J.C. Penney's New Logo Is Its Fourth in Four Years
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 has quietly introduced yet another new logo, just one more change amid the ongoing metamorphosis and backtracking at the troubled retailer.
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 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 turnaround.
Reputations are among the most prized assets major corporations have, and they can fall as fast and as hard as they have climbed. These are America's nine most damaged brands.
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 plan.
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.
From Pandora, which is trying to encourage more of its music streamers to pay, to Monster, which is trying to win back a good rep for its an energy drink, here's a rundown of this week's big winners and losers in the business world.
Today begins the Crock-pot trial of the century: an attempt by Macy's to block a deal between Martha Stewart Living Omnimedia and J.C. Penney. Macy's says it has exclusive rights to sell Martha Steward-branded products, which her company's pact with Penney's violates.
J.C. Penney reported a bigger-than-expected loss in the third quarter on plummeting sales as customers continue to reject its move get rid of blockbuster sales in favor of everyday low pricing. It's the third consecutive quarter of losses and steep sales declines.
Forget the fiasco that killing sales and coupons has turned out to be for J.C. Penney: CEO Ron Johnson's other radical change -- transforming the stodgy department store from a sea of clothing racks into an emporium of 100 hip, branded shops -- just might be its saving grace.
The CNN host Piers Morgan heralded Ron Johnson, CEO of J.C. Penney, as the genius behind Apple stores who's now working his magic on J.C. Penney, ignoring the big, fat elephant in the room: Johnson's February makeover of the chain has so far flopped, sinking revenues and alienating shoppers.
J.C. Penney just had one of its worst quarters ever, the fault of CEO Ron Johnson's disastrous relaunch plan. So what's next? Well, in an analyst call Friday, Johnson flipped back and forth between delusional cheerleading and confessing his mistakes.
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.
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?
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.
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.


















