JCPenney

Jason Mrachina

4 Things You Should Know About The Ongoing Retail Apocalypse

To say that the retail industry has been having a tough go of it in 2017 would be a huge understatement, what with scores of retailers shuttering stores or closing up completely. It’s already been a record-setting year for retail bankruptcies, and it’s not even halfway done. Sadly, the second half of 2017 doesn’t look any better. [More]

frankieleon

Since Shoppers Aren’t Going To Stores, JCPenney Wants To Sell Linens To Hotels

Looking around its stores for something else to sell that isn’t clothing, JCPenney is entering a new business. After noticing large online orders for home goods placed by what turned out to be hotels, the company has decided to launch an actual sales team that will visit and sell to hotels. [More]

Mike Mozart

People Are Still Shopping At JCPenney… But Not For Clothes

JCPenney has been moving in on the appliance and home territory more associated with Sears or even Home Depot lately, which is helping the retailer. However, clothing sales are still JCP’s core business, and that’s proving to be a problem as shoppers simply don’t seem interesting in buying their clothes from Penney’s. [More]

JCPenney Pretties Up, Adds More In-Store Sephora Locations

JCPenney Pretties Up, Adds More In-Store Sephora Locations

In a move to boost foot traffic (and hopefully sales) while getting some help with the rent, JCPenney and Sephora are expanding their partnership, adding and enlarging dozens more store-within-the-store locations of the beauty products retailer. [More]

Joachim Rayos

Retail Continues To Suffer As Sales Decline For Second Month In A Row

For the first time in nearly two years, retail sales declined two months in a row, highlighting once again the current challenges facing a retail industry that has suffered a number of bankruptcies and store closures so far in 2017. [More]

Daniel Oines

Demise Of hhgregg Means You’ll Buy Your Next Fridge From Best Buy

The bankruptcy and liquidation of hhgregg is terrible for the retailer’s employees and retail landlords, but someone may benefit from the retailer’s downfall. Best Buy has a national presence and a large overlap with what hhgregg sells, and is in a position to pick up some of the retailer’s former customers the next time that they need a fridge or a computer. [More]

Mike Mozart

Here’s The List Of JCPenney Stores Closing This Spring

JCPenney has done the best job of all American department store chains at adapting to the new retail reality and recovering from a brief complete brand makeover under former CEO Ron Johnson, but that reality still means closing some of its stores. Today, the chain released the list of 138 store locations that it plans to close in the coming months. [More]

JCPenney Goes For Sears’ Jugular With Expanded Home Services

JCPenney Goes For Sears’ Jugular With Expanded Home Services

With questions arising about Sears’ ability to make it through another year without borrowing even more money from its own CEO, JCPenney has been quietly expanding its business to be more like the Sears of old, selling appliances and even heating/air-conditioning systems. Today, JCP went even further in its apparent efforts to kick Sears while it’s down. [More]

Mike Mozart

JCPenney To Bring Appliances To 100 More Stores, Add Brands

While JCPenney recently announced plans to close more than 130 stores and offer early retirement to employees to cut its staff, the department store chain also has some good news. It is expanding appliance showrooms to an additional 100 stores for a total of 600, and adding more brands to its offerings. [More]

Nicholas Eckhart

JCPenney To Close 130 to 140 Stores Over Next Few Months

This morning, JCPenney revealed plans to shutter more than 100 stores, putting it in the unwelcome company of other anchor store stalwarts — like Sears and Macy’s — who have recently begun paring down their retail footprint. [More]

Mike Mozart

JCPenney And Macy’s Settle Long-Running Lawsuit Over Martha Stewart Housewares

Does it feel like 2012 was very long ago? That’s when JCPenney and Macy’s began their dispute over who has the right to sell Martha Stewart’s branded housewares in their stores. The two chains have finally decided to settle the case, though the terms weren’t disclosed. [More]

JCPenney Adding Nike Stores Inside 600 Locations

JCPenney Adding Nike Stores Inside 600 Locations

In their attempts to draw in customers and become more of a one-stop-shop, struggling department stores across the country have entered into partnerships to host store-within-a-store concepts: from Macy’s LensCrafters shops to Best Buy’s Verizon and AT&T “experience stores.” Now, JCPenney is jumping into the fray, launching Nike stores in 600 of its locations around the country.  [More]

Mike Mozart

JCPenney Now Wants To Sell You An HVAC System Too

Mall stalwart JCPenney isn’t just for socks and chinos anymore; the retailer has been edging into the appliance territory once dominated by competitor Sears for a while. But apparently edging in on Sears’ turf isn’t enough, and JCP is considering honing in on something a little more Home Depot, too. [More]

David Mann

Racist Tirade Proves To Be One Way To Get Banned From A Mall

What kind of behavior can get you banned from a public place like a mall? Being caught on camera verbally abusing other customers is one way, as a woman in Kentucky recently found out. [More]

Mike Mozart

Former JCPenney CEO: Sales Have Become A Cancer

Just days after JCPenney handed out a very limited number of $500 coupons to lure shoppers to stores on Thanksgiving, the retailer’s former CEO made it clear that he believes that similar promotions and sales could ultimately harm department stores.  [More]

Nicholas Eckhart

JCPenney Handing Out $500 Coupons To Lure Shoppers On Thanksgiving

Even though JCPenney is starting its Black Friday sales online next Wednesday, the retailer is still hoping it can convince some folks that they’d rather be shopping in physical stores on Thanksgiving than spending time with loved ones/taking turkey-induced naps by offering up coupons worth $500 off to the first people to come through the doors. [More]

rlpurkey

Here Are The Trends We See In This Year’s Black Friday Ads

Every year, the Black Friday ad flyers for major retailers “leak” online, giving shoppers an opportunity to pore over them well before the hefty Thanksgiving newspaper arrives on their doorsteps, if they receive a Thanksgiving newspaper at all. [More]

Nicholas Eckhart

JCPenney Kicks Off Black Friday The Wednesday Before Thanksgiving

Last year, JCPenney waited around until Thanksgiving Day to begin its Black Friday/Shopping Frenzy Week deals. This year, the department store chain has decided that’s way too late, and plans to start its deals even earlier: all of its advertised specials for Black Friday will be available on Wednesday. [More]