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J C Penney Company Inc (JCP.N)

JCP.N on New York Stock Exchange

1.30USD
16 Jan 2019
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Latest Key Developments (Source: Significant Developments)

J C Penney Announces Executive Leadership Changes
Monday, 14 Jan 2019 

Jan 14 (Reuters) - J C Penney Company Inc ::JCPENNEY ANNOUNCES EXECUTIVE LEADERSHIP CHANGES.J C PENNEY - MIKE ROBBINS, EXECUTIVE VP OF PRIVATE BRANDS AND SUPPLY CHAIN, WILL BE APPOINTED TO EXECUTIVE VP, CHIEF STORES AND SUPPLY CHAIN OFFICER.J C PENNEY COMPANY INC - TRUETT HORNE WILL JOIN COMPANY AS CHIEF TRANSFORMATION OFFICER.J C PENNEY COMPANY INC - SEEKING TO FILL KEY SENIOR MANAGEMENT POSITIONS AND ADDRESS CURRENT BUSINESS NEEDS.J C PENNEY COMPANY INC - SEARCH FOR A CHIEF FINANCIAL OFFICER IS "WELL UNDERWAY".J C PENNEY COMPANY INC - ANDREW DREXLER, SENIOR VICE PRESIDENT, CHIEF ACCOUNTING OFFICER AND CONTROLLER, WILL LEAVE COMPANY EFFECTIVE MARCH 31.  Full Article

J C Penney Says Comparable Store Sales For Combined Nine-Week Period Ending Jan. 5, 2018 Fell 3.5 Pct On A Shifted Basis
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - J C Penney Company Inc ::JCPENNEY REPORTS HOLIDAY SALES UPDATE AND REAFFIRMS EXPECTATION TO DELIVER POSITIVE FREE CASH FLOW IN FISCAL 2018.J C PENNEY COMPANY INC - COMPARABLE STORE SALES FOR COMBINED NINE-WEEK PERIOD ENDING JAN. 5, 2018, DECREASED 3.5 % ON A SHIFTED BASIS.J C PENNEY COMPANY - REAFFIRMED EXPECTATIONS TO REDUCE INVENTORY IN EXCESS OF $225 MILLION OR 8% AND EXPECTS TO END YEAR WITH LIQUIDITY IN EXCESS OF $2 BILLION.J C PENNEY COMPANY - FOR COMBINED NINE-WEEK PERIOD ENDING JAN. 5, 2018, ON UNSHIFTED BASIS, COMPARABLE SALES DECREASED 5.4 %..J C PENNEY COMPANY - TO INITIATE 3 PRELIMINARY STORE CLOSINGS IN SPRING AS PART OF ONGOING EVALUATION OF STORE PORTFOLIO OVER NEXT FEW MONTHS.  Full Article

J C Penney Says Stores Open At 2 P.M. On Thanksgiving Day
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - J C Penney Company Inc ::STORES OPEN AT 2 P.M. THANKSGIVING DAY.BLACK FRIDAY SALE PRICES ON SELECT ITEMS EXTENDED THROUGH SATURDAY.  Full Article

JCPenney Announces Interim CFO Transition
Monday, 29 Oct 2018 

Oct 29 (Reuters) - J C Penney Company Inc ::JCPENNEY ANNOUNCES INTERIM CFO TRANSITION.J C PENNEY COMPANY INC - MICHAEL FUNG IS TEMPORARILY JOINING COMPANY AS INTERIM CHIEF FINANCIAL OFFICER EFFECTIVE OCT. 30.J C PENNEY COMPANY INC - MICHAEL FUNG IS TEMPORARILY SUCCEEDING JERRY MURRAY WHO WILL RESUME HIS RESPONSIBILITIES AS SENIOR VICE PRESIDENT OF FINANCE.J C PENNEY COMPANY INC - MICHAEL FUNG RECENTLY SERVED AS INTERIM CHIEF FINANCIAL OFFICER FOR NEIMAN MARCUS GROUP.  Full Article

J C Penney Company Says CEO, Jill Soltau's Annualized Base Salary Will Be $1.4 Mln
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - J C Penney Company Inc ::J C PENNEY COMPANY SAYS CEO, JILL SOLTAU'S ANNUALIZED BASE SALARY WILL BE $1.4 MILLION - SEC FILING.J C PENNEY COMPANY - CEO JILL SOLTAU TO RECEIVE ONE-TIME CASH SIGNING BONUS FROM JCPENNEY IN AMOUNT OF $6 MILLION LESS APPLICABLE WITHHOLDING TAXES.J C PENNEY COMPANY - SIGNING BONUS LESS APPLICABLE WITHHOLDING TAXES WILL BE PAID TO SOLTAU BETWEEN 30TH & 60TH DAY IMMEDIATELY FOLLOWING START DATE.  Full Article

Jcpenney Welcomes Jill Soltau As Chief Executive Officer
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - J C Penney Company Inc ::JCPENNEY WELCOMES JILL SOLTAU AS CHIEF EXECUTIVE OFFICER.J C PENNEY COMPANY INC - SOLTAU IS A 30-YEAR RETAIL VETERAN WHO MOST RECENTLY SERVED AS PRESIDENT AND CEO OF JOANN STORES.J C PENNEY COMPANY INC - APPOINTMENT OF JILL SOLTAU AS CHIEF EXECUTIVE OFFICER AND A MEMBER OF BOARD OF DIRECTORS, EFFECTIVE OCT. 15.  Full Article

Jcpenney Announces Departure Of Chief Financial Officer
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - J C Penney Company Inc ::JCPENNEY ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER.JCPENNEY ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER.J C PENNEY COMPANY INC - SVP FINANCE JERRY MURRAY TO SERVE AS INTERIM CFO.J C PENNEY COMPANY INC - DAVIS RESIGNING AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER EFFECTIVE OCT. 1 TO PURSUE ANOTHER OPPORTUNITY.J C PENNEY COMPANY - CO WILL COMMENCE A FORMAL SEARCH FOR DAVIS' SUCCESSOR, REVIEWING BOTH INTERNAL AND EXTERNAL CANDIDATES.J C PENNEY COMPANY INC - JEFFREY DAVIS HAS INFORMED COMPANY ABOUT HIS RESIGNATION.  Full Article

J. C. Penney Launches Baby Shops In 500 Stores
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - J C Penney Company Inc ::JCPENNEY LAUNCHES BABY SHOPS IN 500 STORES.J C PENNEY - NEW BABY SHOPS WILL LAUNCH LATER IN AUGUST.  Full Article

J.C.Penney Recalls Okie Dokie Denim Patches Shortie Shorts Due To Choking Hazard
Tuesday, 24 Jul 2018 

July 24 (Reuters) - J C Penney Company Inc ::JCPENNEY RECALLS OKIE DOKIE DENIM PATCHES SHORTIE SHORTS DUE TO CHOKING HAZARD.U.S. CONSUMER PRODUCT SAFETY COMMISSION SAYS RECALL OF ABOUT 5,400 UNITS OKIE DOKIE DENIM PATCHES SHORTIE SHORTS; NO INJURIES REPORTED.  Full Article

JCPenney Opens Second Brooklyn Store
Tuesday, 10 Jul 2018 

July 10 (Reuters) - J C Penney Company Inc ::JCPENNEY DEBUTS SECOND BROOKLYN STORE.J C PENNEY COMPANY - ANNOUNCED OPENING OF ALL-NEW LOCATION AT KINGS PLAZA IN BROOKLYN.  Full Article

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Breakingviews - Investors stop giving U.S. retailers an inch

DALLAS (Reuters Breakingviews) - Investors aren’t giving U.S. retailers an inch. Macy's shares fell by nearly a fifth on Thursday after weak December sales prompted it to cut forecasts. Target and Kohl's also felt the downdraft despite more upbeat numbers. Online disruption and the decline of old stalwarts Sears and J.C. Penney have made investors justifiably jittery.