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Gas prices are falling, so why aren’t consumers spending?
U.S. consumers are spending less to fill up their tanks, but they aren’t opening up their fatter wallets to spend more on discretionary items. Fortune reported retail sales slid a worse-than-expected...
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J.C. Penney’s turnaround losing steam?
J.C. Penney’s JCP comeback has hit a serious speed bump: the department store chain on Wednesday reported comparable sales were unchanged last quarter, ending a streak of three quarters of growth and...
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J.C. Penney and the terrible costs of hiring an outsider CEO
Recruiting an outsider CEO, any outsider, is by definition a Hail Mary pass, which reflects a clear-cut and utterly unnecessary failure. The solution to companies' and organizations' growing stale,...
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J.C. Penney: CEOs may change, but the losses endure
When a company can't keep or won't keep its CEO, it signals either lack of strength in the C-suite, a floundering board, or both. Which is it with J.C. Penney? It looks like both. After Ron Johnson...
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Lower gas prices won’t save the holiday season
With gas prices now under $3 per gallon, Americans are feeling less pain at the pump. But that probably won't be enough to guarantee beleaguered retailers a happy holiday season. The national average...
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E-commerce expected to grow even faster this holiday season
Online retail spending will rise 16% this holiday season, a much faster clip than last year, as U.S. consumers feel more confident about spending and make greater use of mobile devices to shop,...
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10 classic J.C. Penney house brands from 1914 to now
J.C. Penney JCP has long generated about half of its revenue from its own in-house brands, which range from Liz Claiborne to St. John’s Bay to Arizona jeans, among many others. Such brands are...
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Earnings analysis: Is J.C. Penney back from the (near) dead?
J.C. Penney JCP , the beleaguered retailer, posted 4th quarter and full-year 2013 numbers today that were officially not terrible. For the punching bag of a stock that is JCP, that counts for great...
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Judge rules J.C. Penney interfered with Macy’s Martha Stewart deal, but won’t...
J.C. Penney’s JCP 2011 deal to build out stores-within-a-store selling lower-priced Martha Stewart home products interfered with the tastemaker’s exclusive arrangement with Macy’s M , New York State...
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Coke, PepsiCo among most respected U.S. brands; Best Buy, Penney laggards
If it is true that it is better respected than to be liked, then Coca Cola KO and PepsiCo PEP can celebrate their position atop CoreBrand’s 2014 list of America’s most respected brands. The consulting...
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More bad news for retailers: back-to-school sales expected to dip
It might still be mid-July, but retailers have already turned their attention to back-to-school, and they have a new reason to worry: an industry group forecast suggests that U.S. consumers will...
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Jackson Hole and housing data — five things to watch for in the week ahead
Hello, friends and Fortune readers. This week market watchers will keep close tabs on Federal Reserve Chair Janet Yellen's comments at the Federal Reserve Bank of Kansas City's conference on the...
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J.C. Penney plots e-commerce comeback
J.C. Penney JCP was once an e-commerce trailblazer. And now the department store operator, still recovering from a catastrophic sales decline in 2012, says it has a plan to reclaim that mantle. The...
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J.C. Penney’s tough slog ahead
J.C. Penney’s sales may be recovering gradually after the department store’s disastrous experiment with trendier offerings and store displays in 2012. But they are rebounding too slowly for Wall...
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J.C. Penney taps Home Depot’s Marvin Ellison as next CEO
J.C. Penney has decided who will succeed Mike Ullman as CEO when he steps down next year. The department store operator said Monday morning that the role will go to Marvin Ellison, currently executive...
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5 things the next J.C. Penney CEO will absolutely have to do
After a year-long search, J.C. Penney JCP finally named a new CEO on Monday: Marvin Ellison, the executive in charge of Home Depot’s HD U.S. stores. Ellison, an operations and logistics expert...
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How next J.C. Penney CEO’s pay package stacks up to Johnson, Ullman
J.C. Penney’s JCP incoming president and soon-to-be CEO Marvin Ellison stands to get a less lavish, but steadier annual compensation package than his two predecessors got. Ellison, who last year had a...
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Gas prices are falling, so why aren’t consumers spending?
U.S. consumers are spending less to fill up their tanks, but they aren’t opening up their fatter wallets to spend more on discretionary items. Fortune reported retail sales slid a worse-than-expected...
View ArticleClik here to view.
J.C. Penney’s turnaround losing steam?
J.C. Penney’s JCP comeback has hit a serious speed bump: the department store chain on Wednesday reported comparable sales were unchanged last quarter, ending a streak of three quarters of growth and...
View ArticleClik here to view.
J.C. Penney and the terrible costs of hiring an outsider CEO
Recruiting an outsider CEO, any outsider, is by definition a Hail Mary pass, which reflects a clear-cut and utterly unnecessary failure. The solution to companies' and organizations' growing stale,...
View Article