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July 24, 2012
JCPenney gets extra cash with sale of real estate assets

JCPenney has sold its interest in Simon Property Group, L.P. back to Simon Property Group Inc. for $248 million in cash, helping the company get back on financial track.

July 2, 2012
J.C. Penney launches new charitable program

J.C. Penney Co. has launched a charitable initiative, called jcp cares, which will support a new cause each month by inviting customers to round up their purchases to the nearest whole dollar and donate the difference to the company's featured charity partner.

June 18, 2012
Francis out at JCP, already?

Investors who were holding out for some of Michael Francis' Target marketing magic to rub off on JCPenney will be left wondering what could have been, as the company announced Francis' departure effective Monday.

May 18, 2012
JCPenney to roll out several new brands; open 20,000-sq.-ft. in-store home shop

JCPenney executives laid out further details of their strategy going forward during the chain’s quarterly conference call with investors. The call followed the release of JCPenney’s first quarter results, when it reported a worse-then-expected loss of $163 million, and a 19% drop in same-store sales.

May 16, 2012
Francis' marketing magic slow to take hold at JCPenney

From personnel changes to its new "fair and square" price strategy, JCPenney has put a lot into changing the company's image, and investors are waiting for it to pay off.

February 24, 2012
JCPenney’s Q4 loss afterthought amid talk of transformation

Fourth-quarter same-store sales at JCPenney declined 1.8%, and the company lost $87 million, but those details are being overlooked for the time being as execution of the transformation strategy envisioned by CEO Ron Johnson began less than a month ago.

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.

January 10, 2012
New chairman named at JCPenney

JCPenney announced that Thomas Engibous will become chairman of its board of directors on Jan. 28.

August 12, 2011
JCP comps show modest growth in Q2

PLANO, Texas — While such higher-end apparel retailers as Nordstrom and Dillard's boasted impressive quarterly earnings and sales, those that cater to the middle class didn't deliver quite as strongly. Case in point, JCPenney, which reported net income of $14 million, or 7 cents per share, for the second quarter ended July 30. Net income for the same period last year was $14 million, or 6 cents per share.

July 25, 2011
Play ball! JCPenney CMO to open baseball camp

Mike Boylson, formerly EVP and CMO of JCPenney, has traded retailing for baseball.

June 20, 2011
Update: Ex-Apple exec fulfills dream, becomes JCPenney CEO

Last week, RetailingToday.com reported that former Apple executive Ron Johnson would succeed Mike Ullman as CEO of JCPenney. Today, JCPenney announced that Ullman, who was originally slated to remain on the company's board of directors indefinitely, will now be leaving the company on Feb. 1, 2012.

June 14, 2011
Ex-Apple exec fulfills dream, becomes JCPenney CEO

Things just got a whole lot more interesting in the mid-tier department store space now that JCPenney has hired former Apple executive Ron Johnson to be its CEO.

May 16, 2011
Private brands drive up JCP comps in Q1

JCPenney posted first-quarter net income and comparable-store sales growth thanks to strong growth in key categories and better management of expenses.

February 25, 2011
JCPenney 4Q comps beat company guidance

JCPenney reported income from continuing operations of $1.09 per share for the quarter ended Jan. 29. Comparable-store sales for the quarter grew 4.5%.

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.

February 10, 2011
JCPenney partners with teen site for new apparel line

JCPenney has joined forces with teen and tween online community Stardoll.com for the launch of the first-ever, exclusive Stardoll brand of clothing and accessories.

February 7, 2011
JCP helps customers 'findmore' with enhanced in-store technology

JCPenney announced that it has rolled out its findmore smart fixture to over 120 select stores across the country.

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.

January 12, 2011
JCPenney awarded for top customer service

JCPenney announced that, for the third consecutive year, it was ranked number one among department store retailers in the Customers' Choice survey released by the NRF Foundation and American Express.

December 20, 2010
JCPenney announces biggest after-Christmas sale

JCPenney announced that it will opens its doors at 7 a.m. on Dec. 26 for its biggest After Christmas Sale ever.

November 14, 2010
JCPenney big-and-tall division to launch new retail concept

JCPenney announced that its new Foundry Big & Tall Supply Co. division will launch a...

November 11, 2010
JCP forecast calls for Q4 comps of 3% to 4%

JCPenney is looking for a solid sales performance from its 1,100 stores and online presence...

August 17, 2010
JCPenney introduces exclusive MNG by Mango line

JCPenney has announced the launch of MNG by Mango, bringing high quality, affordable European runway...

August 12, 2010
JCPenney reports improved profitability

JCPenney reported net income of $14 million dollars or 6 cents per share for the...

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