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J C Penney Company Inc

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  • A glance at Martha Stewart Living Omnimedia Monday, 22 Jun 2015 | 6:09 PM ET

    NEW YORK— Here are milestones for Martha Stewart Living Omnimedia Inc.. —1997: Martha Stewart, a former caterer, establishes Martha Stewart Living Omnimedia, consolidating her books, the Martha Stewart Living magazine and a TV show under one umbrella. —1999: Martha Stewart Living goes public.

  • Martha Stewart Living acquired for $353 million Monday, 22 Jun 2015 | 9:49 AM ET
    Martha Stewart

    Martha Stewart Living Omnimedia will be acquired by Sequential Brands in a cash-and-stock deal valued at about $353 million.

  • SAN FRANCISCO— The tech industry has been saying for years that smartphones would make traditional wallets obsolete. That includes payments with Apple Pay, other services like PayPal and apps from merchants like Starbucks and Dunkin' Donuts. While that's a tiny slice of the $4.3 trillion spent in stores overall last year, eMarketer expects mobile payments...

  • June 9- Target Corp said it would double its share buyback program to $10 billion and boost its quarterly dividend by 7.7 percent, confirming the contents of a statement it published inadvertently and took off its website earlier on Tuesday. The Minneapolis, Minnesota- based retailer said it had invested $3.7 billion through the first quarter of 2015 to retire...

  • Hudson's Bay Co, the parent of Lord and Taylor and Saks Inc, said in February it would form two real estate joint ventures, paving the way for it to sell some of its property assets. Shares of Hudson's Bay have risen almost 50 percent over the last 12 months. Sears Holdings Corp also said in April it plans to spin off 254 stores into a real estate investment trust next...

  • Why technology is the way to reach Latinas Monday, 1 Jun 2015 | 9:43 AM ET
    Hispanic millennials on mobile devices

    Popsugar, one of the top online destinations for millennial women, is launching a section that it hopes will resonate with young Hispanic women.

  • Michael Kors problem is industry wide: Ex JCP chief Friday, 29 May 2015 | 2:49 PM ET
    A pedestrian passes a Michael Kors store in New York

    Former JC Penney CEO Allen Questrom explains why Michael Kors' stock has dropped so much and why it's an industry-wide problem.

  • Top trades to go as May wraps up Friday, 29 May 2015 | 2:13 PM ET

    The "Halftime Report" traders give their top trades for the second half of the trading day.

  • They're selling what?! Retailers' biggest blunders Tuesday, 26 May 2015 | 11:16 AM ET
    PacSun upside down U.S. flag T-shirt upsets Memorial Day shoppers.

    Click through to see some of retail's biggest gaffes over the years.

  • Look who's winning the turnaround game Thursday, 21 May 2015 | 1:27 PM ET
    A customer gets help from an employee at a Best Buy store in San Francisco.

    Retailers have had their share of stumbles over the years. Here's who's turning it around.

  • May 19- A federal judge certified a class-action lawsuit that accuses J.C. Penney Company Inc of marking up retail prices on apparel and accessories to trick shoppers into believing they were getting big discounts when the items were advertised on sale. District Judge Fernando Olguin in Los Angeles said it was possible "in one stroke" to determine whether J.C....

  • May 19- A federal judge has certified a class-action lawsuit that accuses J C Penney Co Inc of marking up retail prices on apparel and accessories to trick shoppers into believing they were getting good deals when the items went on sale. District Judge Fernando Olguin in Los Angeles said it was possible "in one stroke" to determine whether J C Penney's advertising...

  • Nordstrom's fastest-growing division stalls Friday, 15 May 2015 | 11:57 AM ET
    Nordstrom Rack in downtown Seattle

    Nordstrom Rack's same-store sales fell short of its full-price locations in the first quarter.

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks closed one percent higher on Thursday as investors cheered further weakness in the dollar and calmer bond markets, amid mixed economic data.

  • DuPont win over Peltz is a win for investors Thursday, 14 May 2015 | 11:42 AM ET
    Nelson Peltz

    DuPont's win over activist investor Nelson Peltz is a victory for long-term shareholders, says former Medtronic CEO Bill George.

  • NEW YORK, May 14- Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some will prosper- if they can lure the right kind of consumer. Simon Property Group Inc, the largest high-end mall operator in the country with properties including Palo Alto,...

  • After-hours buzz: Cisco, Shake Shack & more Wednesday, 13 May 2015 | 5:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Wednesday's after-hours buzz: Cisco, Shake Shack & more

  • May 13- Department store chain J.C. Penney Co Inc reported a smaller-than-expected quarterly loss and lifted its annual gross margin target, helped by solid demand for women's apparel and home goods. The company posted a loss of $167 million, or 55 cents per share, in the first quarter ended May 2, compared with a net loss of $352 million, or $1.15 per share, a year...

  • Stocks close mixed as rising yields, soft data weigh Wednesday, 13 May 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed narrowly mixed as investors remained wary of climbing bond yields and the lack of a strong second-quarter rebound in the economy.

  • Is Macy's run over? Why the retailer is falling short Wednesday, 13 May 2015 | 2:19 PM ET
    People enter to Macy's store at the Newport Mall in Jersey City, N.J.

    Macy's has fallen short on earnings expectations three of the last eight quarters, according to Retail Metrics.