The pandemic-battered retailer filed for Chapter 11 bankruptcy in May. After a court handed down an approval of its sale, pandemic-battered retailer J.C. Penney Co. is poised to emerge from bankruptcy ...

PLANO (AP) — Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers. Though the loss wasn't as bad as many industry ...

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NEW YORK (AP) — The legacy of J.C. Penney's former CEO is being felt at the department-store chain. Penney on Thursday reported that it widened its loss in the first quarter on a 16 percent drop in ...

One of the pillars of J.C. Penney’s $1 billion reinvestment plan is to optimize the business’ supply chain, with a particular focus on superior inventory management and a reduction in purchase ...

J.C. Penney isn’t extending its holiday deals as early as other retailers, but the company wants to attract shoppers seeking early holiday savings. Target kicked off its holiday deals in October, ...

An activist shareholder agitated for changes that sent retailer into a spiral. William Ackman, chief executive officer of Pershing Square Capital Group LLC and Canadian Pacific Railway Ltd. board ...

RM Rebecca Minkoff, a more affordable label from the designer, is now available only at J.C. Penney’s website and some stores, the department store announced Tuesday. Earlier this month, QVC announced ...

NEW YORK - J.C. Penney Co. Inc. said Wednesday it will close 33 underperforming stores and cut 2,000 jobs as part of the struggling department store chain's efforts to return to profitability.

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