Browsing Tag


Bill Ackman bails out of JC Penney

NEW YORK (AP) — J.C. Penney’s largest investor and former board member is bailing out. Business Headlines

August 18, 2013 Banking

JC Penney looks to old CEO to secure its future

NEW YORK (AP) — J.C. Penney is hoping its former CEO can revive the retailer after a risky turnaround strategy backfired and led to massive

April 38, 2013 Banking

JC Penney ousts CEO Ron Johnson

NEW YORK (AP) — J.C. Penney is naming Mike Ullman as its new CEO. He takes over from Ron Johnson, who is leaving the company.

April 19, 2013 Banking

J.C. Penney CEO tries to change the way we shop

NEW YORK (AP) — J.C. Penney CEO Ron Johnson seems unfazed that the department store chain’s mounting losses and sales declines have led to growing

November 43, 2012 Banking

Penney posts bigger-than-expected loss in 2Q

NEW YORK (AP) — Six months after J.C. Penney Co. launched a bold new pricing plan, customers still aren’t buying it. Business Headlines

August 08, 2012 Banking
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