J.C. Penney's Latest Earnings Confirm Grim Warning
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%.
JC Penney
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 is Done Apologizing; Now, It Wants to Thank You
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
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
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.
Weekend Deals: Free Comic Books, 25-Cent Sliders, and Snickers
Free Comic Book Day is this Saturday. And while you're at it, why not grab some 25-cent White Castle sliders and check out the deals at the old-look J.C. Penney?
J.C. Penney Apologizes for 'Mistakes' in New Ad
J.C. Penney is trying to win back its wayward customers by acknowledging in a new ad that it's learning from its mistakes.
News of George Soros Investment Lifts J.C. Penney Shares
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.
Out With the New, In With the Old at J.C. Penney
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.
Why We're Disappointed Ron Johnson Failed at J.C. Penney
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.
JC Penney CEO Ron Johnson Out
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?
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."
Walmart Can't Keep Its Shelves Stocked
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 retailers.
2 State Pension Funds Want More JC Penney Details from Ackman
Two institutional investors with William Ackman's $12 billion hedge fund plan to reach out to the manager to get more information about the firm's big bet on ailing retailer JC Penney, whose stock has dropped 21 percent this year.
Why J.C. Penney is Really Losing Customers (It's Not the Coupons)
While J.C. Penney's disastrous decline has been blamed on Ron Johnson no-coupons pricing strategy, our readers gave a different reason for ditching the retailer.