Skip to: Content
Skip to: Site Navigation
Skip to: Search

December 3, 2008 1:18:51 PM CST

Learn about Newser Points »

JCPenney

JCPenney news stories

8 Stories

Serial Thieves Swipe $2.5M in JCPenney Gold

As price climbs, all
that glitters is gone in series of Calif. heists

Los Angeles Times Los Angeles Times May 14, 08 11:17 AM CDT
(Newser) - California police are hunting a gang of gold thieves raiding JCPenney stores across the state, the Los Angeles Times reports. The gang has struck 11 times in 18 months to grab $2.5 million in jewelry, and they've been getting busier as the price of gold continues to climb. Cops aren't sure why the brazen thieves keep hitting JCPenney stores but suspect one of the culprits is an insider. More »

More about:  California • theft • gold • jewelry • gold prices • JCPenney • thief

Markets

 Stocks Fall on Consumer Data 

Weekly losses for Dow and S&P

Bloomberg Bloomberg Mar 28, 08 3:47 PM CDT
(Newser) - Stocks erased morning gains on poor consumer spending news to wrap up today's session in negative territory. The Dow and the S&P 500 racked up weekly losses of 1.2% and 1.1%, Bloomberg reports. The Dow fell 86.38 today to close at 12,216.08. The Nasdaq fell 19.65 to 2,261.18, and the S&P 500 fell 10.54 to 1,315.22. More »

More about:  Dow Jones • S&P 500 • Nasdaq • New York Stock Exchange • Commerce Department • Macy's • JCPenney

Wal-Mart Leads Feb. Retail Rally

Overall sales jump doubles expectations, calms consumer spending fears

Wall Street Journal Wall Street Journal Mar 6, 08 10:47 AM CST
(Newser) - Big retailers showed unexpected signs of life in February, beating weak sales predictions to inject some hope into the market. Wal-Mart led the way, posting a 2.6% same-store increase, beating its own predictions of flat-to-2% growth. Overall, same-store sales climbed 1.9%, with more than half of retailers beating predictions, the Wall Street Journal reports. More »

'Retail Renting' or Stealing?
Stores Crack Down

Shoppers who repeatedly buy and return merchandise face tougher policies

Boston Globe Boston Globe Feb 22, 08 5:42 PM CST
(Newser) - It’s called “wardrobing” or “retail renting,” when a consumer buys, uses, and then returns merchandise, and the National Retail Federation says it’s growing more popular with shoppers, the Boston Globe reports. It's also becoming a bigger headache for merchants as the economy tightens and businesses work harder to keep customers. The NRF reports a 10% growth in the practice in 2007. More »

More about:  US economy • retail sales • Best Buy • JCPenney • shoppers • wardrobe • Dillards

GE Money Loses Data on 650,000 Credit Card Holders

Missing customer info raises data breach fears

Associated Press Associated Press Jan 18, 08 4:29 AM CST
(Newser) - GE Money has lost a computer tape with the personal information of up to 650,000 customers of JC Penney and other retailers, reports the AP. The tape went missing in the warehouse of a data storage company. There's "no indication of theft" and none of the data has yet been used, said a GE Money spokesman. More »

More about:  credit card • General Electric • data • JCPenney • personal privacy • data storage

MARKETS

Retail Leads Black Friday Rally

Wal-Mart, Target, JC Penney all gain; Citigroup rebounds

Bloomberg Bloomberg Nov 23, 07 2:34 PM CST
(Newser) - Stocks rose in an abbreviated session today, cutting losses for the week as early-bird Christmas shopping gave reason for optimism. "The fact that Black Friday is not a disaster and is off to a modest but healthy start is just a relief,'' one analyst told Bloomberg. The Dow closed up 181.84 at 12,980.88, the Nasdaq up 34.45 at 2,596.60, and the S&P 500 at 1,440.70, up 23.93. More »

More about:  Dow Jones • stock market • Wal-Mart • holiday shopping • NASDAQ • Target • Black Friday • JCPenney • Standard and Poor

Black Friday Getting Longer

Stores open earlier to boost profits, attract headlines

Associated Press Associated Press Nov 22, 07 8:08 PM CST
(Newser) - Stores will open earlier than ever on Black Friday, with midnight openings becoming more common, the AP reports. Wal-Mart, in fact, began its sales today. "You sell two sweaters and you've broken even,” said one analyst. But Gap chief Glenn Murphy will be out with the hordes, then crunching numbers. “There is a point from an industry perspective where you get diminishing returns.” More »

More about:  US economy • business • shopping • chain stores • JCPenney • The Gap • department stores

JCPenney Dominates Online

BusinessWeek BusinessWeek Apr 30, 07 12:04 PM CDT
(Newser) - The identity of one of the web's largest and most successful retailers may come as a surprise. It's JCPenney, Business Week reports, and it attracted 926,000 paying customers to its website in the first quarter—a number that ranks the 105-year-old company with web giants like eBay, Amazon, and Ticketmaster. More »

More about:  Internet • retail • consumer • shopping • online retailers • JCPenney

8 Stories

Today's Most Popular

Loading...

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »