0$0.00

No products in the cart.

Tag: penney

Here’s why the biggest U.S. mall owner might want to buy JC Penney

Simon Property Group might want to own bankrupt J.C. Penney in order to be able to redevelop some of its best real estate and make it even better, according to one analyst.  “We believe Simon wants to control the J.C. Penney boxes and land so that it can ultimately redevelop many of these in order …

Here’s why the biggest U.S. mall owner might want to buy JC PenneyRead More

JC Penney is closing 13 more stores. Here’s a map of where they are

J.C. Penney is set to close 13 more stores this summer as it works toward restructuring its business in bankruptcy court.  The department store announced Monday evening the list of the locations, which faces court approval and includes two in New York and one in California.  It said these going-out-of-business sales are set to begin …

JC Penney is closing 13 more stores. Here’s a map of where they areRead More

JC Penney says it skipped a $12 million interest payment

Pedestrians pass a JC Penney store in New York. Scott Mlyn | CNBC J.C. Penney said Wednesday that it has chosen not to make a roughly $12 million interest payment due on April 15, as the coronavirus pandemic takes a toll on its business. It is entering into a 30-day grace period “in order to evaluate …

JC Penney says it skipped a $12 million interest paymentRead More

JC Penney yanks earnings outlook because of coronavirus

Shoppers sit outside of a J.C. Penney store at the Westfield Mall in Culver City, California. Martina Albertazzi | Bloomberg | Getty Images J.C. Penney has withdrawn its earnings outlook due to the uncertainty surrounding COVID-19. The department store chain announced Friday morning that it is not providing an updated outlook at this time. Earlier in …

JC Penney yanks earnings outlook because of coronavirusRead More

JC Penney (JCP) reports fourth quarter 2019 earnings

A woman shops for clothing at the JC Penney store in the Roosevelt Field Mall in Garden City, New York. Saul Martinez | Bloomberg | Getty Images J.C. Penney‘s fourth-quarter earnings topped analysts’ expectations, despite steep sales declines during the holiday season, the company said Thursday morning. Its stock, which trades below $1, jumped more …

JC Penney (JCP) reports fourth quarter 2019 earningsRead More

JC Penney revamps women’s clothing brand Ana, with a focus on denim

J.C. Penney is revamping one of its biggest in-house women’s apparel brands to focus more on denim and casual looks. The relaunch, announced Thursday, is part of Penney’s strategy to pull itself out of a sales slump and remain relevant as more and more people turn to Amazon for clothing. Starting Thursday, its Ana brand will have …

JC Penney revamps women’s clothing brand Ana, with a focus on denimRead More

J.C. Penney expands marketing team with four new VPs

J.C. Penney Company continues to remake its leadership team under the leadership of CEO Jill Soltau, naming six new VPs. The struggling retailer named Wendy Santana as VP of business development, responsible for identifying and overseeing partnerships and strategic business initiatives. She joins Penney after 20 years at Li & Fung – LF Americas/Oxford Collections, …

J.C. Penney expands marketing team with four new VPsRead More

J.C. Penney back at risk of delisting

Get great content like this right in your inbox. Subscribe J.C. Penney Co.’s weak stock price has caught up with it — again. J.C. Penney Co. announced that the company has received a notice from the New York Stock Exchange that it no longer meets the exchange’s criteria for a continued listing. NYSE rules state …

J.C. Penney back at risk of delistingRead More

J.C. Penney closing a few stores. Here are the locations…

Get great content like this right in your inbox. Subscribe J.C. Penney is trimming its store portfolio, but not by much. The department store retailer plans to shutter six stores by April 24, along with a call center in Lenexa, Kansas. The closings, which were first reported by USA Today, will leave Penney with approximately …

J.C. Penney closing a few stores. Here are the locations…Read More

JC Penney is closing 6 stores this year. Here’s where they are

J.C. Penney is set to close six of its department stores in 2020, a spokeswoman confirmed to CNBC. The stores, set to close by April 24, are at: Southgate Mall in Missoula, Montana; Myrtle Beach Mall in Myrtle Beach, South Carolina; Chapel Hill Mall in Akron, Ohio; North Hills Shopping Center in Raleigh, North Carolina; …

JC Penney is closing 6 stores this year. Here’s where they areRead More