NEW YORK - MARCH 05: Martha Stewart departs the Manhattan Supreme Court after testifying in March 5, 2013 In New York City. Stewart is testifying after Macy's Department Store sued the rival retailer J.C. Penney and Martha Stewart Living Omnimedia when plans to launch Martha Stewart boutiques in J.C. Penney stores were announced December of 2011.
This is an exciting win for Y&R ... JC Penney is a great, iconic brand. It’s an honor for our team to work on the brand and also to work with Sergio Zyman and his management team. Consumers love JC Penney, the market is behind them, and we are committed to help them succeed.More quotes »
Cops: East Rockaway clerk-treasurer shoplifted
her arrest May 5 on a shoplifting charge at Green Acres Mall. Nassau County police arrested Doris Piedimonte, 50, at the J.C. Penney store in the Valley Stream mall. Police, who declined to say what Piedimonte allegedly stole, charged the Valley Stream resident Read more »
H&M backs safety accord in Bangladesh factories
Labor Organization ) playing a vital part as coordinator."Forty garment buyers, including Wal-Mart , H&M;, and J.C. Penney , met with labor rights groups on April 29 in Germany to discuss how the industry could improve safety conditions in Bangladesh, with Read more »
Judge threatens J.C. Penney on party ware sales
2012, saying it had the exclusive right to sell items in certain categories including bedding and cookware.Macy's sued J.C. Penney about three months later.Lawyers for Macy's, the second-biggest U.S. department store chain, have argued that J.C. Penney is Read more »
New Penney CEO's task is chain's revival
future right now. The board's firing of Johnson, the mastermind behind Apple Inc. 's successful retail stores who held the Penney job for 17 months, comes after a growing chorus of critics called for Johnson's resignation as they lost faith in his aggressive Read more »
Penney ousts Johnson as CEO for predecessor
Securities and Exchange Commission .The departure comes after a dismal first year on the job for Johnson, who arrived at J.C. Penney with great fanfare after helping create Apple Inc. 's network of stores. Johnson has been trying to transform most of J.C. Read more »
Around the web
P&G Replacing CEO With Predecessor – Is This J.C. Penney Déjà vu All Over Again?
only makes sense if the person coming back has a successful track record.” Former P&G head, Lafley, has that. Returning, J.C. Penney CEO, Myron Ullman, not so much. At least not to Bill Ackman, who was instrumental in forcing Ullman out in the first place. 2:26 PM from Benzinga.com Read more »
Are Heroic Measures Necessary for These Companies?
that he was CEO from December 2004 to February 2012, and the shares dropped from $80.00 to $15.00 during that time. J.C. Penney received a life-saving $1.75 billion loan injection from Dr. Goldman Sachs, as well as an infusion from its $850 million line of 2:12 PM from Motley Fool Read more »
GMROI and the Department Stores
department store blamed the weather, a valid excuse, but the rise in inventory still doesn't look promising for Kohl's. J.C. Penney had the lowest GMROI out of the group, although this isn't surprising. Right now, investors wonder whether Mike Ullman can get 11:20 AM from Motley Fool Read more »
Why Facebook Could Become Another MySpace
made Facebook’s doom appear to be as predictable as Ron Johnson’s departure, or should I say firing, from embattled retailer J.C. Penney. After the controversial tweet, Murdoch’s Twitter handle was hit with a slew of harsh comments as irate commentators poured 11:10 AM from Motley Fool Read more »
Blake Shelton Helps JC Penney Raise $50,000 for Tornado Victims
with the people of my home state of Oklahoma,” Blake wrote. “Please share this post within the next 24 hours, and my friends at jcpenney will donate $1 to the American Red Cross for each share – up to $50,000!” The post quickly reached the donation cap but 9:45 AM from Great American Country Read more »