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J.C. Penney

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“Legacy West” Development Will Give Economic Boost To Plano

The city of Plano cleared the way for a huge new development Monday night that could be the biggest combination of urban living and retail of its kind in North Texas.

06/23/2014

(credit: Justin Sullivan/Getty Images)

JC Penney CEO Gets 50-Percent Base Pay Raise

J.C. Penney’s reinstalled CEO Mike Ullman is poised to get a big pay increase as the department store chain shows some signs of a turnaround. J.C. Penney Co. could increase Ullman’s base salary to $1.5 million for this year, from $810,606.

03/24/2014

(credit: Justin Sullivan/Getty Images)

North Texans React To J.C. Penney Layoffs, Store Closings

Plano-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.

CBS 11–01/15/2014

(credit: Justin Sullivan/Getty Images)

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

(credit: Justin Sullivan/Getty Images)

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

A sign marks the location of a JCPenney store. (credit: Getty Images/Scott Olson)

JCP Shares Up After Reports Of New CEO Search

Shares of J.C. Penney shares jumped 7 percent after a media report that the retailer is starting a new CEO search to replace Mike Ullman.

08/08/2013

(credit: Justin Sullivan/Getty Images)

Plano Continues To Attract Big Business

When Ross Perot brought EDS to Plano in the early 1980’s, it served as a magnet for other major companies. Today, the city continues to attract even more business.

KRLD–06/12/2013

(credit: Justin Sullivan/Getty Images)

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.

05/01/2013

(credit: Justin Sullivan/Getty Images)

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.

04/29/2013

(credit: Justin Sullivan/Getty Images)

Judge: JCP Can Sell Martha-Designed Goods For Now

A judge ruled Friday that J.C. Penney can sell some goods designed by Martha Stewart that were destined for shelves this spring β€”for now.

04/12/2013

(credit: Justin Sullivan/Getty Images)

JCPenney Trial Over Martha Stewart Brand Resumes

Attorneys for Plano-based J.C Penney and Macy were back in court Monday to fight over the Martha Stewart brand after a month-long mediation period went nowhere. The court-ordered mediation followed nearly three weeks of testimony.

04/08/2013

Martha Stewart testifies in court on March 5, 2013. (credit: David Handschuh-Pool/Getty Images)

Martha Stewart Denies Wrongdoing In JCPenney Deal

Home diva Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of JCPenney’s stores across the country.

03/05/2013

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