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.
We brought back the things you like about J.C. Penney, gave you new things to explore, and now we're happy to say you've come back to us
A significant amount of damage has been done. It’s going to take time to see if the J.C. Penney consumer is going to come back, but she’s not going to come back tomorrow.
Our objective is to put JC Penney back on a path to profitable growth. To achieve this, over the past five weeks we have taken critical steps to stabilize the business, including improving our balance sheet and ensuring we have our senior leadership in place ... With that accomplished, together our team is focused on developing and executing strategies to enable us to reconnect with our customer and improve traffic and sales, while operating with strong financial discipline.More quotes »
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 »
J.C. Penney CEO's pay cut to $1.89M
by adding boutiques and new items from brands such as Martha Stewart and Joe Fresh.Johnson said last month that 19,000 J.C. Penney employees have lost their jobs in the past year as his turnaround struggles to gain traction. The following week, the company Read more »
Around the web
Is J.C. Penney Beyond Help?
quarter is left behind and J.C. Penney (JCP) continues to bleed cash like there is no tomorrow. The company's latest quarter didn't paint a pretty picture either. As time is ticking out, the company's options are narrowing. Can the company be saved? The last 6:12 AM from Seeking Alpha Read more »
Stocks in the News: Yahoo, Northrop Grumman, JC Penney
strong earnings growth are available, such as Verizon Communications, Macy’s, Dow Chemical, and Whirlpool. Stock number three is: J.C. Penney Co., (SYMBOL: JCP) and the headline says: Crista Huff is a retired stockbroker from a NYSE member investment firm. 12:23 AM from Town Hall Read more »
J.C. Penney Q1 loss widens as new chief makes changes
back, and the way to do that is discounting and couponing again,” said Snyder, who has a “hold” rating on the shares. J.C. Penney fell 2.3% to US$18.35 on Thursay in late trading. The shares had declined 4.7% this year through the New York close, compared 5/17/13 from The Star Malaysia Read more »
Is J.C. Penney Back From the Dead?
discussion with host Chris Hill and analysts Ron Gross, James Early, and Charly Travers. In a surprise to absolutely no one J.C. Penney's (NYSE: JCP ) first-quarter revenue fell 16%. In this segment from the Motley Fool Money radio show, our analysts discuss 5/17/13 from Motley Fool Read more »
J.C. Penney, Stage Stores, ViaSat are big movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: Still reeling from its former CEO’s turnaround plan, the department-store chain said that its loss in the first quarter wid 5/17/13 from Boston.com Read more »