j c penney

Retail
J.C. Penney Sets Executive Changes

J.C. Penney said it has set a series of leadership actions, taking place over the next few months, that will assemble a cross-functional executive team as the retailer focuses on the needs of the value-based consumer and position the company for growth.

Retail
J.C. Penney Holiday Comps Decline, To Evaluate Store Portfolio

In a preliminary update on the holiday season, J.C. Penney revealed that its comparable store sales declined. The department store retailer also said it would close three stores and signaled that more store closings could be on the way as it reviews its strategies and store portfolio.

Financials
J.C. Penney Q1 Comp Sales Flat

It was a tougher than expected first quarter for J.C. Penney as the department store chain reported sales that were below expectations, which were impacted by what company officials said was a late start to spring weather.

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