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Francis out at JCP, already?
PLANO, Texas — Investors who were holding out for some of Michael Francis' Target marketing magic to rub off on JCPenney will be left wondering what could have been, as the company announced Francis' departure effective Monday.
CEO Ron Johnson will assume direct responsibility and oversight of the company's marketing and merchandising functions.
Johnson said, "We thank Michael for his hard work at JCPenney and wish him the best in his future endeavors."
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Macy’s NYC flagship extending hours during renovation
New York -- Macy’s Herald Square has extended its shopping hours to make it easier for shoppers while the flagship undergoes its extensive, four-year renovation.
Starting Monday, the store opens at 9 a.m., instead of 10 a.m., Monday through Friday. The Saturday and Sunday schedule remains the same, 10 a.m. to 9:30 p.m. and 10 a.m. to 8:30 p.m., respectively.