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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: JCPenney

JCPenney stories: 11 news summaries




 JC Penney Ditching 
 'Big Book' Catalog 

Oversize book was a relic in Internet age

Nov 18, 09 5:00 PM CST
(Newser) - Retailer JC Penney is discontinuing its Big Book—the 1,000-page catalog as big as a telephone book—as customers increasingly buy from jcp.com. The Penney Big Book has long been a cultural fixture for many, but younger customers aren't following suit. "It was an outdated way of... More »

MORE ABOUT:
retail • JCPenney • website • J.C. Penney • catalog

MARKETS

 Earnings Drive Dow Up 73 

Dow Up 2.5% from week-ago close

Nov 13, 09 3:15 PM CST
(Newser) - Stocks finished off their intraday highs but with solid gains on strong earnings reports from Disney, Abercrombie & Fitch, and JCPenney, the Wall Street Journal reports.
  • The Dow gained 73.00 points to close at 10,270.47.
  • The Nasdaq added 18.86, settling at 2,167.88.
... More »

MORE ABOUT:
JCPenney • Dow Jones • Disney • Nasdaq • S&P 500 • Abercrombie & Fitch

Obama CIO
Stole Shirts
From JC Penney

Kundra comes across as 'petty thief with bad taste in clothes'

Mar 19, 09 8:12 AM CDT
(Newser) - Days ago, it emerged that President Obama’s Chief Information Officer once pleaded guilty to theft; now the Business Insider comments on what Vivek Kundra stole: $134 worth of JC Penney shirts. “At an average of $33.50 a pop, they weren't even nice shirts, even in 1996 dollars”... More »

MORE ABOUT:
JCPenney • shoplifting • Obama administration • President Obama • Vivek Kundra

Serial Thieves Swipe $2.5M in JCPenney Gold

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

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... More »

MORE ABOUT:
California • JCPenney • theft • thief • gold • jewelry • gold prices

Markets

 Stocks Fall on Consumer Data 

Weekly losses for Dow and S&P

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... More »

MORE ABOUT:
New York Stock Exchange • JCPenney • Dow Jones • Macy's • Nasdaq • Department of Commerce • S&P 500

Wal-Mart Leads Feb. Retail Rally

Overall sales jump doubles expectations, calms consumer spending fears

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... More »

MORE ABOUT:
retail • Costco • JCPenney • Sam's Club • Macy's • consumer spending • Home Depot • retail sales • Target • Victoria's Secret • Sears • National Retail Federation • Wal-Mart • Abercrombie & Fitch • American Eagle • BJ's Wholesale Club • Thomson Financial Same Store Sales Index • Kohl's • Saks • Gap • Banana Republic • Limited • Buckle • Pacific Sunwear • Wet Seal • Aeropostale

'Retail Renting' or Stealing?
Stores Crack Down

Shoppers who repeatedly buy and return merchandise face tougher policies

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... More »

MORE ABOUT:
JCPenney • US economy • retail sales • Best Buy • wardrobe • shoppers • Dillards • Bealls Department Stores

GE Money Loses Data on 650,000 Credit Card Holders

Missing customer info raises data breach fears

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... More »

MORE ABOUT:
JCPenney • General Electric • credit card • data • data storage • personal privacy

MARKETS

Retail Leads Black Friday Rally

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

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... More »

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

Black Friday Getting Longer

Stores open earlier to boost profits, attract headlines

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... More »

MORE ABOUT:
shopping • JCPenney • business • US economy • chain stores • The Gap • department stores

JCPenney Dominates Online

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... More »

MORE ABOUT:
Internet • retail • shopping • consumer • online retailers • JCPenney

11 Stories


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