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JC Penney names new CEO, launches Instagram-inspired brand

2018-10-02 18:23:00| Daily apparel & textile news and comment - from just-style.com

US department store chain JC Penney has named former Shopko Stores president Jill Soltau as CEO and revealed it will launch a new private brand later this month, tailored towards what it calls "socially connected moms".

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Do J.C. Penney Stores Have a Future?

2018-08-23 10:27:18| National Real Estate Investor

The retailer posted another round of dismal results for the second quarter. Will it be able to find a new CEO who can lead a much-needed turnaround?

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US Q2 in brief - JC Penney, Macy's, Wolverine Worldwide

2018-07-11 11:36:00| Daily apparel & textile news and comment - from just-style.com

In the latest second-quarter filings from US apparel and footwear brands and retailers, Wolverine Worldwide has raised its full-year guidance after quarterly earnings more than doubled, Columbia Sportswear achieved a record second quarter, and jeans giant Levi Strauss & Co and VF Corp saw strong sales growth.

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US Q2 in brief - Walmart, Nordstrom, JC Penney

2018-07-11 11:36:00| Daily apparel & textile news and comment - from just-style.com

In the latest second-quarter filings from US apparel and footwear brands and retailers, Wolverine Worldwide has raised its full-year guidance after quarterly earnings more than doubled, while Walmart booked its highest comparable sales growth for over ten years. 

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JC Penney CEO Ellison steps down in move to Lowe's

2018-05-22 16:32:00| Daily apparel & textile news and comment - from just-style.com

Beleaguered US department store chain JC Penney has announced the resignation of chairman and CEO Marvin Ellison.

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