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JCPenney Co.

  • Body Central to Golden Triangle Mall

    Denton, Texas — Body Central will open a new location at Golden Triangle Mall in Denton, Texas, on Oct. 9. The specialty women’s apparel retailer operates more than 200 stores in 23 states across the U.S., under the Body Central and Body Shop banners.

    Golden Triangle, Denton’s only mall, features Macy’s, Dillard’s, J.C. Penney, Sears, Barnes & Noble and DSW Shoe Warehouse as anchors. Cencor Realty Services manages the mall, and The Weitzman Group and MG Herring Group handle the leasing.

     

  • JCP calms jittery investors with inter-quarter update

    Sales trends at J.C. Penney are improving and year end liquidity is now expected to exceed $2 billion following a recent stock offering, the company said Tuesday morning during an uncharacteristic mid-quarter update on its operating performance.

  • J.C. Penney cites improving sales in September; sees ample year-end liquidity

    Plano, Texas -- J.C. Penney Co. on Tuesday said that it was making “solid progress” in its turnaround as it reported a smaller decline in same-store sales for September, compared to August. The company also said it expects that it will have ample liquidity at year end.

    While Penney’s September same-store sales fell 4% over the same month last year, they showed an improvement of 580 basis points compared with August.

  • Inland American selects JLL to lease seven centers

    Dallas — Jones Lang LaSalle Retail will lease seven shopping centers in the Dallas region for American Retail Management LLC and Inland Diversified. The properties total more than one million sq. ft. and are nearly 95% occupied. The assignments include:

  • J.C. Penney, locations nationwide

    J.C. Penney Co. is expanding its kids and baby line-up with the launch of exclusive new brands, including dedicated in-store environments for Disney and giggleBABY.

    Penney’s Disney shop concept ranges in size from 800 sq. ft. to 1,100 sq. ft. The branded department features toys, collectibles and children's apparel designed exclusively for Penney and showcasing various Disney characters.

  • Penney names exec to lead home goods

    Plano, Texas – J.C. Penney Company, Inc. has reportedly named Jan Hodges, a senior marketing executive who has been with the retailer for 25 years, to the position of senior VP and general manager of home goods. According to Reuters, Penney CEO Myron Ullman sent out an employee memo on Oct. 3 informing workers that Hodges would assume the new position on Nov. 1.

  • Penney launches in-store Disney shops, new kids brands

    Plano, Texas -- J.C. Penney Co. is set to launch Disney branded shops inside 565 Penney stores on Oct.4. The shops will offer toys, collectibles and children's apparel designed for Penney and showcasing various Disney characters, including those from Toy Story and Monsters University and Disney Junior shows.

  • Report: J.C. Penney sued over share sale; shareholder seeks class action suit

    Plano, Texas – J.C. Penney Company shareholder Alan Marcus is suing the troubled department store chain because of its recent decision to build equity by issuing more than $800 million worth of new stock, which sent share values plunging, Reuters reported.    

    The report said Marcus, who bought 300 shares of Penney stock on Sept. 26 shortly before the new stock was announced, is trying to obtain class-action status for his suit.
         

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