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Simon Reports Q4 Gains With JCPenney on Track for Improvement

Simon Reports Q4 Gains With JCPenney on Track for Improvement

by Mike Duff | Feb 6, 2024 | Retail Articles

Mall and outlet operator Simon Property Group made gains in the fourth quarter and noted in a conference call that JCPenney, which it helped buy out of bankruptcy, is trending toward operational improvement. For the fourth quarter, company net income was $747.5...
As Department Stores Go Smaller, Where Does Housewares Fit?

As Department Stores Go Smaller, Where Does Housewares Fit?

by Chandler Harvey | Jan 26, 2024 | Featured News, Retail Articles

Small-store strategies have proven popular with a number of major retailers. Macy’s, for one, has been particularly adamant about the importance of limited size and limited assortment in full-priced stores, seeing the opportunity to draw new customers to locations...
JCPenney Details $1B Plan To Enhance Customer Experience

JCPenney Details $1B Plan To Enhance Customer Experience

by Chandler Harvey | Nov 1, 2023 | Featured News, Retail Articles

JCPenney is putting $1 billion back into the business in an effort to boost the omnichannel customer experience — including technology and physical store upgrades— elevate merchandising and advance supply chain operations. Katie Mullen, JCPenney chief customer...
JCPenney Spotlighting Holiday Entertaining & Gifting Value

JCPenney Spotlighting Holiday Entertaining & Gifting Value

by Mike Duff | Oct 25, 2023 | Retail Articles

JCPenney reported it has been doing research ahead of the holidays and plans to provide an abundance of products with a focus on value in gift-giving and hosting. The company surveyed U.S. shoppers for its inaugural Make it Count Holiday Report, which indicated that...
JCPenney, Chef Martinez Collaborate on Mexican-Themed Housewares

JCPenney, Chef Martinez Collaborate on Mexican-Themed Housewares

by Mike Duff | Oct 13, 2023 | Retail Articles

JCPenney is introducing a collaboration with Chef Jenny Martinez for Mesa Mia, a range of affordable, Mexican-inspired kitchen cookware available in stores and online. Chef Martinez is a well-known social media creator who shares her rich family history through...
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