J.C. Penney Company
Latest J.C. Penney Company News
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J.C. Penney Ad Apologizes to Customers
strategy was designed to attract younger, wealthier shoppers in a bid to reinvent the stodgy retailer, but it alienated Penney ' s loyal customers and caused sales to plummet. The ad acknowledges the missteps and asks customers to return to its stores J.C. Penney did not return a call for comment. ——— Online: http://facebook.com/ jcp
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Business Highlights
per share, a year earlier. Excluding one-time charges, profit was 99 cents per share. ——— JC Penney to get $1.75 billion in financing PLANO, Texas (AP) — J.C. Penney on Monday confirmed that Goldman Sachs will provide
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JC Penney to Get $1.75B in Financing, Shares Rise
JC Penney reaches deal with Goldman Sachs for $1.75B loan, shares rise in premarket
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JC Penney Shares up on George Soros Investment
JC Penney shares rise as George Soros discloses a 7.9 percent stake in department store chain
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What's Next for Stocks, Gold After Rout?
a typical American worker. The average wage is just under $35,000, according to the trade union group. Concerns about JC Penney are growing. The retailer announced it would draw $850 million from its $1.85 billion revolving credit line to pay for
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Back to The Future for JC Penney
Morning Business Memo... Meet the new boss at JC Penney . The same as the old boss. After just 16 months as CEO will be far from easy. The retail environment is brutal. JC Penney shares slipped more than 5 percent in pre-market trading
News
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JCP Leads Top 7 Recent CEO Disasters
experience at other retail companies. Ousted yesterday as CEO of J . C . Penney Company , Inc. , Johnson is being replaced by his predecessor stock cratering and investors calling for your head. J.C. Penney ' s earnings floundered. In February, the company said its
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J.C. Penney Moves Forward with Martha Stewart Rollout Despite Macy's Lawsuit
On Monday, an attorney for Macy's told the court that a set of MarthaCelebrations champagne flutes on sale on J.C. Penney ' s website competes with similar Macy's products. "The basic shapes and designs are the same," said Macy's lawyer Ted
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Corporations Paint Their Brands Red For LGBT Rights
competitor claimed "Every Pairing Is Perfect" displaying an ad with three different red drink pairings. Kenneth Cole, Target and JC Penney created gay-inclusive advertising. A Target ad promotes wedding registration for same-sex couples with the slogan "Be
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Martha Stewart Testifies in Manhattan Court
Martha Stewart returned to a New York courtroom today to testify in a legal spat between Macy's Inc. and J.C. Penney Co. over which retailer has rights to the domestic diva's product line. Macy's sued Martha Stewart Living for breach of contract in Jan. 2012, saying an agreement to sell products at
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Prince Jackson's New Gig Plus 8 More Celeb Kids Mimicking Their Parents
Gerber, whose father, Randy Gerber, is also a former model, starred alongside Crawford and Crawford's mother in JC Penney ' s 2012 Mother's Day campaign. The three generations of Crawford beauties were casually dressed in jeans and white tops
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Vivienne Jolie-Pitt's Acting Debut, Plus 7 More Celeb Kids Mimicking Their Parents
Gerber, whose father, Randy Gerber, is also a former model, starred alongside Crawford and Crawford's mother in JC Penney ' s 2012 Mother's Day campaign. The three generations of Crawford beauties were casually dressed in jeans and white tops
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Biggest Losers: 9 Stocks Hammered in 2012
analysts where executives will offer a "comprehensive response to investor questions on its business model." JC Penney Co. ( JCP ) -45 Percent Things couldn't have been much worse for the department store retailer this year, which grappled
Videos
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U.S. Spending Up Despite Payroll Tax
everyone is trying to root for JC Penney ' s I mean can the company get back on the last week was whether or not JC Penney could make it to the Christmas selling loading up here lot of folks fares on JCP a lot of people shortage. A big
brought back their old one. -- everyone is trying to root for JC Penney's -- I mean can the company get back on its feet. -- the company yet. Whether or not they get back on their feet is one thing but what we learned with this loan deal. Which by the way they're gone just tremendous terms triumph of hope and Goldman Sachs who got the debt underwriting -- But that gives them a lifeline and so the question six months ago three months ago to in the last week was whether or not JC Penney could make it to the Christmas selling season. Now they can and -- the hedge funds were rather impressively getting along this company last week ahead of the debt deal -- them. Behave and they are kind of loading up here lot of folks fares on JCP a lot of people shortage. A big part of that short Jesus was that the company was gonna go -- by and -
Caterpillar Earnings Show It's No Butterfly
a serious discussion about whether job cuts he's Tim Cook is out of a job and I but again you know we it Ron Johnson and JC Penney who recently former album guy you know things things can change very quickly after. You know for months the saying we support
but again you know we -- it -- -- Ron Johnson and JC Penney who recently former album guy you know things things can change very quickly after. You know for months the -- saying we -
Nightline 03/06: Martha Stewart Is Back and in Court Again
huge department stores may season JC Penney ' s . Are slugging it out about who is suitors the heads of Macy's and JC Penney . It's gotten emotional Macy's doing a separate deal with the CEO of JC Penney Ron Johnson. Fighting back tears
Was in court again today -- two huge department stores may season JC Penney's . Are slugging it out about who is the right to sell her products. And as you'll see Stuart. Is his feisty asof a fight between two powerful suitors the heads of Macy's and JC Penney . It's gotten emotional Macy's chief executive Terry Lundgren choking up on the stand. Accusing Stewart of breaching a contract to sell herStuart saying she was doing a separate deal with the CEO of JC Penney Ron Johnson. Fighting back tears on the stand Lungren said that call made him sick to his stomach. Which she took the stand this -- Stewart said she did not believe she broke her contract with Macy's. Quote it just boggles my mind that we're sitting here in front of you judge. JC Penney which is also being sued -- -- naturally agrees with Martha Stewart here ultimately a judge will decide. That -- and published in a winner -- here I think the court will ultimately rule that some of what she's trying to sell -- JC Penney . Is covered by her contract at Macy's and as a result that she can't do it but not all. Issue for Stewart -
Retail Wars: Martha Stewart Is Back in Court Again
huge department stores may season JC Penney ' s . Are slugging it out about the right suitors the heads of Macy's and JC Penney . It's gotten emotional Macy's doing a separate deal with the CEO of JC Penney Ron Johnson. Fighting back tears
Was in court again today -- two huge department stores may season JC Penney's . Are slugging it out about the right to sell her products. And as you'll see Stuart. Is his feisty as ever ABC'sof a fight between two powerful suitors the heads of Macy's and JC Penney . It's gotten emotional Macy's chief executive Terry Lundgren choking up on the stand. Accusing Stewart of breaching a contract to sell herStuart saying she was doing a separate deal with the CEO of JC Penney Ron Johnson. Fighting back tears on the stand Lungren said that call made him sick to his stomach. Which she took the stand this week Stewart said she did not believe she broke her contract when Macy's. Quote it just boggles my mind that we're sitting here in front of you judge. JC Penney which is also being sued -- -- naturally agrees with Martha Stewart here ultimately a judge will decide. That -- and published in a winner -- here I think the court will ultimately rule that some of what she's trying to sell it JC Penney . Is covered by her contract at Macy's and as a result that she can't do it but not all. Really -- for -
Microsoft Tablet, JCPenney Problems, Fed Considers Stimulus
for Michael Francis right now. It it is a big deal for JC Penney in the fact that. They brought in Ron Johnson from apple clear strategy put in place is not working they alienated JC Penney ' s customers. They did away with coupons they try to go
for Michael Francis right now. It it is a big deal for JC Penney in the fact that. They brought in Ron Johnson from apple he brought in the sky Michael Francis of target it's very clear strategy -- put in place is not working they alienated JC Penney's customers. They did away with coupons they try to go away from sales mentality. And then the customers have been leaving in -
JCPenney Pulls Controversial Shirt
While retail giant JC Penney is coming under fire for a T it's selling to young girls. The to not shop at JC Intel they stopped selling a sexist messaging. JC Penney ' s website has taken down a picture of the Sheridan says the product
While retail giant JC Penney is coming under fire for a T -- it's selling to young girls. The shirt looks like this and it says I'm too pretty to do homework so my brother asked to do it for me. Parents are up in arms saying -- is wrong to promote looks and not brains. They started a petition asking people to not shop at JC -- Intel they stopped selling a sexist messaging. JC Penney's website has taken down a picture of the Sheridan says the product is not available at this time. And has sent in -
Stocks Shoot Up; JC Penney Uses 'S' Word
say it's not right our government our to the S word. Sales JC Penney had stopped using it but announcer into reducing. The sale says we're gonna change the whole model of how we do things JC Penney to get rid of coupons. Where did you it was to try to promote
it's not right our government our -- to the S word. Sales JC Penney had stopped using it but announcer -- into reducing. The sale how. Big of a deal -- Well this is a classic case there's gonna be books written about this people in business schools are gonna study this JC -- case for a long time -- of Ron Johnson. He was -- -- retail -- apple comes in last year a lot of fanfare and he says we're gonna change the whole model of how we do things -- JC Penney -- to get rid of coupons. Where did you it was -- to try to promote this idea we have low prices


















