Karen Penney is the Vice President and General Manager of Global Corporate Payments and Small Business Services UK at American Express, an industry leader in corporate payments and management solutions. Within this role, Karen is responsible...Show More Summary
[ 17 July 2016 at 2:00 pm; ] “She gotta lotta soul,” said Freddy King’s right-hand-man, guitarist Andrew ‘Junior Boy’ Jones. With a dose of the blues, a spattering of funk and a sprinkling of soul and boogie, Ali Penney and The Money Makers is regarded as one of this country’s must see acts on the blues club/festival circuit. Ali’s songs take the listener [...]
The NBA draft made history… by featuring a guy outfitted simultaneously in Gucci and bespoke JC Penney. Read More...
He wore JC Penney and Gucci.
It's never a good idea for brands to stick their noses in national tragedies—this is a lesson we relearn every 9/11, and yet, they forget. So, it's not surprising that the Post got a little ruffled by the Manhattan Mall JC Penney's Pride Week display, which features a rainbow of mannequins wrapped in an "Orlando" banner. [ more › ]
You can’t save your way to greatness. Although most of us can agree with this statement, this is exactly the position department stores find themselves in. Why? According to Green Street Advisors, in order to get back to pre-recession levels of sales per square foot, 25% of all department stores would need to close.
We are living in period where the consumer is in recession. It is evident in everything I see. The customer is tired and overspent. In addition, there is a gnawing worry about job security, harbored by millennial customers in particular, that restrains shopping. The ever-aggressive promotional pitches of retailers keep [...]
Surveillance footage from a J.C. Penney department store in Wheaton, Md. shows a man breaking into the store on May 21 and stealing $150,000 worth of jewelry.
Person stole $150,000 worth of jewelry from a Wheaton store.
A large number of traditional brick-and-mortar retailers have gotten hit in recent weeks and months on weak earnings reports. Notable names include Macy's, Sears, Target, Nordstrom, Office Depot, Kohls, Gap, Staples, and JC Penney. This is important because many view retail...
Some may see J.C. Penney’s addition of appliances as the latest effort by a troubled chain to rekindle customer relationships. But examined in the broader scope of retail marketing, it underscores the immediate need by chains to identify when a customer may be leaving.
After reading my post onthe state-of-the-retail landscape from the eyes of retired “turnaround CEO” Allen Questrom, known for reviving ailing chains ranging from Macy’s to J.C. Penney, another retail veteran reached out to me. Bob Donnelly retired in 2014 after a 42-year career as a department store manager. He boasts the [...]
Hey, maybe high school isn't so bad after all. Let's hope Jessica Casanova's date found something at J.C. Penney to match a Badgley Mischka, because after a Twitter exchange, the teen received Gina Rodriguez's Golden Globes dress in the mail to wear to her prom. If you didn't already love ... More »
The first quarter of 2016, like many quarters before it, was not a good one for department stores: Macy's, Nordstrom, Kohl's and J.C. Penney all reported declines in comparable sales, though headlines predicting the death of the department store have been popping up pretty consistently for the past... Continue reading
After the previous CEO of JC Penney, Ron Johnson, was fired (see my post “Lack of PDSA made JCP CEO SOL?“), it seems that new CEO Marvin Ellison might be taking a different approach. See this article from FORTUNE: “The CEO Who’s Reinventing J.C. Penney.” Whereas Johnson “just thought his ideas were right,” Ellison appears to test […]
J.C. Penney reported sluggish first quarter sales, as did every other major retailer. However, in contrast to others, earnings were above expectations. But what is really setting J.C. Penney apart is the focus on new initiatives that, in my opinion, will transform the company. CEO Marvin Ellison has a vision [...]
Submitted by David Stockman via Contra Corner blog, After a week in which all the big retailers—Macy’s, Kohl’s, Nordstrom’s, Gap, JC Penney, Dillard’s——reported exceedingly downbeat results for their April quarter, it is not surprising that the Census Bureau’s statistical fabrication mill reported robust April retail sales. Show More Summary
After a week in which all the big retailers—Macy’s, Kohl’s, Nordstrom’s, Gap, JC Penney, Dillard’s——reported exceedingly downbeat results for their April quarter, it is not surprising that the Census Bureau’s statistical fabrication mill reported robust April retail sales. Show More Summary
Submitted by Jim Quinn via The Burning Platform blog, I find J.C. Penney to be a sick joke. The executives of this company think they can put out positive press releases and have their financial statements not properly show in the earnings press release to cover up the fact their financial results are deteriorating – not improving. Show More Summary