US: “Thousands of jobs” to go at JC Penney
By Richard Woodard | 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.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
US: JC Penney names Garcia fashion collection curator
The latest initiative introduced by department store retailer JC Penney as part of a wider overhaul of its business is to hire fashion journalist Nina Garcia to provide customers with style advice and ideas.
US: JC Penney selects Oracle to support transformation
US department store operator JC Penney, which is in the midst of a transformation plan, will implement a selection of solutions from software firm Oracle Retail to streamline its operations.
US: JC Penney cuts another 350 headquarters jobs
Department store retailer JC Penney Company is cutting another 350 jobs at its corporate headquarters in Plano, Texas as part of an ongoing transformation of its business under new CEO Ron Johnson.
Market research related to this article
Homeshopping - USA
The homeshopping sector has not escaped the effects of the struggling economy. As consumers have cut purchases overall, this has included items purchased through homeshopping. Companies have made efforts to reduce costs and, as a result, many reduced...
Direct Selling - USA
According to the Direct Sellers Association (DSA), the main trade group for the channel, approximately 16 million people in the US are involved in direct selling. The majority of direct selling agents are women. Many agents are mothers who are simply...
Clothing and Footwear Specialist Retailers - USA
Clothing and footwear specialist retailers experienced only moderate growth in 2010. Though the 1% growth rate was an improvement over the previous year, when sales declined sharply, this sector still faces difficulties as a result of consumers’ shif...
