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  1. August 14, 2014

    Investors warm to rise in JC Penney sales

    JC Penney appeared on Thursday to be the winner in this week’s earnings battle between US department stores. The company,...

  2. May 16, 2014

    Department stores surge amid spring recovery

    Shares in Nordstrom and JC Penney, department store groups operating at opposite ends of the spectrum, surged after both...

  1. May 15, 2014

    JC Penney shares surge as sales improve

    JC Penney shares rose almost 17 per cent on Friday morning after the US department store group reported first-quarter sales...

  2. May 15, 2014

    JC Penney: swing changes

    Think of JC Penney as the hack golfer who foolishly tried to change his swing only to regress to a bigger handicap rating....

  3. February 27, 2014

    JC Penney: work in progress

    JC Penney is saying the right things. Chairman Mike Ullman on Wednesday declared the “most challenging and expensive parts”...

  4. February 4, 2014

    JC Penney shares plunge on uncertainty about profitability

    JC Penney reported improved results for the holiday period, including its first quarterly sales increase since the summer of...

  5. November 20, 2013

    JC Penney forecasts improved sales

    JC Penney, the troubled department store, continues to lose money but expects its sales to keep improving in the end-of-year...

  6. October 22, 2013

    Default fears hit JC Penney bonds

    Fears of JC Penney defaulting on its debt have escalated after worries over the department store’s future were exacerbated...

  7. October 8, 2013

    JC Penney’s sales decline slows but default fears persist

    JC Penney sought to shore up investor confidence in its troubled retail business by reporting that the decline in its sales...

  8. September 27, 2013

    Public relations: We can handle the truth

    When you find yourself in a hole, do not dig any deeper – least of all with your mouth. The US department store JC Penney...

  9. August 20, 2013

    Consumer caution hits sales at US retailers

    The struggling US retailers JC Penney, Best Buy and Barnes & Noble reported falling sales and mixed progress in efforts to...

  10. August 14, 2013

    Macy’s sounds warning as earnings fall short

    Macy’s sounded a warning about the reluctance of US consumers to splash out on new purchases as its earnings fell short of...

  11. August 13, 2013

    Lossmaking JC Penney grapples with cash- draining crisis

    If JC Penney is still burning through cash at the rate analysts estimated in the past quarter, its money pile will have...

  12. August 13, 2013

    Activist investor Ackman quits JC Penney board

    The hedge fund activist Bill Ackman has conceded defeat in his battle to oust the leadership of JC Penney by resigning from...

  13. August 9, 2013

    Starbucks chief steps into JC Penney fight

    Howard Schultz, chief executive of Starbucks, has accused the hedge fund manager Bill Ackman of being a “destroyer of...

  14. August 8, 2013

    JC Penney and Ackman at war over a new chief

    A fight has broken out between JC Penney and Bill Ackman, the hedge fund manager on the retailer’s board, after he urged the...

  15. August 5, 2013

    JC Penney recruits marketing vice-president from Kraft Foods

    JC Penney has filled a top marketing job that had been vacant for 14 months as its chief executive tries to save the...

  16. May 16, 2013

    JC Penney chief vows to win back customers

    JC Penney’s chief executive vowed to correct the errors of his predecessor by winning back customers, reintroducing...

  17. April 25, 2013

    Soros boosts JC Penney by taking 8% stake

    George Soros has given JC Penney a boost by taking a 7.9 per cent stake in the troubled department store, joining hedge fund...

  18. April 18, 2013

    JC Penney pair leave in further upheaval

    Two senior JC Penney executives hired by former head Ron Johnson have left the retailer as it undergoes further upheaval....

  19. April 15, 2013

    JC Penney taps $850m in bank funding

    JC Penney, the struggling department store that ejected its chief executive last week, is to borrow $850m from banks as it...

  20. April 12, 2013

    Retailer’s bite of the Apple turns sour

    In front of a glowing blue video wall set up to evoke fresh air and clear skies, Ron Johnson made the case for why he was...

  21. April 12, 2013

    JC Penney seeks Blackstone advice on cash

    JC Penney, the troubled department store, has hired bankers from Blackstone to advise on ways to replenish its dwindling...

  22. April 9, 2013

    Ullman faces tough task at JC Penney

    Mike Ullman, chief executive of JC Penney from 2004 to 2011, had not set foot in one of the retailer’s shops since he left....

  23. April 9, 2013

    Wall St moves higher ahead of Fed minutes

    JC Penney shares dropped sharply after the struggling department store chain announced that chief executive Ron Johnson will...

  24. FT Alphaville

    April 8, 2013

    The Closer

    Stocks ended higher in light volume. Alcoa stock fell 1.1 per cent after-hours following its earnings, while the broader Dow...

  25. FT Alphaville

    April 8, 2013

    CNBC: Ron out of town

    Just last May, Bill Ackman was all: But then last week he was like… There was “too much change too quickly without adequate...

  26. March 13, 2012

    JC Penney enjoys taste of Apple magic

    For a board that has recruited a chief executive to engineer a turnround, vindication normally comes when changes bear fruit...

  27. November 14, 2011

    JC Penney reports third-quarter loss

    JC Penney, the mid-price US department store, reported a third-quarter loss as the company confronted charges arising from...

  28. June 14, 2011

    Apple retail head to lead JC Penney

    Shares of JC Penney, the mid-market US department store, surged more than 17 per cent after the company announced it had...

  29. April 25, 2011

    US clothes shoppers facing squeeze

    Higher cotton prices and rising labour costs in China will leave US retailers facing wholesale clothes prices this year that...

  30. February 13, 2011

    Clothing groups warn on cotton surge impact

    US clothing companies are warning of a jolt in consumer prices in the latter half of this year, affecting everything from...

  31. January 24, 2011

    Ackman to join JC Penney board

    JC Penney, the mid-price US department store, has appointed Bill Ackman, the activist investor, and Steven Roth, chairman of...

  32. November 15, 2010

    JC Penney to launch stores for ‘big men’

    JC Penney, the US mid-price department store retailer, is to launch a chain of up to 300 speciality stores aimed at “big and...

  33. November 12, 2010

    Mid-priced US retailers ring up rising sales

    Three of the largest US department stores have provided further evidence that middle-income consumers are spending more, in...

  34. October 8, 2010

    Pershing and Vornado reveal JC Penney stake

    Pershing Square, the activist investor fund run by Bill Ackman, and Vornado, the real estate investment trust, have acquired...

  35. September 16, 2010

    US ‘back to school’ sales see expansion

    The “back-to-school” shopping season in the US was marked this year by slow but steady growth, rather than feared renewed...

  36. August 13, 2010

    JC Penney lowers earnings forecast

    Mike Ullman, chief executive of US department store chain JC Penney, painted a sombre picture of the economic health of his...

  37. May 15, 2010

    US shoppers focus on value as they come out of hiding

    US shoppers have been spending more on fashion, handbags and men's clothes but remain cautious about spending, according to...

  38. May 14, 2010

    US shoppers come out of hiding

    US shoppers have been spending more on fashion, handbags and men’s clothes, but remain cautious about spending, according to...

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