JCPenney (JCP) CEO Johnson Takes the Company Turn Around Seriously. Kind of...
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Long Commute by New JCPenney (JCP) Execs Slows Progress, Alienates Employees
March 20, 2013 5:10 PM EDTDespite CEO Ron Johnson's efforts to turn around J.C. Penney (NYSE: JCP) as retailer, he's really making it hard on himself.
According to Bloomberg, Johnson has hired no less than nine executives which live "airplane only" distance away, which translates to more miles than would make for a comfortable commute.
JCPenney has its headquarters in Plano, Texas. The following are some of the... More
Morgan Stanley Sees Further Downside in J. C. Penney (JCP)
February 12, 2013 10:59 AM ESTShares of J. C. Penney (NYSE: JCP) are lower Tuesday following cautious comments from analysts at Morgan Stanley. The firm reiterated its Underweight rating and $15 price target and said they see further downside risk to the Street's FY13 sales and margin expectations.
The... More
JCPenney (JCP) CEO Johnson Would Do Pricing Over Again, Sees Return to Profit in FY13
February 6, 2013 12:03 PM ESTJCPenney (NYSE: JCP) CEO Ron Johnson spoke with CNBC this morning, issuing comments about how he thinks the first year under his reign went.
Notably, following earlier reports that there might be layoffs at the company's headquarters, Johnson said there's about "a rumor per day on JCPenney and that he won't "comment on that," only that the retailer is looking to operate in the most cost-effective way.
Martha Stewart is... More
J. C. Penney (JCP) Weakens after CEO Interview
February 6, 2013 12:00 PM ESTShares of J. C. Penney Company, Inc. (NYSE: JCP) weakened following the CNBC's interview with CEO Ron Johnson.
Below are some highlights:
Re-introducing sales at certain times like Valentines Day, Easter
Top priority this year is to... More
J.C. Penney (JCP) Shares Volatile on CEO Ron Johnson Interview
February 6, 2013 11:41 AM ESTJ.C. Penney Co., Inc. (NYSE: JCP) shares are volatile with CEO Ron Johnson being interviewed on CNBC now. Shares last down 2.5%.... More
JCPenney's (JCP) Johnson Readies Axe for Upcoming 'Valentine's Day Massacre'
February 6, 2013 7:36 AM ESTJCPenney (NYSE: JCP) shares are lower amid a downgrade by Maxim Group earlier (more... More
