Refine Search

  •  
  •  
Business news

Penney posts smaller loss in first quarterNEW YORK - J.C. Penney Co. on Wednesday raised its guidance for a key sales measure while reporting a narrower loss in the first quarter than it had a year...

http://chronicle.augusta.com/news/business/2015-05-13/business-news
These retailers could use some holiday cheer

...reclaiming relevance among teens continues to be an uphill battle," said Randal J. Konik, a Jefferies analyst. J.C. PENNEY CO.The problems: J.C. Penney is still trying to recover from a botched transformation plan spearheaded by former...

http://chronicle.augusta.com/news/business/2014-12-05/these-retailers-could-use-
Business news

...28 billion. Wall Street predicted $6.34 billion.J.C. Penney's loss narrows; sales slowPLANO, TEXAS - J.C. Penney Co. narrowed its third-quarter loss but sales slowed as warm weather curbed demand for fall merchandise.The department...

http://chronicle.augusta.com/news/business/2014-11-12/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
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 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
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
J.C. Penney making cutbacks

NEW YORK --- J.C. Penney Co. plans to close some stores, outlets and call centers, finish closing its catalog business and add two opinionated shareholders...

http://chronicle.augusta.com/news/business/2011-01-24/jc-penney-making-cutbacks
Business