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JC Penney and what's behind (mark) ups and downs of clothing prices
Mark Garrison Apr 9, 2013
Ron Johnson's ousting as CEO of JC Penney ends his bid to break retail's cycle of marking products up just to mark them down in sales. Shoppers rejected Johnson's strategy of keeping low prices instead of discounting.
J.C. Penney CEO gets the boot, but were his ideas really that bad?
David Weinberg Apr 9, 2013
J.C. Penney CEO Ron Johnson has been given the boot after just 17 months as head of the struggling department store chain.
Staying on as a CEO...at 4 percent of your usual pay
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.
J.C. Penney tries to freshen up with 'Joe Fresh'
Bill Zeeble 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.
Martha Stewart, Macy's & the meaning of 'store'
Sally Herships 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.
J.C. Penney sales plunge amid 'bumpy transition'
David Gura Feb 28, 2013
J.C. Penney had another tough quarter. Sales were down 28 percent -- more than half a billion dollars.
Martha Stewart back in court
David Weinberg 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.
Discount shoppers rejoice! Penney's in sales surrender
Amy Scott 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.
Retailers curb online shopping with in-store deals
Sally Herships 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.
