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J.C. Penney

Martha Stewart signs copies of her cookbooks at Williams-Sonoma. (credit: Stephen Lovekin/Getty Images)

Martha Stewart Testifies In JCPenney/Macy’s Trial

Eight years after Martha Stewart was released from prison for lying about a stock trade, the 71-year-old home diva is on the witness stand, in the middle of a bitter legal battle between Plano-based J.C. Penney Co. and Macy’s Inc.

03/05/2013

JCPenny

J.C. Penney Facing Possibility Of Empty Shelves

J.C. Penney, which is struggling with big losses and steep sales declines, could face another challenge: empty shelves.

03/05/2013

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

CEO Testifies In JCPenney Fight Over Martha Stewart

Macy’s CEO Terry Lundgren testified on Monday that he hung up on home diva Martha Stewart after she called to inform him back in December 2011 that her company had signed a deal with J.C. Penney to open shops at most of the chain’s stores.

02/25/2013

File photo of the front of a JCPenney. (credit: Getty Images)

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.

02/20/2013

A sale sign on display in a store. (credit: Mario Tama/Getty Images)

Retailers Now Banking On Returns To Help 2012 Sales

Bad weather nationally is one of the reasons given for a kind of lackluster Christmas shopping season, and now retailers hope for a last-minute holiday spending spree to meet sales expectations.

12/26/2012

Shoppers arrive at a J.C. Penney store. (credit: Scott Olson/Getty Images)

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.

11/12/2012

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

J.C. Penney Reports Hefty 3Q Loss

J.C. Penney Co. reported a bigger-than-expected loss in the third quarter on plummeting sales as customers continue to reject its move get rid of blockbuster sales in favor of everyday low pricing.

11/09/2012

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

J.C. Penney’s Stock Plunges On Short-Term Outlook

J.C. Penney & Co.’s stock is one of the market’s biggest decliners Thursday after the department store chain said that it expects its financial struggles to continue during the second half of the year.

09/20/2012

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

J.C. Penney Says Company President Is Leaving

J.C. Penney Co. says Michael Francis, the former Target Corp. executive brought in to redefine the brand, is leaving the company.

06/18/2012

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

J.C. Penney Reports Loss And Plummeting Sales In 1Q

J.C. Penney is reporting a bigger-than-expected loss and plummeting profits in the first quarter as many of its customers are rejecting a new bold pricing strategy that puts an end to rampant discounting in favor of everyday low prices.

05/15/2012

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

JC Penney Chief Financial Officer Leaving Company

J.C. Penney Co. says Chief Financial Officer Michael Dastugue will leave the company Friday in the wake of a broader shakeup of the department store operator’s business.

04/11/2012

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

600 J.C. Penney Workers Laid Off, 13 Percent Of Plano Staff

Plano-based J.C. Penney Co. says it has laid off 600 associates, or 13 percent of the staff at its headquarters today. The move comes as the department store chain looks to streamline its operations amid a major reinvention of the business.

04/05/2012

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