Penney ( JCP), another venerable brand that clearly seems to be circling the drain already.
In 10 weeks, I have probably visited the new JCP at least 8 times.
At Apple, Johnson said, there were only believers and he expected the same at JCP.
Johnson hopes that JCP becomes (at least) a once-a-month shopping destination for American families.
JCPenney (JCP) ousted Ron Johnson as CEO and announced that former CEO Myron Ullman will return.
Penney Co. from selling products designed by Martha Stewart under the name JCP Everyday.
Below is a three month price history chart comparing the stock performance of JCP vs.
As such, our firm established a position in JCP for our clients in Summer of 2012.
Since the announcement, jcp is being talked about on the news and around town.
But Macy's lawyers are seeking to extend the injunction to cover products labeled JCP Everyday.
Investors are exchanging roughly 1.6 call options on JCP for each single put option in action.
At last check, JCP was off about 1.5%, while HRL was trading flat on the day Friday.
The shops that have been announced for September include Liz Claiborne, Izod and jcp (a new brand).
FORBES: J.C.Penney's Deteriorating Sales Likely To Cause Store Closings And Charges
Over the past month JCP is up about 16%, while still down around 40% for the year.
FORBES: The Fast Disappearing 'Santa Rally' And The 'Ghost Town' Which Is JC Penney
Penney ( JCP) reported second-quarter earnings last week, and they were just about as bad as could be.
An everyday pricing strategy is designed to capture price conscious consumers and turn them into loyal jcp consumers.
After that, JCP has the gap from February 28 as the next challenge.
The new JCP line with classic looks and modern cuts is spot on.
Penney in 2002, he oversaw its massive supply chain and was widely praised for launching the JCP private label.
If they do nothing, JCP will continue to lose sales to other stores.
Marked-down merchandise was in the JCP weekly circular at regular prices just one day before the prices were lowered.
Crowded stores everywhere, except JCP, with blaring post-Christmas sales all over the place.
FORBES: The Fast Disappearing 'Santa Rally' And The 'Ghost Town' Which Is JC Penney
Online is an issue for JCP, but more so from the standpoint that the merchandise is not meaningful to people.
Tough to draw any conclusion here given the business makeup of SHLD and the many recent issues JCP has had.
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Penney (NYSE:JCP) and Apple stores have one thing in common: Their appearance is meticulous, and Ron Johnson has designed them.
Walter Loeb has been going on about how Joe Fresh is not on target for JCP customers, and I have to agree.
FORBES: Should Penney Go Private or Make a Real Estate Play?
Adding to their bewilderment, JCP continued to hold sales on certain days of the month anyway, even before the July 4th surprise.
FORBES: JCPenney in Search of a Market: Is Ellen DeGeneres the Ticket?
The one store which stood out like a sore thumb, at least here in my part of Connecticut, was JC Penney (JCP).
FORBES: The Fast Disappearing 'Santa Rally' And The 'Ghost Town' Which Is JC Penney
And Bon-Ton Stores (NASDAQ: BONT), JCPenney (NYSE: JCP) and Sears Holdings (NASDAQ: SHLD) are expected to post a net loss.
Several stocks like Bed, Bath and Beyond ( BBBY) and JCPenney ( JCP) were hit hard, dropping 9.8% and 11.2% respectively on Thursday.
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