JC Penney Co Inc

5 Big Winners and Losers of the Week in Business

This week featured its share of downbeat business news, from a software giant's untimely price hike to Apple showing its sour side. But it wasn't all bad: One retail giant looks to be making a highly brainy media gamble.

Five Big Surprises from Black Friday and Cyber Monday

Black Friday and Cyber Monday, the two most heavily hyped shopping days of the season, are behind us: Online retail sales were fantastic, and Amazon and Walmart had nice weekends. But anyone could have predicted that. Here are a few results of the big shopping weekend you probably didn't see coming.

Stock Upgrades: 3M Is in the Money, Money, Money

Ah, that innocent age when our biggest beef with Europe centered on freedom fries. This election week, no one was asking "where's the beef?" with Wendy's, with the coiner of that iconic phrase bucking a brutal tape to gain 3.05%.

PayPal Announces the Season's Best Price-Match Policy

Every holiday season, most major retailers roll out special seasonal price-match policies in an attempt to assure customers that they won't be undersold. But chains like Target and Best Buy just saw their price-match deals blown out of the water -- not by another retailer, but by payment processor PayPal.

Walmart's Mobile Payment Test: Checking Out 'Scan and Go'

Walmart is testing a new mobile checkout system. With Scan and Go, customers will be able to scan items with their smartphones as they shop, then pay quickly at kiosks, skipping the checkout line. But the program could be less about making it easier for shoppers to pay, and more about getting you to spend more.

Macy's Sues J.C. Penney Over Martha Stewart Deal

Macy's took its legal battle over its agreement to exclusively sell certain Martha Stewart items directly to J.C. Penney on Thursday, accusing the rival department store chain of interfering with its contract with the home goods designer.

Macy's Wins Temporary Block Against Martha Stewart's JCP Deal

Macy's said Friday it had won a preliminary block against Martha Stewart Living Omnimedia selling some of its products at J.C. Penney. Macy's says the JCP deal violates the terms of an exclusive pact it has with the fashion doyenne's company.

Forget Fountain Pens: 5 Gifts New College Grads Can Really Use

The classic graduation gifts are perfect for someone headed for an artist's colony or off on a vacation. But with half of recent college grads unemployed, the best gifts are ones that will help put them on the fast track to a job. Here are five smart options.

Shop 'Til It Drops: Take a Virtual Tour of a Dead Mall

First U.S. manufacturing collapsed under the pressure from low-wage labor overseas, leaving the landscape dotted with hollowed-out plants and gutted factories. Now, the suffering retail sector has left us with increasing number of abandoned malls.

Department Stores Reveal Top Selling Valentine's Gifts

If you've been dilly-dallying on buying something for your sweetheart this Valentine's Day, don't worry: Now that retailers know what the best-selling items this are for the lovers' holiday this year, we can pass that information on to you.

Macy's to Martha: JC Penney Deal Is Not a Good Thing

Martha Stewart has a new legal problem to contend with: Macy's, which had an exclusive licensing deal with her namesake company, has filed a lawsuit against Martha Stewart Living Omnimedia for hooking up with J.C. Penney.

Runway to Retail: Big Chains Size Up Fashion Week

New York Fashion Week is over, but the work is just getting started at the nation's big chain retailers. With the Web putting savvy customers instantly in the loop, those hoping to catch the fashion wave have to move fast. We asked fashion and trend directors at Macy's, J.C. Penney and Banana Republic what we'll be seeing this spring.