JCPenney Furloughs Most Workers, Extends Store Closures Due To CoronavirusThe coronavirus crisis continues to impact the economy, with retailer JCPenney announcing Tuesday it will extend the temporary closure of its stores and temporarily furlough the majority of its hourly associates.
Thomas Jefferson High School Seniors Get Holiday Surprise From Plano-Based JC PenneyJCPenney surprised Thomas Jefferson’s senior class with $100 gifts cards at their morning assembly on Tuesday.
As JC Penney Raises Profit Forecast, CEO Tries To Reinvigorate StoresTroubled department store chain J.C. Penney raised its annual profit forecast Friday after reporting narrowed losses.
Low Trading Price Could Get JC Penney Kicked Off New York Stock ExchangePlano-based J.C. Penney Co. is being warned that its stock could be removed from the New York Stock Exchange for trading below $1 for too long.
JC Penney Continues To Struggle; Posting First Quarter LossesLosses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses.
Investors Caught Off Guard By Weak Holiday Sales At Department StoresUnemployment is low, wages are rising, consumer confidence is high and gasoline is cheap, but that didn't result in more Americans loosening their purse strings this past holiday season.
JCPenney Stock Falls Below $1 For First TimeThe 110-year-old Plano-based company hasn't been profitable since 2010.
JCPenney Hires New Chief Executive OfficerPlano-based JCPenney announced Tuesday the appointment of Jill Soltau as Chief Executive Officer and a member of the Board of Directors.
Walmart Sees Sales Rise At Stores And Online, Raises OutlookWalmart raised its financial outlook for the year after beating Wall Street's expectations for the quarter and seeing the strongest growth in more than a decade.
JCPenney Cuts Outlook After Losses Bigger Than ExpectedJCPenney reported a bigger-than-expected loss in its fiscal second quarter, as a key sales metric fell well short of Wall Street's view. The company also cut its full-year forecast again.
J.C. Penney To Open 500 Baby Shops Amid Babies R Us DemiseJ.C. Penney is expanding the baby products it sells at stores as the retailer joins other chains trying to reel in former Babies R Us customers.
Why Penney, Macy's, Gap, Other Retailers May Have To Close More StoresDuring a recent JCPenney earnings conference call, CEO Marvin Ellison described the retail industry as the "most challenging and competitive" it has been in 50 years.
JC Penney Shares Plunge After CEO Ellison Departs For Lowe'sJ.C. Penney's CEO is leaving the company to become the top executive at Lowe's.
JC Penney Outlook Spooks Wall StreetJ.C. Penney is reporting a first-quarter loss along the lines of what analysts had expected, but also strong revenue.
Retailer + Cowboys Linebacker + YMCA = Thankful ChildrenFor the fourth year in a row JCPenney teamed up with the YMCA for their annual JCPenney Giving Spree.