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J.C. Penney Creamed Macy’s During the Holidays
You might want to start calling J.C. Penney jcp the comeback kid. The department store reported Thursday that comparable sales rose 3.9% during the crucial holiday season, keeping a newfound momentum...
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Burberry Accuses J.C. Penney of Ripping Off its Check Pattern
British high end fashion brand Burberry burby is suing J.C. Penney jcp , accusing the mid-tier department store of infringing on its signature “Burberry check” pattern. Burberry claimed in a suit filed...
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Two Stories Every CEO Should Read
The cover story in the March issue of FORTUNE magazine, which we release this morning online, is Saving Penneys by Phil Wahba. It's about CEO Marvin Ellison's effort to rescue the iconic but struggling...
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Sharp and Retail Earnings—5 Things to Know for the Day Ahead
Hello friends and Fortune readers. Wall Street stock futures are up slightly this morning as European stocks rose after two bad days but Chinese stocks plunged 6% overnight. Today’s must-read story is...
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Sharp/Foxconn and U.S. GDP—5 Things to Know for the Day Ahead
Hello friends and Fortune readers. Wall Street stock futures are up nicely this morning, after international markets advanced as the G20 Summit kicked off in Shanghai. Today’s must-read story is from...
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Here’s Why J.C. Penney Keeps Killing It
J.C. Penney jcp is the reigning comeback kid of department stores. The retailer reported that online sales and sales at stores open at least a year rose 4.1% during the holiday quarter, delivering much...
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Next On J.C. Penney’s Improvement List: Fixing Its Awful Finances
J.C. Penney jcp certainly wowed Wall Street with its fourth quarter results and 2016 projections on Friday. The retailer’s shares rose as much as 16% on Friday, hitting their highest levels since...
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Kohl’s Stakes its Turnaround on Relaunch of Top House Brand
Kohl’s is going in-house to finally rejuvenate its business. The department store has just re-launched its top in-house brand, the billion-dollar Sonoma line of apparel and home goods, in a bid to...
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J.C. Penney Just Gave a Perfect Response to the Skirt ‘Controversy’
In case you haven’t noticed, there’s a new dress controversy exploding across the Twitter universe this week. And the retailer ensnared in the latest fashion faux pas is striking an aloof tone that...
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J.C. Penney Has Tapped This ‘Project Runway’ Star to Launch Its Plus-Size Brand
J.C. Penney jcp has recruited up-and-coming designer Ashley Nell Tipton of television’s Project Runway to help launch its first-ever in-house plus-size brand of clothing for women. Tipton, who won...
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J.C. Penney Shares Could Double in Price in Three Years
Shares of U.S. retailer J.C. Penney could double in price over the next three years, Barron’s reported over the weekend. The report said the company had made substantial progress over the past year but...
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J.C. Penney: What Sales Problem? Profit Still on Track
J.C. Penney jcp said on Monday that its profit in the first fiscal quarter came in higher than expected, providing reassurance to investors worried that its turnaround may be stalling and subtly...
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Sears Launches Small Appliance Stores to Amid New Competition from J.C. Penney
Seeking to protect its fragile spot as the No. 1 appliance retailer in the United States, Sears shld is testing a new, smaller-format specialty store that is roughly one-tenth the size of its big-box...
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J.C. Penney Is Crediting This Line of Beauty Products for Boosting Second...
J.C. Penney jcp reported a smaller-than-expected quarterly loss on Friday, helped by demand for home goods and footwear and a strong performance by the Sephora beauty products shops in its stores. The...
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J.C. Penney Might Be Walking Into the Same Private Label Trap That Kohl’s Did
J.C. Penney jcp thinks it has found the ultimate weapon to keep its turnaround on track: ramping up its own house brands. At Penney’s first investor day since 2014, company executives outlined their...
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J.C. Penney Customers Steal $11,000 worth of Jeans
It’s been a tough week for J.C. Penney jcp . Over the course of two days, a man and women stole an upwards of 150 pairs of Levi’s jeans from the retailer's Macon Mall location in Georgia, amounting to...
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J.C. Penney Is Testing Out Store Greeters
The next time you go shop at J.C. Penney jcp , you might be welcomed to the store by a greeter. The department store, enjoying something of a renaissance, is trying out greeters at the entrance to its...
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J.C. Penney Is Testing a New Sephora Format For Its Smaller Stores
J.C. Penney jcp is trying out a new, more compact format for the Sephora beauty boutiques within its mammoth department stores in the hopes of bringing the highly successful concept to its smaller...
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Here’s Why J.C. Penney Shares Are Plunging
Shares of J.C. Penney jcp took a beating Friday after the department store chain reported an unexpected sales decline and slashed it full-year sales forecast, raising new concerns about the viability...
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J.C. Penney Is Now Selling Heating and Air Conditioning Systems
J.C. Penney jcp wasn’t kidding when it said it wanted to become less reliant on apparel sales. After the success of its return to selling home appliances this year, the department store is now testing...
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