J.C. Penney Posts 4Q Loss, But Is Winning Back CustomersJ.C. Penney Co. is reporting its fourth-quarter loss widened from a year ago, dragged down by restructuring costs. But its adjusted profit met analysts' estimates and the department store chain saw an uptick in spending for the holidays.
Plano-Based JCPenney Reports Loss But Tops ExpectationsJ.C. Penney Co. said Friday sales that rose 6.4 percent at established locations in the third quarter and expressed confidence about its ability to compete in the upcoming holiday shopping season.
JC Penney Shares Slide After 4Q MissShares in J.C. Penney Co. are tumbling in aftermarket trading after the department store chain posted disappointing results for its key holiday-shopping-season quarter.
J.C. Penney 3Q Loss Narrows, But Sales SlowJ.C. Penney Co. narrowed its third-quarter loss but reported slower sales, a note of warning with the critical holiday shopping season coming up.
North Texans React To J.C. Penney Layoffs, Store ClosingsPlano-based J.C. Penney has announced the closure of 33 stores nationwide. The stores are located in 20 different states across the country, and company officials insist none are planned for closing in Texas.
JC Penney Plans Public Stock Offering To Raise Funds J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, the latest indication the chain is looking to shore up its cash reserves.
J.C. Penney's Largest Investor Bails OutThe 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.
JC Penney 1Q Revenue Down AgainJ.C. Penney Co.'s first-quarter revenue fell yet again and the struggling department store operator is pointing fingers at prior leadership
J.C. Penney Ad Apologizes To Customers Plano-based J.C. Penney is sorry, and it wants your business back. That's the gist of its latest ad that the mid-priced department-store put on its YouTube and Facebook pages.
JCPenney To Get $1.75B In Financing, Shares Rise Plano-based J.C. Penney is confirming that Goldman Sachs will provide it with $1.75 billion in financing, sending shares up 3 percent in trading.
JCPenney & Macy To Spar In Court Over Martha Stewart Let the pots and pans fly. Two of the nation's biggest department stores -- J.C. Penney Co. and Macy's Inc. -- are expected to duke it out in court over the right to sell Martha Stewart merchandise.
JCPenney Is Biggest S&P Stock Loser J.C. Penney Co. executives may be confident in the department-store chain's everyday pricing strategy, but investors are panicking. The Plano-based company's stock fell nearly 11 percent on Monday.