Ullman vows turnaround for J.C. Penney, but says it will take time
4 days ago
Penney's returning chief executive, Mike Ullman, outlined to a generally appreciative gathering of shareholders today how he plans to get the iconic, but ailing department store chain "back on...
J.C. Penney posts big first-quarter loss
5 days ago
NEW YORK - The legacy of J.C. Penney's former CEO continues to cast a dark cloud over the department store chain.
JC Penney cuts an additional 2,200 workers
73 days ago
J.C. Penney Co. confirmed Friday it's eliminating an additional 2,200 jobs as the struggling department store chain slashes costs after a year of plunging sales and mounting losses.
Vornado confirms it's sold 40 pct of Penney stake
76 days ago
Vornado Realty Trust has confirmed that it sold more than 40 percent of its stake in J.C. Penney, the latest blow against the struggling department store chain.
J.C. Penney shares fall to 4-year low
77 days ago
The struggling department store chain's already pummeled stock hit a four-year low after media reports said a large shareholder sold of a chunk of its stock.
Penney CEO to testify over Martha Stewart pact
81 days ago
Johnson is expected to testify Friday in New York State Supreme Court in a trial that pits the struggling department store chain against rival Macy's Inc. over a partnership with domestic diva...
Penney's shares plunge after 4Q massive loss
82 days ago
No description available