JC Penney
It’s Official: JCP Needs Cash
After JC Penney (JCP) CEO Mike Ullman vehemently denied that the ailing retailer had any plans to seek…
JCP: Our Turnaround Strategy is Working
Embattled by an unceasing stream of criticism, JC Penney issued a press release defending its turnaround…
JCP Stock Plummets
Bedeviled by underperformance, JC Penney (JCP) can’t seem to catch a break. Only days after industry rumors…
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A.B.S. Declines Renewal Offer from JCP
Embattled retailer JC Penney’s (JCP) already depressing week just got worse. After a welter of rumors the…
Does JCP Need Another Loan?
Rumors have been swirling about the industry that the retail behemoth is in talks to raise more cash to…
Roth’s Two Step: Quit JCP Board, Dump Holdings
JC Penney’s (JCP) board continues to remain a constant source of retail drama. Steven Roth, Chairman and…
JCP Attracts New Activist Investor: Mark Cuban
For ailing retailer JC Penney (JCP), there seems to be a revolving door policy on celebrity investors. After…
JCP’s Silver Lining: Online Sales Surging
Beleaguered retailer JC Penney (JCP) is long overdue for some good news and it seems to finally have…
After Bitter Feud, Ackman Divorces JCP
The startlingly public corporate feud between hedge-fund manager William Ackman and JC Penney (JCP) simply…
JCP’s Credit Crunch: Signs of Hope?
After JC Penney (JCP) reported a monumental $586 million loss for the second quarter ending August 3rd…
Why “Off Price” is Right On the Mark
Big ticket retailers like JC Penney’s and Sears share two patches of common ground this fiscal year: both…
Hurting JCP Continues to Bleed Money
JC Penney (JCP) is fast becoming the industry leader in turning bad into worse. Today, the once dominant…
Even Post-Resignation, Ackman Feud Remains Bitter
Following an unusually rancorous public dispute between them, hedge-fund manager William Ackman tendered his…
For Big Retailers, Back-to-School Success or Back-to-the Drawing Board
The back-to school shopping season is now at full-throttle and as crucial as ever to retail revenues…
Ackman’s Activism Backfires, Forced Out by JC Penney
Concluding a very public and contentious dispute, hedge-fund manager William Ackman has officially....