JCPenney

JCPenney Will End Home Appliance Sales, Move Furniture Sales Exclusively Online

JCPenney is discontinuing sales of major appliances on Feb. 28, and will make furniture available only via its e-Commerce site and at…

E-Commerce Sales Help Department Stores Start Holiday 2018 Strong

Coming off a solid Q3 that saw overall top-line revenue growth, department stores are finally reaping the rewards of their e-Commerce investments….

JCPenney Names New Interim CFO

Michael Fung, who spent more than a decade in senior financial roles at Walmart, will become the new interim CFO at JCPenney….

JCPenney Names New CEO In Hopes Of Turnaround

After a four-month search, JCPenney finally has found its next chief exec. The department store’s Board of Directors appointed Jill Soltau as…

JCPenney’s C-Suite Merry-Go-Round Spins Again With CFO Departure

JCPenney certainly has its hands full as it determines the future of its C-suite. Just four months after CEO Marvin Ellison left…

With $100 Million In Net Losses, Is It Time For JCPenney To Panic?

JCPenney slashed its full-year outlook for 2018 after the department store experienced significant net losses and poor revenue growth in Q2, again…

CommerceHub Hires JCPenney, Home Depot Veteran As COO

CommerceHub, a distributed commerce network for retailers and brands, has named Mike Amend COO. He will focus on accelerating product innovation and…

Study: Amazon And Walmart Top Retail Loyalty List

A new customer loyalty study defines consumers as three types: Loyalists, Roamers and Neutrals. Loyalists (35%) find a go-to retailer for their…

Rue21 Names Chico’s Exec President And CEO

Laurie Van Brunt, most recently President of Soma Intimates at Chico’s FAS, will take the reins as President and CEO at rue21….

JCPenney Expanding To 650 Fanatics Stores-Within-A-Store

JCPenney is expanding its in-store partnership with Fanatics, a licensed sports merchandise retailer. The department store retailer currently houses 325 Fanatics shops,…

JCPenney CEO Marvin Ellison Leaving To Head Lowe’s

Lowe’s has named Marvin Ellison President and CEO, effective July 2, 2018. Ellison will resign from his current position as Chairman and CEO…

Nordstrom, JCPenney Disappoint In Q2, But For Different Reasons

Although Macy’s successfully maintained its holiday season momentum in Q1, fellow department stores JCPenney and Nordstrom weren’t as fortunate in their earnings…

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