Retailers are still relying on direct mail even as they spend considerable resources on improving their websites.» Read More
Before the start of JC Penney’s analyst day, William Ackman, largest holder of of JCP shares and Board Member, told CNBC it would be the most important day for retail in 25 years. Now that is a lot of pressure. Today is day two.
CNBC's Gary Kaminsky and Herb Greenberg discuss JC Penney chief operating officer's 2012 earnings per share guidance of $1.59 versus $1.25.
J.C. Penney's new pricing strategy is "the first key step in the transformation" of the retailer, CEO Ron Johnson told CNBC Wednesday.
Insight on the lessons learned from his work at Apple are being applied to his new role at J.C. Penney, with Ron Johnson, J.C. Penney incoming CEO, who discusses the retailer's new look to revive its brand.
CNBC's Courtney Reagan has the details on J.C. Penney's plans to revive itself with a new look.
J.C. Penney plans to add jobs over the next five years, says William A. Ackman, Pershing Square Capital Management founder/CEO.
The strategy behind J.C. Penney's re-branding and the re-investment in the retailer, with William A. Ackman, Pershing Square Capital Management. Ackman also discusses his investment in Canadian Pacific and strategies for leadership in change in the rail company.
Huge pay packages such as retention deals and bonuses for incoming, current, and even exiting CEOs have critics calling corporate boards "tone deaf," USA Today reports.
The “Mad Money” host has a good feeling about the retailer.
Will JC Penney's new CEO, Ron Johnson be able to turnaround the ailing retailer? Mad Money's Jim Cramer, says it will take at least 18 months for this company to get better.
Macy's is suing Martha Stewart Living Omnimedia for breach of contract by agreeing to sell certain products through J.C. Penney that Macy's considered exclusive.
Since Ron Johnson joined JCPenney, the stock has received a free pass. JCP shares are actually up 11 percent despite continuing disappointments. But after all, if anyone can revive a tired retailer, the man who created the Apple retail experience should be the one.
I’m a big proponent of rightsizing personal finances to match one’s goals and desired lifestyle, with the ultimate aim of a seamless transition to retirement. That’s right: retirement.
Macy’s plans to close its Bloomingdale’s store at Minnesota’s Mall of America in March. With the Mall of America's stature as a popular tourist destination, it gives the mall's owner Triple Five, a rare chance to change its economics.
After wild price swings that left investors bewildered and not a cent richer last year, stocks are rising again, and calm has settled over the market like blue skies after a storm. Or maybe eye of the storm is the better metaphor.
Stockpickr examines four companies that are expected to lose money in 2012. Though they may not be in deep distress in the next quarter or two, the long-term outlook will weaken further as cash balances drop.
Jim Cramer’s researcher, Nicole Urken, takes a look at why it is just too tough to come into JC Penney right here.
Short interest in Barnes & Noble and Diamond Foods is among the highest in the S&P 1,500 index, with more than 50 percent of their float sold short.
Most U.S. retailers turned in solid finish to the holiday season, despite bargain-hungry consumers who put off their holiday shopping until the last-minute in order to snag the very best deals, and mild temperatures, which dampened demand for winter apparel.
Shares of the following companies are showing unusual moves in Thursday's trading session.