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J C Penney Company Inc (JCP.N)

JCP.N on New York Stock Exchange

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Thu, Aug 16 2018

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J.C. Penney sinks 27 percent on forecast cut, fashion falls flat

J.C. Penney Co Inc shares sank below $2 for the first time on Thursday after it said it had alienated core middle-aged customers while chasing millennial buyers, and the venerable brand forecast an unexpectedly large loss.

UPDATE 4-J.C. Penney sinks 27 pct on forecast cut, fashion falls flat

* Suffers from price cuts to offload inventory (Adds additional CFO quote from conference call)

J.C. Penney same-store sales miss estimates, shares tumble

Aug 16 J.C. Penney Co Inc on Thursday reported sales at established stores below analysts' estimates as the department store chain discounted heavily to clear inventory, sending its shares down 15 percent.

J.C. Penney eyes Babies 'R' Us customers with addition of more baby products

J.C. Penney Co Inc will stock more baby products at outlets in the vicinity of stores shut by Babies 'R' Us', taking advantage of the recent collapse of parent Toys 'R' Us.

J.C. Penney eyes Babies 'R' Us customers with addition of more baby products

Aug 9 J.C. Penney Co Inc will stock more baby products at outlets in the vicinity of stores shut by Babies 'R' Us', taking advantage of the recent collapse of parent Toys 'R' Us.

J.C. Penney CEO Ellison jumps ship to Lowe's; shares sink

J.C. Penney's Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe's Cos Inc , the companies said on Tuesday, sending shares in the U.S. department store chain down as much as 8 percent to an all-time low.

UPDATE 3-J.C. Penney CEO Ellison jumps ship to Lowe's; shares sink

May 22 J.C. Penney's Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe's Cos Inc, the companies said on Tuesday, sending shares in the U.S. department store chain down as much as 8 percent to an all-time low.

BRIEF-J C Penney Chairman And CEO Marvin Ellison To Step Down

* JCPENNEY ANNOUNCES RESIGNATION OF CHAIRMAN AND CEO MARVIN ELLISON

Lowe's names J.C. Penney's Marvin Ellison as CEO

May 22 Home improvement chain Lowe's Cos Inc said on Tuesday Chief Executive Officer of department store chain J.C. Penney Co Inc Marvin Ellison would replace Robert Niblock as its CEO.

J.C. Penney blames long winter for poor sales, cuts forecast

J.C. Penney Co Inc's same-stores sales missed Wall Street estimates for the first quarter, as unusually cold weather in April hit demand for spring clothing and it deeply discounted products to clear inventory. | Video

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