PLANO, Texas, 2017-May-02 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today (May 1, 2017) that it will release its first quarter 2017 financial results on Friday, May 12, at 7:30 a.m. ET. The news release will be followed by a live conference call and webcast conducted by Chairman and Chief…
Net Loss improves 42 percent over the same period last year
Company reaffirms its full year earnings and $1 billion EBITDA guidance
PLANO, Texas, 2016-Nov-12 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today (Nov. 11, 2016) announced financial results for its third quarter ended Oct. 29, 2016. Comparable sales…
J. C. Penney Company announces election of Paul Brown, CEO of Arby’s Restaurant Group to its board of directors
PLANO, Texas, 2016-Sep-23 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today (Sept. 21, 2016) announced the election of Paul Brown, chief executive officer of Arby’s Restaurant Group, Inc., to its board of directors.…
PLANO, Texas, 2016-Aug-16 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today announced financial results for its second quarter ended July 30, 2016. Comparable sales increased 2.2 % for the second quarter, delivering a two-year stack of 6.3%. Net loss improved 52% to $(56) million versus the prior year.
Marvin R. Ellison, chairman…
PLANO, Texas , 2016-May-06 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its first quarter 2016 financial results on Friday, May 13, at 7:30 a.m. ET. The news release will be followed by a live conference call and webcast conducted by Chief Executive Officer Marvin Ellison…
PLANO, Texas, 2015-8-4— /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) has strengthened its executive leadership team with the appointment of two outstanding senior leaders who will be charged with maximizing the power, reach and integration of the Company’s omnichannel capabilities. Michael Amend, formerly vice president of online, mobile and omnichannel for The Home…
PLANO, Texas, 2015-7-23 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) today announced that Mandy Ginsberg, an accomplished leader with extensive online consumer acumen, has been elected to its board of directors. Ginsberg is the chief executive officer of The Princeton Review, a leading test preparation company that helps millions of students get into…
PLANO, Texas, 2015-6-17 — /EPR Retail News/ — In accordance with the New York Stock Exchange rules regarding equity inducement awards, J. C. Penney Company, Inc. (NYSE: JCP) announced that on June 11, 2015, an equity inducement award of 78,358 stock options and 31,437 restricted stock units (RSUs) was granted to Andrew Drexler, the Company’s Senior Vice…
PLANO, Texas, 2015-4-29 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) today announced that Mary Beth West, a highly accomplished consumer marketing executive, will join the Company's executive leadership team as executive vice president and chief customer and marketing officer effective June 1, 2015. She will be stepping down from her position on…
PLANO, Texas, 2015-4-17 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) was recently named one of America’s Best Employers for 2015 according to an independent study organized by Forbes and Statista.com. The survey anonymously questioned 20,000 Americans on whether they would recommend their employer to potential employees, and was conducted through a variety of…
• Gross margin improved 540 basis points for the fourth quarter and full year
• SG&A savings of $121 million; 210 basis points improvement for the year
• Positive free cash flow of $57 million for the year, a $2.8 billion improvement
PLANO, Texas, 2015-3-2 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today announced financial…
Conference Call and Webcast at 4:30 p.m. ET
PLANO, Texas, 2014-10-31— /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its third quarter 2014 financial results on Wednesday, November 12 at 4:00 p.m. ET. This will be followed by a live conference call and webcast conducted by Chief Executive Officer…
Home Depot U.S. Stores Head to Succeed Myron E. (Mike) Ullman as JCPenney CEO on August 1, 2015
Ullman to Become Executive Chairman of the Board
PLANO, Texas, 2014-10-15— /EPR Retail News/ — The Board of Directors of J. C. Penney Company, Inc. (NYSE: JCP) today announced the appointment of Marvin Ellison, currently executive vice president of…
Accomplished consumer industries executive brings deep financial and operational experience to Board
PLANO, Texas, 2014-10-9— /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) today announced that B. Craig Owens, a highly accomplished and respected executive in the consumer food and beverage industry, has been elected to its Board of Directors. Mr. Owens recently retired from his…
Company outlines opportunities to achieve $1.2 Billion in EBITDA by 2017
Key initiatives include revitalizing center core, driving increased home store productivity and maximizing omnichannel capabilities
Plans include opening additional Sephora inside JCPenney locations and more than 100 new Disney shops
PLANO, Texas, 2014-10-9— /EPR Retail News/ — At its 2014 analyst meeting in New York City…