JC Penney Company Inc - apparel and textile industry company news 
Hong Kong's changing role in the apparel industry
10 February 2012
China's rise over the past two decades as the leading location for apparel sourcing has had a knock-on effect on Hong Kong's role in the global garment industry, shifting it from a manufacturer to a servicing and sourcing centre. It will take on even more diverse roles in the future, according to industry executives speaking at recent conferences in Hong Kong. Vicky Sung reports.
US: LF USA eyes expansion at new Greensboro office
7 February 2012
LF USA, a subsidiary of Hong Kong based consumer goods sourcing giant Li & Fung Limited, has opened new offices in Greensboro, North Carolina and hinted that expansion is likely.
US: Penney revamp targets US$900m in savings
27 January 2012
The wholesale revamp of retailer JC Penney’s operations will cost US$800m in capital expenditure in fiscal 2012 – but the company is targeting $900m in cost savings over the next two years.
Top stories on just-style this week...
27 January 2012
Top stories on just-style this week included speculation around Bangladesh's rise as a sourcing hotspot, JC Penney's plans to overhaul its offer and Sun European Partners' plans for UK retailer Bonmarche.
Spotlight on...JC Penney “fresh air” revamp a bold vision
26 January 2012
Few incoming CEOs have put their stamp on their new company as quickly as JC Penney’s Ron Johnson. His former life as head of retail at Apple is evident in the title of the new strategy for the ailing department store business: “In Praise of Fresh Air”.
US: JC Penney revamp plans to overhaul pricing, layout
25 January 2012
The new CEO of JC Penney today (25 January) revealed a series of initiatives to revamp the retailer, including a new pricing strategy, plans to re-invent the in-store experience, new brand identity, and a number of new brands.
US: JC Penney announces Nanette Lepore collaboration
25 January 2012
JC Penney has announced plans to collaborate with designer Nanette Lepore on a clothing range.
US: “Thousands of jobs” to go at JC Penney
24 January 2012
Thousands of staff are to lose their jobs at retailer JC Penney as the retailer’s new CEO undertakes an overhaul of the business, according to reports.
US: JC Penney to "change pricing strategy"
24 January 2012
JC Penney is looking to shift its pricing strategy as part of plans to revamp the struggling US retailer, according to reports.
US: JC Penney appoints Blum as chief technology officer
18 January 2012
JC Penney has appointed Kristen Blum as executive vice president and chief technology officer.
Upscale and value drive US retail sales in December
6 January 2012
Premium and value were the big winners as US retailers reported their all-important December sales results yesterday (5 January).
US: Retailers' December 2011 sales roundup
5 January 2012
The following is a general roundup of US apparel and shoe retailers' December 2011 sales results.
US: Liz Claiborne Inc rebrands as Fifth & Pacific Companies
4 January 2012
Liz Claiborne Inc today (4 January) revealed in intends to change its name to Fifth & Pacific Companies following the sale of its Liz Claiborne brands late last year.
Top ten news stories on just-style in 2011...
23 December 2011
Instead of our regular look at the top stories on just-style during the week, we thought a fitting end to the year would be to take a look at the top stories on just-style in 2011. What made the grade? Not surprisingly, the list includes cotton's ups and downs, the new apparel eco-index scheme...and JC Penney's new logo.
just-style management briefing: Retail winners and losers in 2011
19 December 2011
While some retailers continued to be vulnerable to cost-cutting, swingeing redundancies and store closures in 2011, others acted swiftly to respond to the changing economic circumstances, offering real value to their customers and embarking on ambitious international expansion.
US: Holiday spending to reach pre-recession levels
19 December 2011
US spending over the holiday period is set to top levels last seen before the recession, according to research from consultancy firm Consumer Growth Partners.
November sales a mixed bag for US retailers
2 December 2011
US retailers posted a mixed bag of results in November, with earlier opening hours and Black Friday bargains helping to drive consumer traffic over the Thanksgiving weekend for some, but tougher comparisons with the year-ago period and weaker sales during the rest of the month weighing on others.
US: Retailers' November 2011 sales roundup
1 December 2011
The following is a general roundup of US apparel and shoe retailers' November 2011 sales results.
CAMBODIA: 3,000 garment workers plan strike action
28 November 2011
Nearly 3,000 workers at a factory making clothes for Walmart, H&M, JC Penney, Forever 21, Pink and La Senza are set to go on strike to demand the reinstatement of three sacked unionists.
ISRAEL: Tefron narrows Q3 loss on surge in seamless sales
24 November 2011
Manufacturer Tefron Ltd has narrowed its third quarter loss thanks to soaring sales of its seamless intimate apparel and performance activewear lines.
US: IT exec Thomas Nealon to leave JC Penney
18 November 2011
Department store retailer JC Penney Company Inc is losing key information technology executive Thomas Nealon, who is leaving the firm at the beginning of next month to look after a seriously ill family member.
US: JC Penney appoints Kramer as COO
14 November 2011
US retailer JC Penney has appointed Michael Kramer as COO, effective 5 December.
US: JC Penney swings to Q3 loss
14 November 2011
US department store operator JC Penney swung into a net loss in the third-quarter as the company was hit by restructuring charges and lower sales.
ISRAEL: Delta Galil books Q3 gains as Jones talks continue
11 November 2011
Apparel and lingerie maker Delta Galil Industries Ltd yesterday (10 November) said talks to buy Jones Group's jeanswear division are taking longer than the initial one-month timeframe, but the deal is likely to be finalised by the end of this year.
VIETNAM: Thanh Cong Textile swings to Q3 loss
11 November 2011
Vietnam's leading garment manufacturer Thanh Cong Textile Garment (TCM) has swung to a third quarter loss of VND756m (US$36,000) despite a slight 0.9% rise in revenue.
Slimmer Liz Claiborne to trim corporate costs
10 November 2011
The new slimmed-down Liz Claiborne Inc, which in recent months has sold several under-performing brands including Mexx and its namesake Liz Claiborne label, has admitted it will also have to trim its corporate costs in line with its smaller footprint - but that an investment in new IT systems is also on the cards.
US: Liz Claiborne reaffirms FY despite wider Q3 loss
9 November 2011
Apparel seller Liz Claiborne Inc, which in recent months has sold several under-performing brands including Mexx and its namesake Liz Claiborne line, has reaffirmed its full-year targets despite seeing its third quarter loss widen.
US retail sales cool in October
4 November 2011
Growth in US same-store sales appeared to cool in October as weather and economic malaise weighed on retailers, putting extra pressure on businesses as they transition into the crucial holiday season.
US: Retailers' October 2011 sales roundup
3 November 2011
The following is a general roundup of US apparel and shoe retailers' October 2011 sales results.
US: Liz Claiborne completes JC Penney transactions
3 November 2011
Liz Claiborne announced that it has completed the sale of its Liz Claiborne and Monet brands to JC Penney.
Related research
Company Financials JC Penney Corporation
The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and cash flow statements.
J. C. Penney Company, Inc. (JCP) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of J. C. Penney Company, Inc. provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
J. C. Penney Company, Inc. (JCP) - Financial and Strategic Analysis Review
J.C. Penney Company, Inc. (J. C. Penney), a holding company, operates through its principal operating subsidiary, J.C. Penney Corporation, Inc. (JCP). The company offers a wide range of products, including apparel, home furnishings, fine jewelry, footwear, accessories and beauty products. JCP offers its products and services under several brands, namely, Ambrielle, Liz & Co., CONCEPTS, C7P, Messages from the Heart, American Living, Sephora, Flirtitude, Decree, Fabulosity and others. The company operates over 1,093 JCP departmental stores in 49 states of the US and Puerto Rico. The company is headquartered at Plano, Texas, United States
