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J C Penney Company Inc (NYSE:JCP) Eliminating Positions At Its Corporate Headquarters

J C Penney Company Inc (NYSE:JCP) announced laying off an undisclosed number of corporate employees, after the announcement that it plans to shutter up to 140 stores, last month. And since they’ll be opening in fewer locations, it became necessary to adjust the staff relative to the company’s store portfolio, as per Joey Thomas, J.C. […]

J C Penney Company Inc (NYSE:JCP) On A Hunt For Top Merchandising Position, A New Chief Merchant

J C Penney Company Inc (NYSE:JCP) recently announced that it is now on a hunt for new chief merchant, who would succeed the present executive, Elizabeth H. Sweney. The designation, which is said to be the top most in the hierarchy of J C Penney Company Inc’s merchandising job, was held by Elizabeth H. Sweney […]

J C Penney Company Inc (NYSE:JCP) To Enter The Plus Size Women Apparel Segment Through ‘The Boutique’

J C Penney Company Inc (NYSE:JCP) recently announced that it shall launch the new plus-size apparel format called ‘The Boutique’ in 12 different stores on 9 October 2015. The official website of J C Penney Company Inc has also changed the name of its plus-size website to the name of format. With this concept, the […]

J.C. Penney Company, Inc. (NYSE:JCP) With An Issuer Default Rating Of ‘CCC’

Boston, MA 06/05/2014 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) is actively involved in selling merchandise and offering its services to the customers via its departmental stores and, of course, through its official website jcp.com. JCP has a well knit network throughout the continental United States, Puerto Rico and Alaska. Further, the company operates in […]

J.C. Penney Company Inc. (NYSE:JCP) – An Old Giant Reawakens

Boston, MA 03/11/2014 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) has certainly been around for long enough to have seen variations in its own economic fortunes as well as the economic cycles of growth and decline of the American economy. Will Penney Survive Sandwiched between big-box retailers like Wal-Mart Stores, Inc. (NYSE:WMT), The Kroger Co. […]

J.C. Penney Company, Inc. (NYSE:JCP), Macy’s And Sears to Cut Jobs, Close Stores

Boston, MA 01/17/2013 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) is reacting to its dismal performance in the holiday season of December by cutting thousands of jobs and closing several stores in efforts to curb losses and restore profitability. But the century-store is not alone in the latest exercise aimed at streamlining operations in the […]

Why Former J.C. Penney Company, Inc. (NYSE:JCP) CEO Isn’t Saying Something Big About The Company

Boston, MA 12/17/2013 (wallstreetpr) – Former J.C. Penney Company, Inc. (NYSE:JCP) CEO Ron Johnson has remained nearly silent since April when he was forced out as CEO of the company. And Ron is not going to say anything big about the company or his tenure there, at least in the near future. Ron was the CEO […]

J.C. Penney Company, Inc. (NYSE:JCP) Goes Retro

Boston, MA 12/13/2013 (wallstreetpr) –  J.C. Penney Company, Inc. (NYSE:JCP), it appears has finally found its moorings. For the once popular retail store in branded wear had lost its ability to catch footfalls and translate into high sales. Industry experts attribute the fall of the once-successful retailer to the ill-conceived strategies and marketing novices. Where […]

Something Strange In J.C. Penney Company, Inc. (NYSE:JCP) Current Valuation

Boston, MA 11/29/2013 (wallstreetpr) – The question to begin with is how far J.C. Penney Company, Inc. (NYSE:JCP) is from recovery? To answer this question, another question would be asked about what true recovery of the retail chain means. Without dispute, most everyone agrees that the company needs to get to its performance levels of 2010. […]

J.C. Penney Company, Inc. (NYSE:JCP): The Ship Is On Course, Just Allow Time -ALLE*, IR, AAPL

Boston, MA 11/27/2013 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP)’s latest slap in the face is removal from the S&P 500 Index after bleeding most of its market value. The replacing company is  Allegion PLC (NYSE:ALLE*) which is set for spin off by the parent company Ingersoll-Rand PLC (NYSE:IR). JCP’s downfall from the benchmarking index […]

After Q3 Results, Is J.C. Penney Company, Inc. (NYSE:JCP) Dying Or Regaining Ground?

Boston, MA 11/25/2013 (wallstreetpr) – Retail business can be complex. But retailers often have better opportunities to rebound compared to players in other industries. We have the struggling J.C. Penney Company, Inc. (NYSE:JCP), but we can look at Best Buy for instance to see just how quickly a turnaround can occur in retail business. Moreover, […]

Further Increased Losses Expected For J.C. Penney Company, Inc. (NYSE:JCP); 3Q Results Awaited Wednesday

Boston, MA 11/19/2013 (wallstreetpr) – Troubled American retail chain J.C. Penney Company, Inc. (NYSE:JCP) is expected to net further losses in its current quarter, according to analyst expectations and the company itself. J.C. Penney’s (JCP) quarterly report due on Wednesday will see investors anxiously anticipate the long-awaited turnaround for the sinking national retailer start to materialize. […]

J.C. Penney Company, Inc. (NYSE:JCP) draws financial investors attention

Boston, MA, 11/15/2013 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) in the third quarter of the current financial year has drawn attention from three well known financial investors, while the fourth investor has raised its stake in the company, even as its program to overhaul has not worked and its share prices have fallen. The […]

J.C. Penney Company, Inc.(NYSE:JCP) reports increase in same store sales

Boston, MA, 11/13/2013 (wallstreetpr) – J.C. Penney Company, Inc.(NYSE:JCP) has reported on Thursday that its same store sales had gone up for the first time in two year. It attributed the rise to the discounts it was giving its clients and keeping merchandise its long time shopper liked. The company had been offering sharp discounts […]

J.C. Penney Company Inc (NYSE:JCP) recognized for the military support

Boston, MA, 11/12/2013 (wallstreetpr) – With the success, J.C. Penney Company Inc (NYSE:JCP) has managed to get its name in the Victory Media’s 2014 Military Friendly Employer List. The criterion which was used by Victory Media, the publisher of G.I. Job Sand Military Spouse Magazines for putting the name of J.C. Penney Inc in the […]

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