J.C. Penney
September 24, 2015 at 11:21 am
Every now and then in corporate America, a person gets to mentor her successor and watch him grow into the job. That’s what just happened at J.C. Penney. John Tighe, 46, has been named executive vice president and chief merchant at J.C. Penney, following his mentor, Liz Sweney, into the top merchandising role at the Plano,…
September 21, 2015 at 10:45 am
With a renewed focus on its core customer, I believe J.C. Penney can regain market share in the coming year from weak competition like Sears, Kmart and Kohl’s. Shifting marketing dollars to a series of specialized catalogs, and developing departments targeted to specific consumers needs will be important in winning back customers and adding back…
September 10, 2015 at 10:10 am
J.C. Penney has created a new fast-fashion brand to attract customers who swear by the Forever 21s and H&Ms of the world. Belle + Sky is a new women’s contemporary brand that Penney added online and, this month, to 100 stores. Penney CEO Marvin Ellison talked about private-label brands during a Goldman Sachs conference Wednesday in New…
August 26, 2015 at 11:52 am
J.C. Penney has gone through some tough times, and that’s an understatement. People tend to forget that the company has done more revamping and restructuring than just the Ron Johnson era, however brief it may have been. It was a company that was struggling before Ron Johnson came, and while it has found a certain…
August 14, 2015 at 9:15 pm
J.C. Penney's turnaround is gaining traction. The department store chain said Friday that its losses narrowed in the second quarter on better-than-expected sales, fueled by men's clothing, fine jewelry and the beauty brand Sephora. And a key revenue measure rose for the third straight quarter. But J.C. Penney still has an uphill road to a…
August 4, 2015 at 3:20 pm
J.C. Penney has hired two executives with online and supply chain experience from Home Depot and Target. Michael Amend becomes executive vice president of omnichannel beginning Tuesday. Amend comes to Penney from Home Depot, where he was vice president of online, mobile and omnichannel and worked with Ellison. Mike Robbins, formerly the senior vice president of global…
August 3, 2015 at 2:38 pm
A new chapter has begun at J.C. Penney. Marvin Ellison officially took over the reins from Myron "Mike" Ullman on Saturday, becoming the beleaguered retailer's third CEO in four years. J.C. Penney designed the transition to go as seamlessly as possible, especially after the messy ouster of former CEO Ron Johnson and return of Ullman in April…
July 30, 2015 at 2:09 pm
A former J.C. Penney employee said she was sent home from work for wearing shorts she bought in the store's career style section, launching a heated discussion about dress codes for women online. Sylva Stoel of Sioux Falls, South Dakota, called out her former employer on Twitter last week, accusing her boss of sending her…
June 29, 2015 at 4:17 pm
Three years after J.C. Penney was boycotted by opponents of LGBT rights, retailers have embraced the Supreme Court’s ruling for same-sex marriage. Amazing how quickly things can change. Just three years ago, J.C. Penney found itself embroiled in controversy when it featured gay couples in its new glossy mail-outs, part of its failed strategy under…
June 23, 2015 at 2:34 pm
Marvin Ellison didn’t start out in a cushy executive training program after his parents paid to send him to an elite college. No, Ellison has one of those other storybook backgrounds, the kind that inspire us to plant the American flag in our front yards on federal holidays. He’s the real American dream, and he’s…
