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The American retail industry has seen several changes in shopping malls in recent years as once-vaunted retailers Sears, Macy's, J.C. Penney Co. and others have closed stores. Teen apparel giants Abercrombie & Fitch, Gap and Aeropostale have also shuttered stores as consumers turn to lower-priced threads without big brand names attached to them. Show More Summary
Over the years, DeGeneres' easy charm has landed her spokesperson deals with household-name companies like CoverGirl and J.C. Penney. Now, she'll see if her popularity translates to retail sales as she launches her own fashion and homewares line this week.
Bedazzled by your buddy’s Hermes crocodile bag but would never blow a month’s salary on one for yourself? J.C. Penney will help you find one just like it. Potentially. That’s the premise of the retailer’s new image-search feature for its iPhone app. The feature enables users to scan/snap a photo of any [...]
[ 22 June 2015 at 9:00 pm; ] The Blues Shack presented by Ray Reid plays the very best in Australian Blues Music every Monday night from 9pm to 11pm. Now Ray is coming all the way from Port Phillip Radio in Mornington Peninsula Victoria to do a live to air broadcast with Ali Penney down in The Keller Room. There will also be performances [...]
Spann v. J.C. Penney Corp., 2015 WL 3478038, No. CV 12–0215 (C.D. Cal. May 18, 2015) Spann sued JCP, bringing the usual California claims, for allegedly “falsely advertising ‘original’ prices, ‘sale’ prices and corresponding price discounts...Show More Summary
Roomi, an app that wants to help New Yorkers find the perfect roommate, is today launching with $2 million in seed funding led by DCM Ventures. Great Oak Ventures, Sand Hill East, Jeff Dishner, Greg Kidd, Arihant Patni, Jeff Penney,Show More Summary
[ 5 June 2015 at 8:00 pm; ] An amazing pianist with an honest vulnerability in her vocals, rawness and emotion are what strikes you when you hear what Ali Penney and The Money Makers play for you. Ali knows how to put on a show – a funny and entertaining show – and play songs which get the audience toe-tapping and dancing. [...]
The "original price" is a big fat lie.
Federal Judge Fernando Olguin in Los Angeles, Ca. has just certified a class action suit that accuses J.C.Penney of making up retail prices on apparel and accessories to trick shoppers into believing they were getting a good deal when purchasing some merchandise “on sale.” The law suit states that some merchandise [...]
By Jonathan Stempel (Reuters) - A federal judge has certified a class-action lawsuit that accuses J C Penney Co Inc of marking up retail prices on apparel and accessories to trick shoppers into believing they were getting good deals when the items went on sale. Show More Summary
Bonds backing J.C. Penney advanced today, and credit protection cheapened, after the retailer reported better-than-expected quarterly results. Shares dropped, however, with JCP trading on the NYSE roughly 7% lower, at $8.07. The 8.125% notes due 2019 advanced two points, to 101/101.5, while the 5.65% notes due 2020 ticked up half of a point, [...]
For the first quarter J.C.Penney reported an increase of 3.4% in comparable sales, a good achievement especially in light of weak reports from other retailers. Men’s, women’s, and children’s performed well in the quarter. The company was pleased with its Mother’s Day results, although business was weak to start then [...]
In what is scheduled to be his last earnings report as JC Penney's CEO Mike Ullman promised the retailer was now "on the offensive" and planned to win back American's respect. The report was perhaps a small step in the right direction -- but the ending remains unclear. JC Penney reported $2.86 billion in [...]
(Reuters) - Department store chain J.C. Penney Co Inc reported a narrower quarterly loss and lifted its annual gross margin target, helped by stronger sales. The company posted a loss of $167 million, or 55 cents per share, in the first quarter ended May 2, compared with a net loss of $352 million, or $1.15 per share, a year earlier. Show More Summary
Ian Dagnall/Alamy From a struggling department store chain trying to get back on track to the leading maker of Windows-fueled smartphones showing off its latest products, here are some of the things that will help shape the week that...Show More Summary
There were multiple new apps created in time for the Apple Watch hitting stores in April, with retail one of the key categories within that. Target, Asos, Amazon, JC Penney and Marks & Spencer are just some examples of those who introduced new applications specifically.
The new trailer for Magic Mike XXL is here and it’s all abs. [Youtube] Sad emoji face: The Joe Fresh shops at JC Penney will all close this year. [Racked] Cannes is the latest celeb-filled event to ban seflies. [E!] One company is changing the way bras are designed just for ladies with big busts. […]
Ron Johnson has unveiled his new retail endeavor, and it’s called “Enjoy.” Mr. Johnson is, of course, the Apple executive who oversaw the Apple Store’s rapid expansion and then moved on to JC Penney. His tenure at JCP was as disastrous as his tenure at Apple was successful. Now he’s envisioned [...]