J C Penney (NYSE:JCP) Pulls Down Racist Display After Outcry

J C Penney (NYSE:JCP) has removed a racist display from one of its malls in Sioux City, Iowa, following a social media outcry. The firm came under fire after an Iowa resident Michelle Free-LaMere posted a video and photo of several mannequins in the Iowa store wearing ‘Tribe-themed t-shirts’ with different racist inscriptions. According to […]

JC Penney Company Inc (NYSE:JCP) Expands Its Business To Home Services

JC Penney Company Inc (NYSE:JCP) reported on Monday that it is launching Home Services program. This is in a mission to take advantage of the “strong housing market”. The program is going by the name JC Penny Home Services. Details of the project This comes when homeowners are increasingly investing a greater percentage of their […]

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) 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. […]

J C Penney Company Inc (NYSE:JCP): Buy near $9.50 with tight stop loss

Boston, MA 09/26/2014 (wallstreetpr) – J C Penney Company Inc (NYSE:JCP) (Closed: 10.14, Down: 2.97%) opened flat but was soon dragged lower to end the day not much higher from the day low. The stock has been in a short term downtrend for the second week and shows all the signs of going much lower. […]

J C Penney Company Inc (NYSE:JCP) Lifts Maximum Tender Amount But Puts A Cap

Boston, MA 09/23/2014 (wallstreetpr) – A chain of retail company, J C Penney Company Inc (NYSE:JCP) disclosed that it has increased the maximum tender amount it was offering to buy in the tender offer. However, the company has added caps for the different tender notes due in the next two years. Lifts Tender Amount J […]

J C Penney Company Inc (NYSE:JCP) Decides To Announce The Pricing of Senior Unsecured Notes

Boston, MA 09/11/2014 (wallstreetpr) – According to recent reports, J C Penney Company Inc (NYSE:JCP) has decided to come up with debt offering to raise additional fund in order to finance various short-term and long-term organizational obligations. Recently JCP announced that its subsidiary J. C. Penney Corporation, Inc. had upsized and priced its public offering. […]

J C Penney Company Inc (NYSE:JCP) Collaborates With Sports Ecommerce Tycoon, Fanatics To Launch An Innovative Online Sports Fan Shop

Boston, MA 09/03/2014 (wallstreetpr) – J C Penney Company Inc (NYSE:JCP) announced recently that it collaborated with Fanatics, one of the largest portal on the Web for officially licensed and authorized sports merchandises, in order to launch Sports Fan Shop. The innovative Sports Fan Shop will be launched on a web portal called JCPenney.com and […]

Sears Holdings Corp (NASDAQ:SHLD)’s Turnaround Story Reveals More Challenges Than Opportunities

Boston, MA 08/22/2014 (wallstreetpr) – Sears Holdings Corp (NASDAQ:SHLD) is a retailer under siege, and even its turnaround efforts appear to be doing little to shore up the company’s balance sheet. The company recently conceded that its financial problems have not cooled, even though it hopes they would someday. In its 2Q results, the retailer […]

J C Penney Company Inc (NYSE:JCP) Trying To Bounce Back With A Strong Liz Claiborne Brand Campaign For Autumn Collection

Boston, MA 08/14/2014 (wallstreetpr) – The marketers in American markets have already started promoting the fall fashion, even if it is still summer. J C Penney Company Inc (NYSE:JCP), in the same context, has already pulled up its socks to polish the repute of its most acclaimed and crucial women-centric house brands, Liz Claiborne. JC Penny […]

J.C. Penney Company, Inc. (NYSE:JCP)’s Search For New CEO Suffers Setback

Boston, MA 07/15/2014 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP), a struggling retail operator, suffered a setback in its search for the next chief executive officer to replace Mr. Mike Ullman who was rehired on temporary terms last year to right the ship after nearly 17 months of disastrous management and performance. According to the […]

J.C. Penney Company, Inc. (NYSE:JCP) Solves On Big Problem – Money

Boston, MA 06/25/2014 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP), which is struggling to make itself relevant to customers and shareholders after years of missteps, needs money to manage its turnaround. Fortunately, the company recently closed a credit facility that will bolster its cash position. The company closed almost $2.4 billion in senior secured credit […]