Tax Free Weekend: One Stop ShoppingTax 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.
JC Penney CEO Gets 50-Percent Base Pay RaiseJ.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.
JCPenney CFO Leaving The CompanyJCPenney'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.
JCPenney Lowers 'Poison Pill' ThresholdThe 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.
North Texans React To J.C. Penney Layoffs, Store ClosingsPlano-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.
JCPenney CEO Invests $1 Million In StockJCPenney 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.
JCPenney's Q3 Loss Widens As Sales EvenJCPenney 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.
JCPenney Key Sales Metric Up In OctoberJCPenney 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.
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.
JCPenney To Open On Thanksgiving NightJCPenney 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.
JCPenney Bringing Back Its Old LogoAn 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.
JCPenney Expects Ample Year-End Liquidity JCPenney, which has faced concerns it is burning through cash, still anticipates having ample liquidity at year's end.
JCPenney Expects $810 Million From Stock OfferJCPenney, the struggling retailer that is trying to reassure the market about its financial stability, expects to raise about $810.6 million via a public stock offering.
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.
JCPenney Pleased With Turnaround EffortsJCPenney Co., whose shares have been tumbling on worries about its business, says that it is pleased with its turnaround efforts so far.