You Searched For "JCPenney" and got 20 results
Sort By:
1 min read
JCPenney has filed for bankruptcy
JCPenney was forced to temporarily close all of its stores amid coronavirus. But its struggles stre…
Madeline Stone
3 mins read
JCPenney is abandoning millennials as it weathers an identity crisis in the wake of its CEO's departure
Ellison, who resigned as JCPenney's CEO in May, rolled out new initiatives such as adding millennia…
Mary Hanbury
2 mins read
Analysts say that JCPenney's Sephora partnership is weighing on the beauty retailer's sales and sending shoppers into the arms of its main rival, Ulta
These analysts said that this is playing into the hands of its competitors, such as Ulta, whose sto…
Mary Hanbury
1 min read
We went to JCPenney to see why sales are sinking - and it revealed why giant mall-based department stores are dying
Soltau made the remarks on an earnings call in response to a question about what she's learned sinc…
Hayley Peterson
1 min read
JCPenney is closing 8 stores - here's where they will shut down
JCPenney also revealed this week that it is closing a distribution center in Wisconsin that fulfill…
Hayley Peterson
5 mins read
Retail experts warn that JCPenney's new CEO may not be able to fix the company's massive problems
JCPenney's stock price rose more than 10% on the news. While investors were likely reassured that t…
Mary Hanbury
2 mins read
JCPenney is enticing workers with free vacations to New York and Miami as retail's 'war for talent' heats up
Kohl's announced 15% discounts and "associate shopping days" for seasonal workers. Macy's, which is…
Mary Hanbury
3 mins read
Amazon could buy Macy's, Kohl's, or JCPenney over Target
Target would give Amazon access to nearly 2,000 stores, but it has too much overlap with Amazon in …
Hayley Peterson
2 mins read
JCPenney says it's helping to suck the life out of Sears
Sears has been closing hundreds of stores amid a years-long sales decline. The company said this we…
Hayley Peterson
2 mins read
JCPenney is scavenging the carcasses of America's dying retailers
Going forward, as J.C. Penney grows its appliances business, it is expecting to steal even more Sea…
Hayley Peterson
1 min read
More than 300 store closures are announced in a single day, as the retail apocalypse rips through JCPenney, Gap, and Victoria's Secret
Gap said Thursday that it would close 230 namesake stores in the next two years, as it reported tha…
Hayley Peterson
1 min read
Real estate billionaire David Simon is facing a make-or-break moment whether he can reinvent his mall business with a controversial bet on JCPenney
David Simon is CEO of Simon Property Group. The largest shopping mall operator in the US is part of…
Daniel Geiger
2 mins read
Oracle wins bid to become TikTok's 'trusted technology provider' in US
The deal between Oracle and TikTok's parent company, ByteDance, will now have to be submitted to th…
Paige Leskin
2 mins read
JCPenney is being rescued by a tentative deal struck with its mall landlords
JCPenney is being acquired through a joint venture between Simon Property Group and Brookfield Prop…
Madeline Stone
3 mins read
'Bond King' Jeffrey Gundlach says the day-trading boom is 'downright terrifying'
The billionaire investor said in a Tuesday webcast: "Of course retail investor activity is downrigh…
Saloni Sardana
3 mins read
The unemployment rate has fallen to a 48-year low, and it's terrifying news for Walmart, McDonald's, and JCPenney
Shake Shack, Taco Bell, and McDonald's are all rolling out ordering kiosks across the country. Arby…
Kate Taylor
1 min read
JCPenney has hired a new CEO months after an abrupt resignation by its former chief executive
Ellison launched a turnaround effort to bring JCPenney back from the brink of financial disaster. H…
Mary Hanbury
1 min read
We went shopping at Macy's and JCPenney to see which was a better department store, and the winner was clear
But department stores are no longer in their heyday. The rise of e-commerce, declining foot traffic…
Jessica Tyler,Jessica Tyler
2 mins read
JCPenney could be bought by its lenders after talks with potential buyers stall due to 'egos' and 'negotiating postures,' lawyers say
Talks with three potential bidders for JCPenney have reached a "stalemate," and now it could be bou…
Madeline Stone
2 mins read
JCPenney is selling its three private jets to cut costs after its CEO flees
"JCPenney is pursuing the sale of its corporate aircraft as part of an ongoing Company effort to ma…