Stacey Vanek Smith
Apr 8, 2013 JCPenney cut a top executive's salary by more than 96 percent. Other corporate boards also took a whack this week at poor performers. The curious case of executives who know they're not doing well, but keep working anyway.
Mar 14, 2013 J.C. Penney seriously needs to catch a break right now. Shoppers were scared off when the chain eliminated big sales in favor of everyday low prices. Now, Penney's will open 681 'Joe Fresh' shops inside their main stores.
Mar 6, 2013 The court battle pitting Macy’s against J.C. Penney and Martha Stewart turns a simple idea -- a store -- into a legal and philosophical quagmire.
Feb 28, 2013 J.C. Penney had another tough quarter. Sales were down 28 percent -- more than half a billion dollars.
Feb 25, 2013 The designer Martha Stewart gave Macy's exclusive rights to her product line and then partnered with JC Penney for a Martha Stewart boutique. Now Macy's is suing.
Jan 30, 2013 A year ago, retailer J.C. Penney announced a new strategy to cut so-called "everyday" prices by about 40 percent, while reducing the number of sales a month. The company has had to walk back those plans as shoppers remained addicted to sales.
Oct 18, 2012 Brick and mortar retailers like Best Buy, Target, and JC Penney, have an idea to compete with online rivals like Amazon. They are going to match their prices during the holiday shopping season.
Aug 10, 2012 JCPenney's sales were down 22 percent last quarter -- blamed in large part on the company's new pricing strategy. What's next for the retailer?