JCPenney

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

JCPenney Expects Strong Q1 Sales Metric

Plano department store operator JCPenney said Tuesday that it anticipates fiscal first-quarter sales at stores that have been open at least a year will top analyst expectations.

04/14/2015

(credit: Justin Sullivan/Getty Images)

JCPenney Giving Hair Salons A Makeover

JCPenney is giving its hair salons a makeover in a bid to lure customers, who it hopes will then stay in the stores to shop. The test starts in July in four cities, including Dallas.

02/05/2015

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

JCPenney Closing 40 Stores This Year

JCPenney announced Thursday that it will close about 40 stores this year and cut approximately 2,250 jobs, as it tries to recover from a disastrous attempt to reshape its brand.

01/08/2015

Marvin Ellison (credit: JCPenney)

JCPenney Names Ellison As Next CEO

JCPenney said Monday that Marvin Ellison, currently executive vice president of stores at The Home Depot, will become president in November and as CEO next August.

10/13/2014

Shoppers peruse notebooks and other back-to-school items in a Walmart store. (credit: Tim Boyle/Getty Images)

Tax Free Weekend: One Stop Shopping

Tax Free Shopping Weekend is here! For the 16th year in a row, Texas shoppers will avoid paying state sales tax while stocking up on back-to-school essentials.

08/08/2014

(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

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

JCPenney CFO Leaving The Company

JCPenney’s chief financial officer, Ken Hannah, is leaving the department store operator. The chain has named Ed Record as his successor, effective beginning March 24.

02/13/2014

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

JCPenney Lowers ‘Poison Pill’ Threshold

The JCPenney shareholder rights plan can now be put into effect if an individual or group acquires 4.9 percent or more of its outstanding stock. That’s down from 10 percent.

01/28/2014

(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

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

JCPenney CEO Invests $1 Million In Stock

JCPenney CEO Mike Ullman showed his faith in the struggling department store chain by buying 112,000 shares of JCPenney stock at $8.95 apiece at the end of last week.

11/26/2013

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

JCPenney’s Q3 Loss Widens As Sales Even

JCPenney reported on Wednesday that it lost $489 million in the last three months, but the Plano department store chain’s results showed that its business is starting to stabilize.

11/20/2013

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

JCPenney Key Sales Metric Up In October

JCPenney said that a key sales barometer rose in October for the first time in nearly two years. Sales at stores open at least a year edged up 0.9 percent last month.

11/07/2013

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