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JCPenney

(credit: Justin Sullivan/Getty Images)

JC Penney Plans Public Stock Offering To Raise Funds

J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, the latest indication the chain is looking to shore up its cash reserves.

09/26/2013

(credit: Justin Sullivan/Getty Images)

JCPenney Pleased With Turnaround Efforts

JCPenney Co., whose shares have been tumbling on worries about its business, says that it is pleased with its turnaround efforts so far.

09/26/2013

Toys R Us employees clap as Black Friday bargain hunters enter the store. (credit: Michael Nagle/Getty Images)

Retailers Start Hiring Holiday Workers

The holidays are fast approaching and several retailers across the area are preparing for the busy shopping season by increasing their staff over the next few months.

09/24/2013

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Ackman Loses In JCPenney Share Sale

JCPenney’s biggest investor Bill Ackman is through with the retailer, selling his entire 18 percent stake to Citigroup and taking a more than $400 million bath on the deal.

08/29/2013

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

Ackman To Get $504 Million From JCPenney Stake

JCPenney’s biggest investor, William Ackman, plans to raise up to about $504.4 million from the sale of his entire stake in the struggling department store operator.

08/27/2013

(credit: Justin Sullivan/Getty Images)

JCPenney Adopts ‘Poison Pill’ Plan

Struggling retailer JCPenney is adopting a “poison pill” shareholder plan just two days after reporting its sixth straight quarter of big losses and steep revenue declines.

08/22/2013

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JCPenney Posts Big Q2 Loss On Falling Sales

JCPenney is reporting another big loss on a nearly 12 percent drop in revenue for the second quarter.

08/20/2013

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JCPenney & Ackman Sign Pact On Share Sales

JCPenney and its largest shareholder, William Ackman, have made a deal that sets terms for allowing him to unload his stake in the company.

08/16/2013

(credit: JCPenney)

JCPenney Blasted Over ‘Back To School’ Ad

Struggling retailer JCPenney is under fire again, this time for one of the company’s latest ‘back to school’ television advertisements.

08/14/2013

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Ackman Resigns From JCPenney Board

William Ackman has resigned from JCPenney’s board as part of a deal to resolve a public battle between the activist investor and the struggling department store operator.

08/13/2013

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

JCPenny

JCPenney Hires Kraft Executive As Marketing Chief

Beleaguered department store JCPenney named Kraft Foods executive Debra Berman as senior vice president of marketing to help revitalize the struggling brand.

08/05/2013

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