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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) Hires The Home Depot, Inc. (NYSE:HD)’s Executive Marvin Ellison As Its President and CEO-Elect

Boston, MA 10/14/2014 (wallstreetpr) – J C Penney Company Inc (NYSE:JCP) disclosed the appointment of The Home Depot, Inc. (NYSE:HD)’s EVP of Stores, Margin Ellison, as its President and CEO-Designee. The appointment would take effect from November. The move indicated a smooth transition, as well as, well-planned strategy to stimulate growth in the coming years. […]

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