The United States Bankruptcy Court for the Southern District of Texas, in Corpus Christi, has given J.C. Penney additional time to pay rent.
J.C. Penney has named Brooke Buchanan as svp/communications, reporting to Jill Soltau, CEO, effective October 28. In addition, the company has appointed Robin Beuthin as vp/creative marketing.
J.C. Penney has made several appointments to its executive team, including in its home categories, as it continues to reinforce its growth initiatives.
In a company blog post, J.C. Penney said it is getting out of major appliances and cutting back on furniture operations as it reconsiders store layouts.
J.C. Penney is introducing a new private label brand, Peyton & Parker, developed to help moms create effortless yet coordinated styles for family and home.
Lowe’s has named Marvin Ellison president and CEO, effective July 2. He will also join Lowe’s board of directors at that time. Ellison succeeds Robert Niblock, who previously announced his intention to retire.
Target is rolling out Ayesha Curry’s newly-launched line of cookware, bakeware and kitchen tools in October.
J.C. Penney is rolling out the Ayesha Curry cookware collection this fall to more than 600 stores. Curry developed the lifestyle oriented cookware and housewares line in partnership with Meyer Corp.
They might not admit it now, but there were plenty of people in retailing rooting for Ron Johnson after he announced JC Penney’s plan to attract new customers with exclusive brands and experiences that wouldn’t need coupons and one-day sales as the primary bait.
J.C. Penney is featuring small electrics and major appliances on the cover of its 72-page Black Friday circular, the retailer revealed in an exclusive preview for those that use its mobile app.
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