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.
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.
As J.C. Penney Co. aims to re-invent itself, it’s hoping a famous former employee can help out. Talk-show host Ellen DeGeneres will make store appearances and star in a new TV ad campaign.
J.C. Penney Co.’s chairman and CEO says the department store operator is well positioned for the holiday season, but that it has pulled expectations back a bit.
With back-to-school shopping in full swing, storefronts big and small are often adorned with advertisements filled with eye-catching phrases like “one-day-only” and “biggest sale.” But how often is that true?
PLANO (AP) – J.C. Penney Co. is looking to bite into the magic of Apple. The Plano-based department store chain has named Ron Johnson, who pioneered Apple Inc.’s retail stores, its next CEO. He will […]
In Burleson, someone swiped $40,000 to $50,000 dollars’ worth of jewelry from behind the counter of a JCPenney store.