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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 89-99
  • Bill Ackman steps down from J.C. Penney board

    Boardroom brawling at J.C. Penney Co. has claimed its latest casualty: activist investor Bill Ackman, who stepped down as a director after publicly voicing concerns about the struggling retailer's chief executive and chairman. The department store chain...
  • Paula Deen isn't off the hook for her food or behavior

    Paula Deen isn't off the hook for her food or behavior
    It’s true that a federal judge on Tuesday tossed out the racial discrimination claims against Paula Deen in a lawsuit brought by a former restaurant employee. Does this mean that Deen has been unfairly maligned as a racist and that she will...
  • A sour economic signal: Wal-Mart misses expectations, cuts outlook

    A sour economic signal: Wal-Mart misses expectations, cuts outlook
    Wal-Mart Stores Inc., the world’s largest retailer, cut its outlook for the rest of the year after reporting second-quarter earnings that fell below expectations. The disappointing performance, coupled with pessimistic forecasts from Macy’...
  • J.C. Penney earnings worse than expected, but hope endures

    J.C. Penney earnings worse than expected, but hope endures
    J.C. Penney Co. on Tuesday reported yet another round of dismal quarterly earnings, disappointing Wall Street as the struggling retailer pushes through yet another turnaround effort pocked by infighting and investor concern. In its second quarter (the...
  • J.C. Penney loss widens as revenue falls 12%

    J.C. Penney Co. on Tuesday reported yet another round of dismal quarterly earnings, disappointing Wall Street as the struggling retailer pushes through a turnaround effort pocked by infighting and investor concern. In its second quarter, which ended...
  • Further evidence of housing recovery? Lowe's earnings jump 26%

    Further evidence of housing recovery? Lowe's earnings jump 26%
    Lowe's fiscal second-quarter earnings provided even further evidence that the housing recovery is boosting the economy. Lowe's Cos. on Wednesday reported that earnings for the quarter that ended Aug. 2 jumped 26% to $941 million, or 88 cents a share,...
  • J.C. Penney adopts poison-pill defense after disappointing earnings

    J.C. Penney Co. is girding itself against wannabe corporate raiders, adopting a shareholder rights plan known as a poison pill after reporting yet another quarter of dismal earnings. The tactic attempts to fend off hostile acquisitions by making it...
  • Folgers No. 1 cup of Joe in America; coffee snobs may cringe

    Folgers No. 1 cup of Joe in America; coffee snobs may cringe
    A coffee connoisseur may look for balanced flavors, acidity and proper brewing technique in their cup of Joe, but America's palate prefers a more simpler brew: Folgers. J.M. Smucker Co., the maker of Smucker's jam and Folgers coffee, reported...
  • One Direction won't be performing at Victoria's Secret Fashion Show

    One Direction won't be performing at Victoria's Secret Fashion Show
    One Direction reportedly has signed on to perform at the annual Victoria's Secret Fashion Show in November. [Sun] [Updated, 10:50 a.m. Aug. 27: Oops. No they're not. Although the Sun and a number of other media outlets reported that a deal had been cut,...
  • Nordstrom embraces British fashion with expanded Topshop partnership

    Nordstrom embraces British fashion with expanded Topshop partnership
    Nordstrom is investing in more Oxford Circus style, adding store-within-a-store boutiques featuring Brit brands Topshop and Topman to more of its upscale department stores, including the location under construction at the Americana at Brand. Topshop...
  • Billabong's brand value drops -- to zero!

    Billabong's brand value drops -- to zero!
    Billabong International Inc., a 40-year-old Australian surfwear company, reported its most dismal earnings ever as it wrote down the value of its namesake brand to zero. For the fiscal year ended June 30, the business said it suffered a net loss of 859....