jc penney

JCP Picked the Wrong Therapist to Hire After CEO's Ouster

After firing Ron Johnson, J.C. Penney brought in a therapist to soothe stressed-out employees. But, just like the ex-CEO's efforts to help, that move only made matters worse.

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%.

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.

Martha Stewart Denies Wrongdoing in J.C. Penney Deal

Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of J.C. Penney's stores across the country, despite a preexisting contract to sell some items exclusively at Macy's.

J.C. Penney's Stock Heading for Everyday Low Prices

J.C. Penney stock tumbled last week, fell again yesterday, and is set to slide some more today. A big investor, Vornado Realty Trust, reportedly sold 10 million shares of the retailer on Monday, almost half of its stake.

Why J.C. Penney Was Smart to Hire the Man Behind New Coke

As if J.C. Penney wasn't being subjected to enough mockery this week after its horrible fourth-quarter earnings report, now it's getting grief for hiring the man behind "New Coke." But in this case, the naysayers should take a step back.

Midday Report: Stocks Turn Mixed After 2 Days of Big Gains

A rally is losing steam on Wall Street as indexes inch higher following two days of triple-digit gains.The Dow Jones industrial average was up 16 points at 14,091 at midday. It's just 73 points below the record high it reached in October 2007.

J.C. Penney Has Another Train Wreck of a Quarter

Stop us if you've heard this one before: J.C. Penney had another dismal quarter. But Ron Johnson is optimistic, despite same-store sales that fell 31.7% in the fourth quarter, and nearly a billion dollars in losses in Johnson's first full year at the retailer's helm.

Macy's CEO to Testify in Fight with J.C. Penney Over Martha Stewart

Macy's Chairman, President and CEO Terry Lundgren is scheduled to testify in New York State Supreme Court on Monday in a trial that pits the department store chain against rival J.C. Penney over a partnership with home diva Martha Stewart.

Bad Deal: Groupon Called Out for 'Discount' Nexus 7 Offer

Let the Daily Deal buyer beware: Groupon is catching some flak this week after posting a deal on Google's Nexus 7 tablet that used some questionable math, questionable facts, and really didn't offer much of a discount.

Stocks Whipsawed by 'Fiscal Cliff' Talks, End Flat

The stock market erased most of an early loss in late trading after Republicans said they would reconvene the House of Representatives Sunday in hopes of piecing together a last-minute budget deal. Still the Dow closed down 18 points for its fourth straight loss.

JC Penney Replacing Cash Registers With Coffee and Juice Bars

JCPenney can offer shoppers something no online retailer can: food and drinks to enjoy while they spend money. CEO Ron Johnson said the retailer was planning on replacing traditional cash registers with coffee and juice bars.

J.C. Penney Stock Loses 13%, Drops to Lowest Price Since March 2009

J.C. Penney executives may be confident in the department-store chain's everyday low pricing strategy, but its investors are panicking: The company's stock fell more than 13 percent on Monday, closing at its lowest price since March 2009 when the United States was in a recession.

JCPenney Took Some Giant Steps Back; Now Customers Are Confused

When Ron Johnson took over as CEO of JCPenney in January, his mantra was "no more coupons." But since the retailer switched to a model of everyday low prices without constant promotions, comparable-store sales have fallen 20 percent, and JCPenney has started to backtrack.