by Mike Duff | Jul 11, 2024 | Retail Articles
JCPenney is aligning promotions to support parents shopping for their kids through the summer. Although they aren’t strictly back-to-school events, the promotions all include elements that provide bargains for those who are shopping for the return to elementary...
by Mike Duff | Jun 18, 2024 | Retail Articles
JCPenney has unveiled an automated sorting and packing upgrade at its 1.67 million-square-foot distribution center in Reno, NV. As part of the retailer’s self-funded $1 billion reinvestment strategy announced in 2023, JCPenney has put $40 million into updating the...
by Mike Duff | May 20, 2024 | Retail Articles
Earnings slid at JCPenney in the fiscal year ended February 3, 2024, with sales down if in a lesser way. Penney Intermediate Holdings reported a net income of $30 million versus $221 million in the year before. After a currency translation adjustment, income was $29...
by Mike Duff | Apr 17, 2024 | Retail Articles
JCPenney today announced the launch of a new loyalty program that allows consumer to sign up for free and offers a chance to meet National Basketball Association legend Shaquille O’Neal. The JCPenney Rewards and Credit Program is free and offers a simpler, more...
by Mike Duff | Apr 9, 2024 | Retail Articles
JCPenney has opened a new store in New Jersey after announcing a massive reinvestment program last year. The latest JC Penney store is at Willowbrook Mall in the town of Wayne, NJ. Other anchor retailers operating in the mall are Macy’s, Bloomingdale’s and BJ’s...
