Job Cuts at JCPenney (JCP) in FY12 Were More than Double CEO Johnson's Claims

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Go back to Job Cuts at JCPenney (JCP) in FY12 Were More than Double CEO Johnson's Claims

New JCPenney (JCP) Execs Have Gall to Remake Office Space with Luxury Items

March 22, 2013 8:31 AM EDT

It's almost like someone at JCPenney (NYSE: JCP) personally wronged a NY Post reporter at this point.

According to the Post, JCPenney CEO Ron Johnson might be aiming to turn around the retailer, but that doesn't mean he can't do it in style. Sources said that Johnson sports a "swanky" office with walk-in closet as many top... More

Long Commute by New JCPenney (JCP) Execs Slows Progress, Alienates Employees

March 20, 2013 5:10 PM EDT

Despite 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

JCPenney (JCP) Affirms Plans to Cut Additional 2,200 Jobs

March 7, 2013 5:16 PM EST

JCPenney (NYSE: JCP) is seen cutting up to 2,200 jobs amid plunging sales at the discount retail chain.

Bloomberg reports that cuts will come in back-office administration in both stores... More

Ackman Defends J. C. Penney (JCP) CEO Johnson

January 25, 2013 12:29 PM EST

Bill Ackman defends J. C. Penney Company... More