Let’s stop dancing around it people — 117-year old JCPenney has one full leg in the grave. It’s not a zombie retailer like former competitor Sears, but that’s the direction after years of ...
JC Penney, which announced back in January that it was re-entering the appliance business, has just unveiled how big its ambitions to conquer the home market really are. In addition to selling ...
J.C. Penney will no longer be selling major appliances, ending its three-year run. The Plano, Texas-based department store chain also says on its company blog that furniture will only be available on ...
Former J.C. Penney (NYSE: JCP) CEO Marvin Ellison smartly moved his company into areas abandoned when rival chains either closed or got a lot smaller. He added toys and baby products after Toys R Us ...
(Reuters) - Department store operator J.C. Penney Co Inc said it would start selling home appliances from February, re-entering the business after a gap of more than 30 years. The chain will sell ...
JC Penney is bailing out of the appliance business and radically scaling back its furniture sales. And while observers of the struggling retailer have every right to read the decision as one more ...