j. c. penney

Why J.C. Penney Will Never Be Great Again

J.C. Penney's new CEO plans to remake the tired old department store chain a la the Apple Store and Target, and his fresh ideas are earning him applause. But as investors and industry watchers cheer Ron Johnson's turnaround concepts, they're ignoring some big potholes on the road ahead.

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.

How J.C. Penney Just Might Transform the Way We Shop

New CEO Ron Johnson's plan to revamp J.C. Penney is seriously ambitious. No more coupons, almost no more sales, and a complete rethink of the department store model. So why does think he can pull it off -- and with a chain that has lagged its rivals? Because maybe he can. Here's why:

Penney's Posts a 3Q loss

J.C. Penney Co. reported a net loss in the third quarter as the department store operator's results were weighed down by restructuring costs and management transition charges. Its adjusted results topped Wall Street expectations, but it offered a fourth-quarter outlook that was below what analysts expected.

Will J.C. Penney Be the Next Target?

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?

Retailers Gear Up for Fashion's Night Out

On Thursday night, New York City will transform into one big after-hours shopping party for Fashion's Night Out, a whirlwind of festive, quirky store events to kick off New York Fashion Week. But it's not all high-end specialty stores -- mass retailers are increasingly using FNO to assert their own fashion bona fides.

Nordstrom.com Offers Unconditional Free Shipping, Returns

While Nordstrom has yet to find a suitable location in New York City, online shoppers can now get any item delivered for free. On Monday, Nordstrom announced it will offer free shipping and returns for all U.S. orders -- making it the first department store chain to do so.

Mass Retailers Take a Shine to the Makeup Biz

The beauty business is undergoing a makeover at some of the nation's biggest retailers, as pharmacies and department stores go after shoppers in new and unconventional ways. Sears, CVS, Duane Reade and their cohorts are courting a business that has rebounded well from the recession despite the country's economic malaise.