Marvin Ellison to Succeed Ullman at JCPenney

Marvin Ellison

Marvin Ellison, the EVP of stores at Home Depot and a former Target executive, joins JCPenney as president and CEO-Designee in November this year and will succeed Ullman in August 2015.

Changing the Demographic: JCPenney Expands JF Label

David Plummer

In a bold move that is bringing them new millennial customers, JCPenney has expanded its JF J.Ferrar label beyond clothing and furnishings to incorporate sportswear.

In Other News: Seven Retailers Searching for CEOs

HSN's Mindy Grossman is being courted by retailers.

American Apparel, American Eagle Outfitters, Bon-Ton, Dollar General, Gordmans, JCPenney and Target are all in various stages of CEO searches.

Judge Rules JCP Interfered with Macy’s in Martha Stewart Deal

Macy’s has won its case against JCPenney over the Martha Stewart-branded home goods collections. In his decision, Justice Jeffrey K. Oing ruled that JCPenney interfered with the agreement Macy’s had with Martha Stewart Living Omnimedia. Justice Oing ridiculed the behavior of JCPenney’s executives, including former CEO Ron Johnson, writing, “At best one can only describe […]

Second-Half Will be Real Test for JCPenney

JCPenney logo 2013

After JCPenney reported its first quarterly rise in sales since 2011, analysts say the second half of fiscal 2014 will be the real test.

JCPenney Closing 33 Stores

JCPenney logo 2013

JCPenney will close 33 stores in 20 states by May, a move the retailer says will save it $65 million in 2014.

Macy’s and Martha Stewart Settle Suit

Macy's

Macy’s has settled its breach-of-contract suit with Martha Stewart and will continue the partnership.

JCPenney to Open on Thanksgiving Night

JCPenney logo 2013

The Plano, Texas-based chain will open most of its 1,100 stores at 8 p.m.

JCPenney Reintroduces Old Logo

JCPenney logo 2013

JCPenney has ditched the logo that was introduced in early 2012 during the tenure of CEO Ron Johnson and returned to an older one.

Steve Sadove to Join JCPenney Board

Stephen Sadove

Saks chairman and CEO Stephen Sadove, who is set to leave the retailer following its merger with Hudson’s Bay Company, has been lined up to join the board of JCPenney.