J. C. Penney Company to host 1Q 2017 financial results conference call on Friday, May 12

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 […]

J. C. Penney Company announces 3Q financial results

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 were […]

J. C. Penney Company announces election of Paul Brown, CEO of Arby’s Restaurant Group to its board of directors

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 […]

J. C. Penney Company, Inc. announces 2Q financial results ended July 30, 2016

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, […]

J. C. Penney Company, Inc. to release its Q1-2016 financial results on Friday, May 13

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 […]

J. C. Penney Company, Inc. strengthens its executive leadership team with the appointment of Michael Amend and Mike Robbins

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 […]

J. C. Penney Company, Inc. announces that Mandy Ginsberg has been elected to its board of directors

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 […]

J. C. Penney Company, Inc. grants equity inducement award to Andrew Drexler in connection with the commencement of his employment

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 […]

J. C. Penney Company, Inc. appoints Mary Beth West as EVP and chief customer and marketing officer effective June 1, 2015

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 […]

J. C. Penney Company, Inc. named one of America’s Best Employers for 2015 according to independent study organized by Forbes and Statista.com

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 […]

J. C. Penney Company reports comparable store sales grew 4.4 percent for both the fourth quarter and full fiscal 2014

• 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) […]

J. C. Penney Company, Inc. to release its third quarter 2014 financial results on November 12

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 […]

J. C. Penney Company, Inc. announces the appointment of Marvin Ellison as President and CEO-Designee effective November 1, 2014

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 […]

J. C. Penney Company, Inc. elects B. Craig Owens to its Board of Directors

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 […]

J. C. Penney Company, Inc. presented plans for restoring sustainable profitable growth over the next three years at its 2014 analyst meeting in New York

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 […]