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JC Penney Company Inc.

JC Penney Company Inc.
A collection of news and information related to JC Penney Company Inc. published by this site and its partners.

Top JC Penney Company Inc. Articles

Displaying items 100-110
  • January retail sales fall short amid storms; J.C. Penney gets new CFO

    The winter economic blues continue. Retail sales unexpectedly fell 0.4% in January from December, the government said Thursday. That was the biggest drop in 18 months and the latest in a series of blah reports on the economy. Sales were “...
  • A tepid Christmas? Holiday hiring slumps from record levels

    Retailers slammed with preparations for the Thanksgiving and Black Friday shopping bonanza last month added 471,000 workers to payrolls -- a number that fell 4.7% short of the record 494,400 seasonal employees brought on board during November 2012. Last...
  • Mattel to compete with Lego with $460 million Mega acquisition

    Mattel Inc. dominates the market for dolls with its Barbie, Monster High and American Girl brands. But now it also wants to play with blocks. The El Segundo giant is paying $460 million to buy Canadian construction toy company Mega Brands Inc. as it...
  • Penney broadens poison pill defense; Abercrombie ditches its version

    J.C. Penney Co. just made it easier to trigger its shareholder rights plan — a.k.a. its poison pill defense against hostile takeover attempts — leading to early speculation on Wall Street that potential buyers might be sniffing for an opening....
  • More than 750 retailers to take part in Wednesday's Free Shipping Day

    Fewer than 10 days remain until Christmas, and retailers are trying to make the most of the holiday crunch time by luring online shoppers with free delivery offers. Wednesday is Free Shipping Day, a last-minute consumption craze initiated in 2008 by...
  • L.A. private-equity firm buys Lucky Brand Jeans for $225 million

    L.A. private-equity firm buys Lucky Brand Jeans for $225 million
    Fifth & Pacific Companies Inc. has agreed to sell Lucky Brand Jeans to Los Angeles private-equity firm Leonard Green & Partners for $225 million, the companies announced Tuesday. William L. McComb, Fifth & Pacific's chief executive, said the Lucky sale is...
  • Prepare for the worst holiday season since 2008, Morgan Stanley says

    Prepare for the worst holiday season since 2008, Morgan Stanley says
    Researchers at Morgan Stanley have a pretty simple forecast for the coming holiday season: Expect coal. A new report from the financial services firm anticipates the period between Thanksgiving and Christmas this year to be the slowest and most...
  • J.C. Penney stock up as retailer cites 'solid progress' in turnaround

    J.C. Penney stock up as retailer cites 'solid progress' in turnaround
    J.C. Penney Co.'s depressed stock regained some ground Tuesday after the company said it was “making solid progress in its turnaround.” In a self-issued report card, the department store chain said it anticipates that it will have more...
  • Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit

    Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit
    Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide. The Danish company, whose star turn in “The Lego Movie” has...
  • Macau casinos outpace total U.S. market, rake in record take in 2013

    Las Vegas is no longer the gambling capitol of the world. Not by a long shot. The tiny Chinese city of Macau reported a whopping $45 billion of gambling revenue in 2013, a figure analysts expect will be about seven times as much as casinos on the iconic...
  • Cyber Monday was biggest online shopping day ever, data firm says

    Bargain-hunting shoppers on Cyber Monday broke consumption records, making the online shopping bonanza the biggest e-commerce day in history, according to data from IBM Digital Analytics Benchmark. Online sales surged 20.6% compared with the same day...