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JC Penney News

News on JC Penney continually updated from thousands of sources around the net.

6 hrs ago | The Dallas Morning News

Pension plan accounting makes 30% profit drop look much bigger, J.C. Penney says

Even a fully funded pension plan can wreak havoc on a publicly traded company's bottom line.

Comment?

Related Topix: Pension, Personal Finance, Retail

Fri Nov 13, 2009

MarketWatch

Dollar General, rue21 rise in market debuts

As the year's still-tepid number of initial public offerings topped 2008's count, the market debuts of two value-focused retailers drew warm receptions Friday, as did commentary from other retailers, lifting hopes for the holiday shopping season.

Comment?

Related Topix: Dollar General, Retail, Financial Markets, MarketWatch, Startups, Nordstrom, Apparel, Banking, JP Morgan Chase

Reuters

Stocks edge up as earnings offset consumer data

U.S. stocks edged up on Friday as solid earnings from Walt Disney Co and JC Penney Co Inc offset weaker-than-expected consumer sentiment data.

Comment?

Related Topix: Financial Markets, Retail

Deseret News

Earnings reports push stocks higher

Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy.

Comment?

Related Topix: Financial Markets, Media, Walt Disney, Television, Abercrombie and Fitch, Retail, Apparel

ABC News - Brian Ross

J.C. Penney Reports Sharp Drop in 3Q Profit

J.C. Penney Co. reported a 78 percent drop in its third-quarter earnings because of a big expense for its pension plan.

Comment?

Related Topix: Retail, Plano, TX

Thu Nov 12, 2009

Minyanville

Six Reasons Walmart May Be the Best Retailer Ever

If you were asked to name the best overall retailer of all time, which company would you go with? Macy's ? JC Penney ? Or perhaps you'd fancy online retailer Amazon , which has quite a history and arguably a very bright future.

Comment?

Related Topix: Retail

Wed Nov 11, 2009

Myrtle Beach Online

Earnings Preview-J.C. Penney Co.

Department-store operator J.C. Penney Co. reports earnings for the third quarter on Friday before the market opens.

Comment?

Related Topix: Retail, Office Equipment, OfficeMax, Business News

ABC News

Earnings Preview-J.C. Penney Co.

Department-store operator J.C. Penney Co. reports earnings for the third quarter on Friday before the market opens.

Comment?

Related Topix: Retail, Liz Claiborne, Apparel

Town Hall

Macy's holiday quarter outlook sends...

Department store operator Macy's Inc forecast earnings for the fourth quarter, which includes the crucial holiday shopping season, far below Wall Street expectations on Wednesday, sending shares down 7 percent.

Comment?

Related Topix: Retail, Nordstrom, Apparel, Kohls

Tue Nov 10, 2009

San Diego Daily Transcript

Most stocks retreat as MBIA, Fluor slump on earnings

Stock prices paused Tuesday taking a breather from the sharp increase in prices in November.

Comment?

Related Topix: Construction, MBIA, Insurance, Financial Markets, Fluor, Day Trading, Personal Finance, Retail, Wal Mart Stores

TheStreet.com

Which Department Store Will Outperform?

Department stores have been struggling since long before the Great Recession began.

Comment?

Related Topix: Retail, Business News

Mon Nov 09, 2009

Bizjournals

Can Brice Road retail be saved?

There are few people more qualified to diagnose the problems of the Brice Road corridor in east Columbus than Robert Weiler.

Comment?

Related Topix: Columbus Metro, Columbus, OH, Retail, Grocery, Brice, OH, Reynoldsburg, OH

Sun Nov 08, 2009

Business

Retailers changing clothes

Faced with a consolidating department store industry and eroding sales, some labels are cutting ties with retailers that sold their clothing and betting their future with one chain.

Comment?

Related Topix: Liz Claiborne, Apparel, Retail, Tommy Hilfiger, Advertising, Marketing

Sat Nov 07, 2009

Retailing Today

GE Capitol and J.C. Penney renew credit-card agreement

Norwalk ,A Conn. GE Capital Retail Corporate Finance, a finance arm of General Electric Co., said Friday it is renewing for four years its private-label credit-card program with J.C. Penney Co.

Comment?

Related Topix: Retail, Financial Services, Aerospace-Defense, General Electric

Fri Nov 06, 2009

Denton Record-Chronicle

Online sites offer shopping deals by the day or hour

J.C. Penney Co. has added a "daily deal" to jcp.com, and Target.com has one-day-only "daily deals." Penney created screenbusters, playing off the brick-and-mortar world's doorbusters.

Comment?

Related Topix: Watches, Retail, Plano, TX, Dallas Metro, Zale, Jewelry

The Dallas Morning News

Penney says store sales fell 4.5%, raises 3Q earnings forecast

J.C. Penney Co.'s October same-store sales fell 4.5 percent in October, better than what the company forecast, but below the analyst estimates.

Comment?

Related Topix: Retail

Ticker

CVS, Whole Foods Drop; Cisco Rises

Children's Place Retail increased after it reported monthly sales increase. Cisco System gained 2.6% on positive outlook.

Comment?

Related Topix: Retail, CVS, Telecom, Whole Foods Market, Computers, Grocery, Cisco Systems, 9, Financial Markets

Thu Nov 05, 2009

MarketWatch

Updates, advisories and surprises

Titanium Metals Corp. /quotes/comstock/13*!tie /quotes/nls/tie said Thursday that its third-quarter net income fell to $40 million, or 1 cent a share, from $1 billion, or 22 cents a share, in the prior-year period.

Comment?

Related Topix: Specialty Materials, Mining, Titanium Metals, Directv, Cable & Satellite, MarketWatch, Startups, Retail, Ross Stores

Wed Nov 04, 2009

Denton Record-Chronicle

This year, J.C. Penney says it's ready for Christmas

This year, J.C. Penney Co. believes, people want to "give like Santa, save like Scrooge." The Plano-based department store chain says it has sharpened prices even more for Christmas, talking Godiva into $9.99 chocolates, discounting the Snuggie blanket to $14.99, and pricing fashion boots under $50 and cashmere-blend pea coats for $99. "We've ...

Comment?

Related Topix: Retail, Life, Holidays, Christmas, Marketing

Tue Nov 03, 2009

Myrtle Beach Online

Clothing brands do a store shuffle

Some of fashion's best-known names are playing musical chairs. Faced with a consolidating department store industry and eroding sales, some labels are cutting ties with retailers that sold their clothing and betting their future with one chain.

Comment?

Related Topix: Liz Claiborne, Apparel, Retail, Tommy Hilfiger, Advertising, US Travel, Travel, Wine, Drink

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