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JC Penney Company Inc.

JC Penney Company Inc.
A collection of news and information related to JC Penney Company Inc. published by this site and its partners.

Top JC Penney Company Inc. Articles

Displaying items 97-108
  • Income inequality is biggest global risk, World Economic Forum says

    Income inequality is biggest global risk, World Economic Forum says
    Worsening income inequality is the risk most likely to cause serious damage around the globe in the coming decade, the World Economic Forum said in a report ahead of its annual gathering in Davos, Switzerland, next week. The widening gap between rich...
  • Stocks surge to new highs as Ukraine worries ease

    Stocks surged Tuesday as traders celebrated reports of a softening of tension in Ukraine. The three major indexes were in positive territory, with the S&P 500 trading at a record high. The Dow Jones industrial average jumped 192 points, or 1.2%, to 16,...
  • Barnes & Noble gets conditional acquisition offer

    Barnes & Noble gets conditional acquisition offer
    Barnes & Noble Inc., the last-standing major chain in the national bookstore market, received a conditional proposal from a private investment management firm to take over 51% of the company for $22 a share. The offer came through Thursday night,...
  • J.C. Penney reports first holiday season sales growth since 2011

    J.C. Penney reports first holiday season sales growth since 2011
    J.C. Penney Co., the retailer attempting a return to glory using deep discounts and Super Bowl tweets typed with mittens, said its holiday sales grew last year for the first time since 2011. The Plano, Texas, company said sales at stores open at least a...
  • J.C. Penney cutting 33 stores and 2,000 jobs; sales commission returns

    J.C. Penney cutting 33 stores and 2,000 jobs; sales commission returns
    J.C. Penney Co. is attempting to right-size itself by closing 33 under-performing stores around the country and eliminating 2,000 positions, the retailer said Wednesday. The Plano, Texas, company said it hopes the effort will save $65 million a year...
  • Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit

    Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit
    Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide. The Danish company, whose star turn in “The Lego Movie” has...
  • Burger King profits surge in fourth quarter; shares rise

    Burger King reported Thursday that profits soared 37% in the fourth quarter as the company reduced costs and benefited from growth overseas and the popularity of new menu items. The fast-food giant, which operates 13,600 restaurants in more than 90...
  • Malls will be 'historical anachronism,' says Grove mogul Rick Caruso

    Malls will be 'historical anachronism,' says Grove mogul Rick Caruso
    Indoor malls may have a limited lifespan, according to Rick Caruso, owner of Southland centers including the Grove in the Fairfax district and the Americana at Brand in Glendale. In a Sunday keynote speech to some 4,000 people at the National Retail...
  • January retail sales fall short amid storms; J.C. Penney gets new CFO

    The winter economic blues continue. Retail sales unexpectedly fell 0.4% in January from December, the government said Thursday. That was the biggest drop in 18 months and the latest in a series of blah reports on the economy. Sales were “...
  • Emma Stone wears Versace to 'Amazing Spider-Man 2' London premiere

    Emma Stone wears Versace to 'Amazing Spider-Man 2' London premiere
    Emma Stone wore a stunning marigold yellow gown from Atelier Versace to the London premiere of "The Amazing Spider-Man 2" on Thursday. But her elegant garb didn't prevent her from getting down and snapping a crowd selfie. [People] Thigh-gap...
  • Marcella Geneva Langer December 19, 1920 - April 3, 2014

    Marcella Geneva Langer<br/> December 19, 1920 - April 3, 2014
      Marcella (Engberg) Langer of Coeur d’Alene, Idaho passed away on Thursday, April 3, 2014.     She was born December 19, 1920 in the newly completed farm house in Blackduck, Minnesota. She grew up on the farm with her parents, John and Della...
  • J.C. Penney store in Norfolk begins closing sale

    J.C. Penney store in Norfolk begins closing sale
    THe J.C. Penney store at Military Circle Mall in Norfolk will close May 3, a store employee confirmed Friday. Store inventory is currently priced at 40 to 60 percent off. The store is located at 880 N. Military Highway, Norfolk.