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J.C. Penney is cutting 2,000 jobs, closing 33 stores in cost-cutting initiative

...hoped for and that the chain needs to do even more to recover from a turnaround plan that has had disastrous results.J.C. Penney Co., based in Plano, Texas, said earlier this month it was pleased with its holiday results but declined to give...

http://chronicle.augusta.com/news/business/2014-01-15/jc-penney-cutting-2000-job
Business news

...reported by the New York Post on Thursday, comes as a judge is expected to rule in a lengthy court battle between J.C. Penney Co. and rival Macy's Inc. over whether Macy's has an exclusive right to sell some of her products.Mortgage rates...

http://chronicle.augusta.com/news/business/2013-09-05/business-news
J.C. Penney results show signs of life

NEW YORK - Is the worst over at J.C. Penney Co.?The beleaguered department store chain on Tuesday reported its sixth consecutive quarter of big losses and steep revenue drops...

http://chronicle.augusta.com/news/business/2013-08-20/jc-penney-results-show-sig
J.C. Penney president leaves struggling chain

NEW YORK - In the latest sign of turbulent times at J.C. Penney Co., the mid-price department store chain said Michael Francis, the former Target Corp. executive brought in to help redefine...

http://chronicle.augusta.com/news/business/2012-06-18/jc-penney-president-leaves
Penney CEO Ron Johnson casts spell on investors

NEW YORK - J.C. Penney Co. CEO Ron Johnson hasn't run out of magic yet, as far as Wall Street is concerned.The former Apple executive's soothing...

http://chronicle.augusta.com/news/business/2012-08-10/penney-ceo-ron-johnson-cas
Penney has fourth straight quarterly loss and sales decline

...The results mark a full year of massive quarterly losses and revenue declines that miss Wall Street estimates since J.C. Penney Co. began a turnaround strategy that included ditching most of its coupons and sales events in favor of everyday low...

http://chronicle.augusta.com/news/business/2013-02-27/penney-has-fourth-straight
Judge rules J.C. Penney can sell Martha Stewart items until suit decided

...a New York State Supreme Court judge ruled Friday.Rival department store chain Macy's Inc. had sought to bar J.C. Penney Co. from selling some items designed by Martha Stewart under the name JCP Everyday. Macy's has an exclusive deal...

http://chronicle.augusta.com/news/business/2013-04-12/judge-rules-jc-penney-can-
J.C. Penney's shares drop by highest percentage in 4 decades

...analysts that sales were rising at her company's stores that share malls with Penney stores.Then, on Tuesday, J.C. Penney Co. reported that it lost $163 million, or 75 cents a share, in the three months ended April 28, compared with a...

http://chronicle.augusta.com/news/business/2012-05-16/jc-penneys-shares-drop-hig
Redecorating doesn't have to cost a fortune

...the new store brand called Threshold, which offers a variety of goods from dinnerware sets to sheets and towels. J.C Penney Co. is counting on a newly revamped home area that has new brands including Jonathan Adler, Sir Terence Conran and Bodum...

http://chronicle.augusta.com/news/business/smart-shopper/2013-04-04/redecorating
J.C. Penney shares drop as retailer says it will continue to struggle

PORTLAND, Ore. - J.C. Penney & Co.'s stock was one of the market's biggest decliners Thursday after the department store told analysts that it expects its financial...

http://chronicle.augusta.com/news/business/2012-09-20/jc-penney-shares-drop-reta