JC Penney Company Inc

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Latest Insights

JC Penney to shuffle brands amid turnaround

Ailing US department store retailer JC Penney has set out its strategy for the final phase of its turnaround, which will include the discont...

Spotlight on...Analysts split on JC Penney layoffs

Ailing department store retailer JC Penney is to axe 2% of its workforce with the closure of 33 stores over the coming months, in a move des...

JC Penney says turnaround is "taking hold"

The turnaround of struggling department store chain JC Penney is beginning to take hold, according to CEO Mike Ullman. But the US-based reta...

Trade deals move ahead in changing US industry

Hot topics under discussion at the annual meeting of the rebranded United States Fashion Industry Association (USFIA) included major trade n...

Latest Interviews

Speaking with style: Andrew Lo, CEO, Crystal Group 31 Aug 2012

Leonie Barrie

Hong Kong based Crystal Group is one of Asia's largest apparel manufacturers, producing more than 230m garments a year for customers including Victoria's Secret, Levi's, A&F, H&M, M&S, Uniqlo, JC Penney and Gap. Here CEO Andrew Lo talks to just-style about supply chain consolidation, productivity, setting up offshore factories, and why big is better when it comes to building a competitive edge.


Interview: Ranjan Mahtani, CEO, Epic Group 28 Feb 2012

Leonie Barrie

Faced with what he describes as a "never-ending battle" against rising costs, Ranjan Mahtani, the CEO of Hong Kong based apparel supplier Epic Group, is in fighting mood. But what is also clear is his concern that the apparel industry's current preoccupation with price leaves it in danger of failing to see an even bigger and more worrying issue: the lack of new supply countries coming through.

Latest News

Rana Plaza compensation to begin next month 19 Mar 2014

Leonie Barrie

The committee set up to pay compensation to the victims of the Rana Plaza factory collapse aims to distribute US$2m to around 3,600 workers and families before the one-year anniversary of the tragedy on 24 April.


Funds fall short as Rana Plaza compensation nears 14 Mar 2014

Leonie Barrie

Compensation payments to victims of the Rana Plaza factory collapse are due to start next month - but campaigners admit funds still fall far short of the $40m needed to make payments to all workers.


JC Penney shares climb on swing to Q4 profit 27 Feb 2014

Michelle Russell

US department store retailer JC Penney saw its shares climb yesterday (27 February) as it revealed its first quarterly profit since July 2011.


Bangladesh workers see safety offsetting output 24 Feb 2014

Leonie Barrie

Garment workers in Bangladesh not only lack basic knowledge on fire and building safety but also feel fire drills and safety training take too much time and increase pressure on them to reach production targets, a survey has found.


Krilla steps down as Alliance refocuses on Dhaka 24 Feb 2014

Leonie Barrie

Plans by the Alliance for Bangladesh Worker Safety to shift most of its work from Washington to Dhaka, where efforts are currently underway to accelerate its factory inspections, will also see Jeff Krilla step down as president and CEO.

Latest blogs

The last few years have seen significant changes 3 Mar 2014

Leonie Barrie

The last few years have brought significant changes to the apparel sourcing landscape in Asia. The era of Chinese low-cost apparel manufacturing is a trend from the past, and several countries have stepped up to claim their part of the manufacturing pie. Apparel industry analysts say that although China's dominance continues, a clear segmentation is now taking place in Asia.


Challenges and opportunities in 2014? 21 Jan 2014

Leonie Barrie

just-style's annual briefing on apparel industry issues to watch in the year ahead has gathered feedback from leading executives on the challenges and opportunities likely to emerge in 2014. Their insight provides a fascinating overview of the state of the sector today.

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