Mike Ullman
JCP Unwinds Deal with Martha Stewart; Macy’s Declares Victory
Retail behemoth J.C. Penney (JCP) is still struggling to craft a winning turnaround strategy, which…
Is JCP Making a Comeback?
Iconic retailer JC Penney (JCP), global leader in producing news of economic underachievement and…
Breaking News: Post Hasty Stock Sale, JCP’s Credibility Battered
A series of hastily made and strategically misguided decisions has left JC Penney’s (JCP) stock battered. It…
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…
Does JCP Need Another Loan?
Rumors have been swirling about the industry that the retail behemoth is in talks to raise more cash to…
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…
JCP’s Credit Crunch: Signs of Hope?
After JC Penney (JCP) reported a monumental $586 million loss for the second quarter ending August 3rd…
Hurting JCP Continues to Bleed Money
JC Penney (JCP) is fast becoming the industry leader in turning bad into worse. Today, the once dominant…
Ackman’s Activism Backfires, Forced Out by JC Penney
Concluding a very public and contentious dispute, hedge-fund manager William Ackman has officially....
Bankrupt in Time For Labor Day? JC Penney Reports Doubled Losses
JCPenney Inc. has reported doubled losses in its first quarter, sinking from losses of $163 million between…
JCPenney, Product, Ads, Promotions, Changes in Full Effect, Getting Ready for a Strong B-T-S
Interim CEO Mike Ullman is rolling out coupons, commercials, and discounts to try and....
Goldman Sachs Lends $1.75 Billion to JC Penney
The Goldman loan, backed by the company’s own real estate and assets, can be used toward “general…