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JCPenney Co.

  • Martha Stewart Living Omnimedia ‘encouraged’ with Q2 results

    NEW YORK — Martha Stewart Living Omnimedia decided to end the publication of two print titles and exit live television programming following lower revenues in publishing and broadcasting, which caused total revenues to decrease 13.5% to $42.2 million in the second quarter ended June 30, from $47.9 million in the same quarter last year. 

  • Experian: Walmart.com tops back-to-school shopping

    New York -- Walmart had the top online retail site for back-to-school shoppers last week, according to sales data and analysis from Experian Marketing Services (EMS). Rounding out the top five: J.C. Penney, Macy’s, Office Max and Sears. 

    Experian noted that brick and mortar stores are getting the majority of search traffic to date. The company also said that offers in subject lines were present on 37% of back- to-school email, and generated 57% of total email revenue in 2012. 

  • J.C. Penney donates center for high-tech retail crime task force

    OAK BROOK, Ill. — J.C. Penney is donating a 5,500-square-foot center in the North Riverside Park Mall in North Riverside, Illinois to assist efforts of the Cook County Regional Organized Crime Task Force in combating retail organized crime. The center will house law enforcement offices for various police departments, government agencies and retailers for the purpose of hands-on training and collaboration.

  • J.C. Penney to help take a bite out of retail crime

    OAK BROOK, Ill. — J.C. Penney has announced plans to donate a 5,500-sq.-ft. center in the North Riverside Park Mall in North Riverside, Ill., to assist efforts of the Cook County Regional Organized Crime Task Force in combating retail organized crime. 

    The center will house law enforcement offices for various police departments, government agencies and retailers for the purpose of hands-on training and collaboration.

  • J.C. Penney, 7-Eleven among companies targeted in massive hacking scheme

    New York -- Five individuals have been charged with running a sophisticated, worldwide hacking organization that the U.S. Department of Justice called the largest hacking and data breach scheme ever prosecuted in the United States. The victims in the scheme included such retailers as J.C. Penney, 7-Eleven Inc., Carrefour and Hannaford Brothers Co. 

  • Report: Home buyer leaves Penney

    New York -- Paul Rutenis, the top buyer for J.C. Penney's newly made-over home department, has left the company, according to a report by Citigroup.  

    According to Citigroup analyst Deborah Weinswig, the prices of many of the home items have reduced consumer demand.

    In related news, Penney has decided not to renew its contracts with marketing consultants Sergio Zyman and Jeff Herbert, which expire this month, Weinseig noted.  

     

  • Randolph Mall drafts Dunham’s Sports

    Chattanooga, Tenn. CBL & Associates Properties has announced that Dunham’s Sports has leased a 60,200-sq.-ft. space in Randolph Mall in Asheboro. N.C. Scheduled to open for the 2013 holiday shopping season, the new Dunham’s will replace Dillard’s, which closed in late July.

    Belk, J.C. Penney, Sears and Cinemark theatre anchor the 380,000-sq.-ft. regional Randolph Mall.

     

  • No free haircuts at JCP this year

    J.C. Penney is counting on a familiar blend of promotional tactics for the 2013 back-to-school season after a slate of merchandising initiatives and a free haircut offer ended horribly last year.

    The department store retailer is touting the availability of some familiar brands and promotional pricing along with a new Joe Fresh Kids brand, expanded Levi’s assortments, free customization kits with the purchase of backpacks and shoes during August and dedicated landing pages at Jcp.com for key brands such as Arizona, Levi’s and Total Girl.

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