JCPenney will close six stores by April 24, company spokesperson Kristen Bennett confirmed to Business Insider on Friday. "This decision is the result of a careful and ongoing review of our store portfolio,"
Department stores were once the cutting edge of retail. Can they reclaim some of their old magic? The department store transformed America. Now some of the very forces that fueled its rise have been turned
JCPenney will shutter its customer service center in Lenexa, Kansas, cutting 243 total jobs. The announcement — which was first made in a WARN notice filed by the company on Thursday and further confirmed
He Made Apple Stores Envy Of Retail And Target Hip, But He Thinks This Startup May Be His Career Crowning Achievement Instead
In the world where consumers desire both the convenience of online shopping and the in-person interaction from brick-and-mortar retail stores, Ron Johnson, former Apple retail stores chief and former Penney
J.C. Penney plans to close another six stores and a call center, the retailer confirmed to USA TODAY Friday. The stores will have "an effective closing date of April 24," Brooke Buchanan, senior vice of
J.C. Penney closed the third quarter with $8.69 billion in assets and $8.69 billion in liabilities. That puts the company in a very tough position, as it lacks the cash needed to make a major transformation.
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, evidence that Americans were willing to spend during the winter holidays after a sluggish November. The Commerce Department said Thursday
Watch out for Target and Walmart, Amazon. Amazon CEO Jeff Bezos has enjoyed one of the most impressive decades ever in the tech industry, but a former Apple retail chief believes Bezos's fun is about come
Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong. Target's disappointing growth of percent