Penney

JC Penney in New York's Times Square. (AP Photo/Mark Lennihan)

J.C. Penney to open on Thanksgiving

NEW YORK (AP) — J.C. Penney is opening its doors on Thanksgiving evening to kick off the holiday shopping season, as the beleaguered retailer hopes to get back in the game for the crucial selling […]

10/18/2013

Mike Ullman (AP Photo)

Penney CEO’s challenge: Is it even fixable?

NEW YORK (AP) — There won’t be an easy fix for J.C. Penney — if it is even fixable. As Mike Ullman takes the reins again less than two years after his departure, he faces a Herculean task to undo the mess left by his predecessor, Ron Johnson, who was ousted Monday.

04/09/2013

Terry Lundgren

Macy’s CEO testifies in fight over Martha Stewart

NEW YORK (AP) — Macy’s CEO Terry Lundgren testified that he hung up on home diva Martha Stewart after she called to inform him that the company that bears her name had inked a deal with J.C. Penney to open shops within most of the chain’s stores.

02/25/2013