JCPenney

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

(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

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

JCPenney To Open On Thanksgiving Night

JCPenney is opening its doors on Thanksgiving to kick off the holiday shopping season, as the beleaguered retailer hopes to get back in the game for the crucial selling period.

10/18/2013

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

JCPenney Bringing Back Its Old Logo

An old favorite is returning to JCPenney stores across the country. The former company logo is coming back, after a brief trip to the storage room under now-ousted CEO Ron Johnson.

10/09/2013

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