Ten Brands That Will Disappear in 2014 by 24/7 Wall St. May 28th 2013 4:50PM Every year, we predict 10 major brands that won't survive to the end of the following year. Click through the gallery to see which of your favorite brands might bite the dust.
Which Stores Price-Match Their Own Websites - and Which Don't by Matt Brownell May 21st 2013 5:00AM When a retailer charges more online than it does in stores, it won't always price-match itself. Here's how to work around the policy.
5 Winners and Losers of the Week in Business by Rick Aristotle Munarriz May 17th 2013 1:20PM From a soda company's refashioned refrigerators to an apparel CEO's tactless comments, here's a rundown of this week's best moves and worst blunders in the business world.
J.C. Penney's Latest Earnings Confirm Grim Warning by DailyFinance Staff May 17th 2013 9:00AM J.C. Penney had said its quarterly results would be weak. They were, and then some. The retailer posted a loss more than double the deficit of last year, and sales fell 16%.
J.C. Penney Posts Huge 1Q Loss by The Associated Press May 16th 2013 5:05PM J.C. Penney reports a first-quarter big loss on a 16 percent revenue plunge as the chain continues to reel from the turnaround plan implemented by former CEO Ron Johnson.
J.C. Penney's New Logo Is Its Fourth in Four Years by Matt Brownell May 15th 2013 4:54PM J.C. Penney has quietly introduced yet another new logo, just one more change amid the ongoing metamorphosis and backtracking at the troubled retailer.
J.C. Penney is Done Apologizing; Now, It Wants to Thank You by Matt Brownell May 14th 2013 9:40AM Just weeks after launching an ad campaign apologizing for alienating its customers, J.C. Penney has stopped running its big apology commercial and pulled it from the Internet.
JCP Says 'We're Listening.' Here's Who They Should Listen To by Matt Brownell May 9th 2013 2:34PM As part of its apology tour, J.C. Penney insists that it's listening to customer feedback. Here are a few customers who have smart advice for the struggling retailer.
Markets at Record Levels; More Bad News for J.C. Penney by DailyFinance Staff May 8th 2013 9:20AM The Dow Industrials closed yesterday above the 15,000 level for the first time. It's the Dow's 16th record this year. The S&P 500 also set another record.
J.C. Penney Apologizes for 'Mistakes' in New Ad by Matt Brownell May 1st 2013 12:35PM J.C. Penney is trying to win back its wayward customers by acknowledging in a new ad that it's learning from its mistakes.
Goldman Loan Lends a Boost to Penney's Flagging Finances by Reuters Apr 29th 2013 11:15AM J.C. Penney confirmed Monday that Goldman Sachs will provide it with $1.75 billion in financing, confirming rumors that first surfaced Friday.
News of George Soros Investment Lifts J.C. Penney Shares by The Associated Press Apr 25th 2013 5:40PM Shares of beleaguered retailer J.C. Penney rose more than 6% in aftermarket trading on Thursday after billionaire financier George Soros disclosed a 7.9% stake in the company.
Can Returning CEO Mike Ullman Revive Penney's Fortunes? by The Associated Press Apr 20th 2013 8:00AM The return of the old guard at J.C. Penney have sent shares higher this week, even with major U.S. indexes suffering one of the worst downturns this year.
Out With the New, In With the Old at J.C. Penney by Matt Brownell Apr 18th 2013 2:30PM With the departure of J.C. Penney style guru Nick Wooster and the return of his predecessor, it's likely the old "basics" will also return to shelves.
Macy's Denied Restraining Order Against J.C. Penney by The Associated Press Apr 18th 2013 2:09PM A judge has rejected Macy's request to slap rival J.C. Penney with a temporary restraining order barring it from selling non-branded goods designed by Martha Stewart.
CEO Flameouts: The Bigger They Aimed, the Harder They Fell by The Associated Press Apr 18th 2013 5:00AM Ron Johnson's short tenure as J.C. Penney's CEO will go down as one of the biggest corporate flameouts ever. But he's hardly the first executive to aim high and fail hard.
J.C. Penney Draws $850 Million from Revolving Credit Line by Reuters Apr 15th 2013 10:55AM J.C. Penney said on Monday that it had drawn $850 million out of a $1.85 billion revolving credit facility to help buy inventory as it plots its course after a failed...
Why We're Disappointed Ron Johnson Failed at J.C. Penney by Matt Brownell Apr 9th 2013 4:00PM There's no doubt that Ron Johnson failed to turn around J.C. Penney, but we're still disappointed to see him go. We may never see another CEO like him.
J.C. Penney Investors Worry Johnson's Exit Means New Makeover by DailyFinance Staff Apr 9th 2013 9:20AM J.C. Penney’s controversial CEO Ron Johnson has been ousted after less than two years on the job. The company’s revenue fell sharply last year as Johnson implemented his...
Macy's, J.C. Penney Resume Court Battle Over Martha Stewart by The Associated Press Apr 9th 2013 7:36AM Attorneys for J.C Penney and Macy's were back in court Monday to fight over the Martha Stewart brand after a monthlong mediation period went nowhere.
J.C. Penney Taps Former CEO Mike Ullman by The Associated Press Apr 9th 2013 6:21AM J.C. Penney pins its hopes on former CEO Mike Ullman to revive the retailer after a risky turnaround strategy backfired and led to massive losses and steep sales declines.
JC Penney CEO Ron Johnson Out by Matt Brownell Apr 8th 2013 5:30PM Embattled JC Penney CEO Ron Johnson was fired today after sales continued to plummet on his watch.
Is J.C. Penney CEO Ron Johnson Losing His Biggest Backer? by Matt Brownell Apr 5th 2013 2:41PM Bill Ackman, the hedge fund manager who hand-picked Ron Johnson to lead JC Penney, now says the turnaround has been "close to a disaster."
Johnson & Johnson Wins Big Court Battle by DailyFinance Staff Apr 5th 2013 9:10AM J.C. Penney today opens its first store-within-the-store boutiques. They'll offer home goods from designers such as Michael Graves, Jonathan Adler and Sir Terence Conran.
J.C. Penney CEO Ron Johnson's Pay Fell 97% in 2012 by The Associated Press Apr 3rd 2013 6:42AM The CEO of struggling department store J.C. Penney saw his 2012 compensation package plummet nearly 97 percent to about $1.9 million, according to a federal filing.
Walmart Can't Keep Its Shelves Stocked by DailyFinance Staff Mar 27th 2013 9:00AM Walmart is reportedly losing customers because it doesn't have enough employees to keep the shelves stocked. Defecting customers are heading to Target, Costco and other...
