Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the country, though no closures have been announced.The sale highlights the ...

The mall operators, Brookfield Asset Management and Simon Property Group, are also some of J.C. Penney's primary landlords. The deal is expected to save some 60,000 jobs.

In its most recent quarter, J.C. Penney's sales fell nearly 8%, to $3.4 billion, from the year-earlier period, while income was $27 million, down from $75 million for the same period a year ago. J ...

More than 100 JCPenney stores across the country including some in Illinois have been sold to an affiliate of Boston-based private equity firm Onyx Partners, Ltd for a cash total of $947 million, with ...

For the fiscal fourth quarter, J.C. Penney reported net income of $192 million, or 61 cents per share. Earnings, adjusted for one-time gains and costs, came to 64 cents per share.

J.C. Penney provides apparel for the whole family. It focuses on lifestyle brands like Adidas and Levi’s, has a very strong infants department, and its a.n.a brand is for young women of any size.

J.C. Penney Co. Inc. has named Marc Rosen, a former Levi Strauss and Walmart executive, as chief executive officer, effective Nov. 1. Penney’s also named Stanley Shashoua, chief investment ...

J.C. Penney Co. Inc. (NYSE: JCP) stock has struggled once again this year, declining 11 percent year-to-date as the company tries to streamline its business and stay competitive in an evolving U.S ...

J.C. Penney only has about 800,000 followers on Instagram. By comparison, Macy's has 1.9 million followers, Target has 4.2 million followers, and Inditex's Zara reaches a whopping 37.8 million ...

J.C. Penney said Friday in the public filing that the terms of its loan provided a five-business-day grace period to make the payment, which had been due May 7.

J.C. Penney (OTC: JCPN.Q) has struggled with weak sales and profitability for nearly a decade due to a failed makeover attempt and falling mall traffic. The COVID-19 pandemic was the last straw ...

Here, J.C. Penney must maintain a level of product quality with its apparel offerings to prevent its customers from potentially defecting for certain clothing items offered by cheap competitors.