by Mike Duff | May 13, 2025 | Retail Articles
Penney Intermediate Holdings, which has been operating the JCPenney business, reported a turn to a loss for its fiscal year ended February 1. According to a filing with the United States Securities and Exchange Commission, net loss was $177 million, and comprehensive...
by Mike Duff | Mar 25, 2025 | Retail Articles
JCPenney, in a move influenced by its newly created parent Catalyst Brands, has appointed VaynerMedia as its social and influencer marketing agency of record. VaynerMedia will deploy its social, creative and production capabilities to boost business results for the...
by Mike Duff | Feb 17, 2025 | Retail Articles
JCPenney is conducting what a spokesperson called isolated store closures affecting eight locations from Maryland to California through the middle of 2025. The store closures don’t suggest the company intends to shutter additional stores as it continues on its...
by Mike Duff | Jan 9, 2025 | Featured News, Retail Articles
JCPenney and SPARC Group combined to form a new enterprise, Catalyst Brands, in a merger that brings together a range of legacy fashion and retail brands. The merger highlights a brand portfolio that includes SPARC’s Aéropostale, Brooks Brothers, Eddie Bauer, Lucky...
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...
