JCPenney Shares Climb on Q4 Earnings

JCPenney logo 2013

JCPenney shares climbed yesterday as it revealed its first quarterly profit since July 2011.

JCPenney CFO Hannah to Depart

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JCPenney has appointed Ed Record as its new CFO and EVP, replacing Ken Hannah.

JCPenney Posts Q4 Same-Store Sales Growth

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JCPenney has recorded its first quarterly comparable store sales increase since the second quarter of 2011.

JCPenney Amends Shareholder Rights Plan

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JCPenney has lowered the threshold and extended the expiration date of its shareholder rights plan to protect its tax benefits.

JCPenney Closing 33 Stores

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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 November Same-Store Sales Rise 10%

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JCPenney posted a 10% increase in same-store sales in November as it continues to try to turn around its business.

JCPenney Posts Wider Q3 Loss

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JCPenney’s Q3 losses widen, hurt by lower revenues and margins — but says it expects sales to improve during Q4.

JCPenney to Open on Thanksgiving Night

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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.