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CEO Ron Johnson

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JC Penney, Martha Stewart Scale Back Partnership

Ahead of a ruling in its fight with Macy’s over Martha Stewart products, Plano-based J.C. Penney Co. is scaling back its partnership with the media and merchandising company.

10/21/2013

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J.C. Penney’s Largest Investor Bails Out

The move comes two weeks after Ackman resigned from J.C. Penney’s board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator.

08/26/2013

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JC Penney Cuts An Additional 2,200 Workers

J.C. Penney Co. confirmed Friday it’s eliminating an additional 2,200 jobs as the struggling department store chain slashes costs after a year of plunging sales and mounting losses.

03/08/2013

JCPenny

J.C. Penney Shares Fall After Hours On Sale Report

Shares of J.C. Penney fell 10.6 percent on Tuesday to a four-year low after media reports said a large shareholder sold a chunk of the struggling retailer’s stock.

03/05/2013

JCPenny

JC Penney Posts 4th Straight Loss, Sales Drop

The mid-priced department store chain reported another much larger-than-expected loss in the fiscal fourth quarter on a nearly 30 percent plunge in revenue in the latest sign shoppers aren’t happy with the changes it’s made in the past year.

02/27/2013