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JCPenney Co.

  • Starbucks launches big jobs initiative — with a little help from its friends

    Chicago -- Starbucks Corp. is ratcheting up its already significant commitment to job creation.

    The coffee giant is teaming up with such other retail powerhouses as Walmart, CVS Health, Walgreens, Macy’s, Target and J.C. Penney in an ambitious jobs program to hire 100,000 16- to 24-year-olds "who face systemic barriers to jobs and education" by 2018 through apprenticeships, internships, training programs, and both part-time and full-time jobs.

  • Spotlight on Men's Wearhouse CEO

    The menswear market is hot. Men’s apparel sales in the United States rose 2% in 2014 to $61.3 billion, up from $60.8 billion in 2013.

    And Men’s Wearhouse — one of North America’s largest menswear specialty retailers with 1,758 stores — has been taking note.

  • Nordstrom Rack in 2017 opening

    Seattle -- Nordstrom remains on the move with its off-price division.

  • Men’s Wearhouse Targets Millennials To Drive Growth

    The menswear market is hot. Men’s apparel sales in the United States rose 2% in 2014 to $61.3 billion, up from $60.8 billion in 2013.

    And Men’s Wearhouse — one of North America’s largest menswear specialty retailers with 1,758 stores — has been taking note.

    The retailer is capitalizing on the category’s growth via acquisition-fueled expansion, new designer collections and more customized products and service.

  • Martha Stewart Living Omnimedia sold, and the buyer is…

    New York -- The home and lifestyle company that domestic diva Martha Stewart launched in 1997 has been acquired in a cash-and-stock deal valued at approximately $353 million. It’s a big comedown for a company that was valued at $2 billion on the day of its initial public offering in 1999, but whose fortunes have been on the downslide for a while now.

  • Four insights from J.C. Penney’s top two execs

    New York -- J.C. Penney CEO Myron Ullman and CEO-designee Marvin Ellison shared their thoughts on the company and its strategy going forward at a recent presentation to analysts.

    For the story, click here.

  • Yahoo taps former Penney CMO to head up consumer marketing

    Debra Berman, former chief marketing office of J.C. Penney, is joining Yahoo in the new position of senior VP of consumer marketing, effective July 6.

    "In this newly created role Debra will oversee product marketing, help drive audience engagement and lead consumer brand strategy," Yahoo chief marketing officer Kathy Savitt wrote in a company blog post on Friday.     

  • Former JCPenney CMO lands at Yahoo

    Yahoo has named the former marketing chief at JCPenney as its new senior vice president consumer marketing.

    Debra Berman will be joining Yahoo as our new Senior Vice President of Consumer Marketing, reporting to me. Berman will join the Yahoo marketing team on July 6, bringing with her more than two decades of marketing experience.

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