Content about J.C. Penney

May 17, 2013
J.C. Penney Q1 sales plunge

J.C. Penney reported a deeper-than-expected loss of $348 million for its first quarter, compared to $163 million in the year-ago period, amid a 16.4% decline in revenue.

May 1, 2013
Jo-Ann hires former Disney, JCP exec

Jo-Ann Fabric and Craft Stores has hired former Disney and J.C. Penney’s executive Kris Arabia as VP of product development. Arabia will report to SVP and chief marketing and merchandising officer Riddianne Kline.

April 25, 2013
JCP to debut Bijoux Bar jewelry collection

J.C. Penney is introducing the Bijoux Bar, a line of fine jewelry that features collections from Kenneth Jay Lane, Kara Ross, Lana Bramlette, Dominique Cohen, Doris Panos, Rodrigo Otazu and Diego Massimo.

April 23, 2013
JCP promotes Brynn Evanson to EVP, HR

J. C. Penney has promoted Brynn Evanson to EVP of human resources. Evanson will lead all HR functions across stores, supply chain and the home office, including team member relations, recruiting, learning and development, compensation and benefits and talent operations.

April 18, 2013
Kramer out as JCP COO

J.C. Penney late Thursday announced that chief operating officer Michael W. Kramer had left the company.

February 27, 2013
Q4 comps a disaster at JCP

Fouth quarter same store sales fell by a jaw-dropping 31.7% at J.C. Penney, but CEO Ron Johnson insisted the company continues to make great strides with its one year old transformation strategy.

February 26, 2013
Publix tops among retailers in customer satisfaction, followed by Amazon and Office Depot

Customer satisfaction with retailers is on the rise, according to a report released by the American Customer Satisfaction Index. In fact, it’s at an all time high, up 0.7% to 76.6 in 2012 on ACSI’s 100-point scale.

February 22, 2013
JCP gets a Joe Fresh look

JCPenney announced that Canada’s Joe Fresh brand will launch in JCPenney stores beginning March 15, with a collection of modern basics for women.

January 3, 2013
Online satisfaction slipped at Walmart

An annual holiday e-retail satisfaction report produced by analytic's firm ForeSee showed a slight deterioration in Walmart’s satisfaction score during the holidays.

January 2, 2013
Former Target exec among those to watch in 2013

Michael Francis is among 10 top executives Advertising Age has singled out on a list of movers and shakers for 2013.

January 2, 2013
Online satisfaction improved at Target

An annual holiday e-retail satisfaction report produced by analytic's firm ForeSee showed considerable improvement at Target this year following a challening 2011.

December 27, 2012
Online retailers getting satisfaction

Amazon.com, LLBean.com and QVC.com were the top three retailers on ForeSee’s Annual Holiday E-Retail Satisfaction survey.

December 12, 2012
Market Track: November 2012

Promotional activity among the nation’s leading retailers declined during November aside from several notable exceptions. There was a flurry of intense promotional activity around Thanksgiving weekend, as always, but for the months as a whole the number of inserts distributed by retailers declined 7% and the number of pages declined by 5%.

November 27, 2012
JCP begins 12 days of brand building

Abysmal sales at J.C. Penney haven’t deterred the company from pursuing a series of unique cause marketing activities around a potential new holiday tradition focused on giving back.

November 12, 2012
J.C. Penney to celebrate Black Friday with its ‘only sale’ of the year

Dallas -- J.C. Penney announced it will celebrate Black Friday with its only sale of the year. The retailer said more than 1,100 J.C. Penney stores will open their doors at 6 a.m. on Black Friday to offer low prices on gifts for the entire family — with no coupons or rebates required. Associates throughout the store will be equipped with mobile checkout devices.

January 27, 2012
Day two of JCP event details financial outlook

The second day of JCPenney’s launch event in New York City revealed the retailer’s long-term financial plans to generate profit and shareholder value while reinventing itself.

January 12, 2012
The people have spoken, for Kohl's

Kohl's is the recipient of the People’s Pick award in The Harris Poll Customer Relationship Series, conducted by Harris Interactive.

November 14, 2011
JCP chief brings in Apple buddies, company reports 3Q sales decline

JCPenney, which reported sales and income decreases for the third quarter, has brought on two new executives to join fellow Apple alumnus, CEO, Ron Johnson.

July 22, 2011
Image is everything

Target, Kohl's and JCPenney ranked highest among discounters in consumer perception in the first half of 2011, according to YouGov BrandIndex.

February 22, 2011
J.C. Penney unveils new logo

J.C. Penney said Tuesday it has introduced a new logo, designed to symbolize the retailer’s transformation to a more updated and relevant destination.

January 24, 2011
Former Target foe takes on JCP

Activist investor and hedge fund executive Bill Ackman has accomplished at J.C. Penney what he was unable to do at Target. He secured a seat on the department store retailer’s board after purchasing a bunch of shares and will now be able to push for strategies to increase shareholder value. Joining Ackman on the J.C. Penney board is another large shareholder, Steven Roth, chairman of Vornado Realty Trust. Both men joined the company as it announced plans to close five stores, wind down its catalog business, realign call center operations and reorganize a custom decorating business.

January 24, 2011
J.C. Penney to close stores as part of restructuring; names Ackman to board

J.C. Penney on Monday unveiled a restructuring plan, which includes close five department stores and one home store, because they are no longer profitable enough.

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