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Tag: J. C. Penney

J. C. Penney cash tender offers for two outstanding series of securities

PLANO, Texas, 2017-May-10 — /EPR Retail News/ —  J. C. Penney Company, Inc. (NYSE: JCP) (the “Company”), as co-obligor on the Securities (as defined below), and J. C. Penney Corporation, Inc., a wholly owned subsidiary of the Company, as issuer of the Securities (“JCP”, and together with the Company, “J. C. Penney”), announced today the…

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J. C. Penney announces the appointment of Marvin R. Ellison as its new chairman

PLANO, Texas, 2016-Jul-26 — /EPR Retail News/ — The Board of Directors of J. C. Penney Company, Inc. (NYSE: JCP) has appointed Chief Executive Officer Marvin R. Ellison to the additional position of Chairman, effective August 1, 2016. Mr. Ellison succeeds Myron E. (Mike) Ullman, III who will be retiring in accordance with the transition plan…

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FINAL November and December J. C. Penney Holiday sales update

Same store sales for the combined November/December period up 3.7 percent; Company narrows fourth quarter sales guidance to upper end of range PLANO, Texas,  2015-1-8 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today provided a preliminary update on the Company’s performance for the combined nine-week November and December period. The Company reported comparable…

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J. C. Penney upsized and priced its underwritten public offering of $400 million aggregate principal amount of 8.125% senior unsecured notes due 2019

PLANO, Texas, 2014-9-12— /EPR Retail News/ — J. C. Penney Company, Inc. (the “Company”) (NYSE: JCP) announced today that its wholly owned subsidiary, J. C. Penney Corporation, Inc. (together with the Company, “J. C. Penney”), has upsized and priced its underwritten public offering of $400 million aggregate principal amount of 8.125% senior unsecured notes due 2019, for…

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