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They Fiddled While J.C. Penney Burned
2013-10-22 02:42:34| Semiconductors - Topix.net
During the short, unhappy reign of Ron Johnson at Plano-based J.C. Penney Co., nearly 20,000 employees lost their jobs, sales plummeted and the company's stock dropped through the floor.
10 Malls with Largest Loan Exposures to Sears and J.C. Penney
2013-10-17 15:38:00| National Real Estate Investor
Research put together by Morningstar Credit Ratings LLC found that there are at least 108 malls around the country where Sears and J.C. Penney both serve as major tenants, and those properties are included in 106 CMBS loans with a combined principal balance of $7.1 billion. read more
US: Saks CEO Sadove to join JC Penney board
2013-10-09 18:25:00| Daily apparel & textile news and comment - from just-style.com
Saks chairman and CEO Stephen Sadove, who is set to leave the department store operator following its merger with the Hudson's Bay Company, has been lined up to join the board of JC Penney.
Mid-Day Market Update: Nasdaq Tumbles 1.7%; J.C. Penney Shares Gain
2013-10-08 22:19:06| Footwear - Topix.net
Midway through trading Tuesday, the Dow traded down 0.60 percent to 14,846.49 while the NASDAQ declined 1.70 percent to 3,706.11.
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US: JC Penney sees sales improve amid turnaround
2013-10-08 19:32:00| Daily apparel & textile news and comment - from just-style.com
Struggling department store retailer JC Penney has said it is making "solid progress" with its turnaround efforts, despite reporting a 4% decline in September comparable store sales.
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