J.C. Penney

JCPenney is working on a new plan that will affect customers and vendors. Though the department store did not release specific details of the plan, JCPenney did reveal it will not adopt an everyday low-price model similar to Walmart's. Recognizing that it is extremely difficult to compete with Walmart in EDLP, JCPenney could be aiming for more of a hybrid high/low price strategy with its recent acquisition of Liz Claiborne. JCPenney acquired Liz Claiborne's brand portfolio for $288 million in cash, including an advance of $20 million in exchange for the company's agreement to develop exclusive brands for JCPenney.

After a decade at the helm of Target's marketing, Michael Francis is leaving the company to join J.C. Penney. Francis will join J.C. Penney as president, effective immediately.

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RSR Research revealed the results of a new report titled The Local Approach: The State of Localized Advertising in Retail. While retailers struggle to create relevant local experiences in digital channels, they are also challenged to maintain their stores’ relevancy.

Bill Bass, president and CEO of Direct at women's apparel retailer Charming Shoppes, took a step back yesterday at the Shop.org Annual Summit in Boston to reflect on five lessons he's learned from the 15 years he's spent in the retail industry, including stints at Lands’ End and Fair Indigo.

In an economy in which consumers will do almost anything to save a buck and retailers will do almost anything to make a buck, it's common for stores to roll out holiday goods this month.

The media world was up in arms over a J.C. Penney girls' T-shirt that read, "I'm too pretty to do homework so my brother has to do it for me." The shirt, which essentially told girls that being pretty and smart were mutually exclusive, was quickly pulled from the retailer's website. But now another shirt has popped up that's strikingly similar, but is it equally offensive?

New York City -- Macy’s reported that its same-store sales rose 5% in August, beating estimates. The retailer said sales would have been higher by 1.5% points without the impact of Hurricane Irene. Industry analysts had warned that the storm would impact department stores and specialty retailers the most as consumers focused on buying generators and other emergency and recovery items versus back-to-school and discretionary products. Macy’s said that its sales also were hurt by about 130 Irene-related store closings, But the chain said sales over the past three days have been strong and it expects Irene’s negative effect

Retail same-store sales held steady in August with a 4.9 percent gain as retailers reported mostly solid back-to-school results coupled with decreased sales due to Hurricane Irene.

A backlash erupted in the blogosphere over J.C. Penney's top for girls emblazoned with the slogan: "I'm too pretty to do homework so my brother has to do it for me." The description alongside the item read: "Who has time for homework when there's a new Justin Bieber album out? She'll love this tee that's just as cute and sassy as she is."