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Inside J.C. Penney's $1 billion plan to boost business

J.C. Penney CEO Marc Rosen tells Marketplace more about how the company will invest $1 billion in revitalizing business.
J.C. Penney's new business investment will go toward remodeling stores and improving online shopping and supply chain technology, among other things.
Justin Sullivan/Getty Images

What happens when a company gets kicked off a stock exchange

Aug 9, 2019
JCPenney just got a letter from the NYSE warning that its days on the exchange are numbered.
Shoppers in the Manhattan Mall walk past a sign for a J.C. Penney department store in 2017 in the Herald Square neighborhood in New York City.
Drew Angerer/Getty Images

Retail rebound is now: Sales predicted up 4.5 percent over last year

Aug 15, 2018
Major department stores report their earnings this week, starting with Macy’s on Wednesday, followed by Nordstrom and J.C. Penney on Thursday. After a retail slump and slide over many quarters, Americans are coming back to shopping, and the numbers show stores are enjoying the trend. Click the audio player above to hear the full story. 
Department store sales have been declining.

How JCPenney changed when Marvin Ellison became CEO

Nov 22, 2016
JCPenney's CEO was tasked with making the department store profitable again. He says they will be soon.
Bridget Bodnar/Marketplace

J.C. Penney's return to appliances may be paying off

Aug 9, 2016
The company's offering deep discounts and attractive financing to woo customers.
An appliance showroom in J.C. Penney at the Ingram Park Mall in San Antonio, Texas. 
J.C. Penney

Burberry is fighting to maintain its image — again

Feb 10, 2016
The company's lawsuit against J.C. Penny echoes its checkered past in the U.K.
Models walk the runway at the Burberry show during men's fashion week in London on January 11, 2016.
Tristan Fewings/Getty Images

Gobble! Gobble! The biggest financial turkeys of 2013

Nov 20, 2013
Fortune Magazine's Allan Sloan's list of the year’s worst deals and financial flops.

For public good, not for profit.

JCPenney tries to right the ship

Nov 20, 2013
JCPenney is trying to recover from a disastrous attempt to get rid of constant discounts.

Comparing CEO-to-employee pay ratios

Apr 30, 2013
Bloomberg breaks down the CEO-to-worker pay ratios of the top companies in the S&P 500 index.

J.C. Penney CEO gets the boot, but were his ideas really that bad?

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.