(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.


(credit: Justin Sullivan/Getty Images)

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.


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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.


(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.


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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.


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.



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.


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Final Arguments In Martha Stewart Case

Attorneys for JCPenney and Macy’s are back in court Thursday to present closing arguments in a contract dispute over a partnership with the Martha Stewart brand.



Teapot On JCPenney Billboard Resembles Hitler

A billboard in Culver City, CA has had bloggers buzzing about its uncanny resemblance to former German Nazi Chancellor Adolf Hitler.


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J.C. Penney Ad Apologizes To Customers

Plano-based J.C. Penney is sorry, and it wants your business back. That’s the gist of its latest ad that the mid-priced department-store put on its YouTube and Facebook pages.


(credit: Justin Sullivan/Getty Images)

JCPenney To Get $1.75B In Financing, Shares Rise

Plano-based J.C. Penney is confirming that Goldman Sachs will provide it with $1.75 billion in financing, sending shares up 3 percent in trading.


(credit: Justin Sullivan/Getty Images)

JCPenney Draws $850 Million From Revolving Credit Line

JCPenney said that it has drawn $850 million from its $1.85 billion revolving credit line, a clear sign that the flailing department store chain is in a severe cash crunch.