J.C. Penney
Will J.C. Penney Be the Next Target?
8:48AM 10/12/2011
Two of the men most responsible for making Target a cool, hip shopping option will soon be leading J.C. Penney's, which means bold changes could be coming for the middle-of-the-road department store chain. Can Ron Johnson and Michael Francis help it shake its stodgy image?
Style watchers have their eye on Fashion Week, under way in the Big Apple -- and so does J.C. Penney. The jcp design groupe is bringing legitimate fashion cred to the retailer, with trendy looks that rival higher-end chains. Follow their new camel cape from conception to consumer with us and you'll get the message they're sending: This is not your mother's J.C. Penney.
Can Apple's Ron Johnson Put a Shine Back on J.C. Penney?
6:30AM 6/23/2011
Company News, People, JC Penney, Apple, Target Corp, Retail, Market News
Ron Johnson, the man credited with the success of the Apple Store, is about to move downmarket to take over as CEO of J.C. Penney. The buzz from Wall Street has been nothing but positive, but can the executive live up to the hype and reinvent the retailer's dated brand?
It's a no-brainer why more and more retailers -- from J.C. Penney and apparel chain Express to 1-800-FLOWERS -- are selling to consumers directly on Facebook. The social network has become the portal to people's worlds -- and where they wile way the hours.
But what do shoppers get out of...
My Michelle Recalls Girls' Clothing Because of High Lead Levels
2:00PM 4/13/2011
My Michelle recalled about 90,000 girls' dresses and tops (example shown at right) sold at stores nationwide because the decorative trim and jewelry contain high levels of lead, the U.S. Consumer Products Safety Commission (CPSC) reported in a recent statement.
Lead can be toxic to small children...
J.C. Penney's New Logo Aims to Convey 'Modern'
4:07PM 2/22/2011
Struggling department store operator JCPenney, which last month said it would shutter five department stores, 19 outlet stores and two call centers, unveiled the most substantial change to its logo in four decades as it tries to boost sales by pitching itself as a more modern retailer.
Dow Rallies on Tech Stocks. Next Stop 12,000?
4:10PM 1/24/2011
Investing, Earnings, JC Penney, Alcoa, McDonald's, Market News
Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share buybacks by $10 billion. The index last saw 12,000 in June 2008 -- on the way down.
Penney's posts loss in second quarter, but beats analysts' call
3:20PM 8/14/2009
Cost-cutting seems to be working for J.C. Penney Co. (JCP) The clothing retailer had a small loss in the second quarter, but managed to beat analysts' expectations by a penny, which counts as a win in this recessionary economy.
Penney's posted a net loss of $1 million on total sales of $3.9...
Ouch.That's what retailers across the country were thinking Thursday after the sector collectively fell on its face -- everyone from Wal-Mart to Neiman Marcus fell below their May sales estimates.But today's the day I feel sorry for the retail world, because today's the day the pain really sets in....
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