood Construction announces three new retail projects

    Englewood Construction has started working on three new ground-up retail projects.

    The national general contractor is building a Hobby Lobby in Beavercreek, Ohio; a PetSmart in Taylor, Michigan; and a Goodwill in Monroe, Connecticut.

    Englewood recently broke ground on a 55,000-sq.-ft. ground-up Hobby Lobby store in Beavercreek, Ohio. Slated for completion by the end of January 2016, the project will use tilt-up construction of masonry embossed panels. Tulsa, Oklahoma-based Robert Michael Hughes is the project architect.

  • J.C. Penney making a difference in October

    Less than a week into his role as J.C. Penney’s chief merchant, John Tighe revealed losing his mother to breast cancer and the retailer’s ambitious fundraising plans that kick in during October.

    October is Breast Cancer Awareness month and J.C. Penney has launched a range of initiatives to raise awareness and funds. For starters, the company is asking customers throughout the month of October to round up their purchases to the nearest dollar.

  • J.C. Penney names new chief merchant

    Veteran J.C. Penney merchant John Tighe has been elevated to fill the role of executive VP and chief merchant held by Liz Sweney who is retiring.

    The change, announced Sept. 23, was effective immediately. Tighe and Sweeney joined the company in 2002 and 2000, respectively, and Sweney served as chief merchant since March 2012. She will remain with the company in an advisory role through year end.

  • Report: Penney targets plus-size with new format

    The J.C. Penney Co. Inc. is reportedly planning to overhaul how it serves plus-size customers with a new in-store and online format called “The Boutique.” According to Women’s Wear Daily, Penney will open dedicated plus-size “The Boutique” sections of 12 stores

  • New honor for Container Store chief

    Kip Tindell, co-founder, chairman and CEO of The Container Store, has joined a global list of who’s who in retailing.

  • Report: Amazon Prime Day impacts back-to-school

    Chicago – The introduction of Amazon Prime Day on July 15 created a new mid-summer e-commerce event that had a profound impact on back-to-school shopping.

    According to a new study from Market Track, Prime Day and the resulting widespread competitive response created a brand new shopping event only two weeks before the peak back-to-school shopping period.

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