Job Cuts at JCPenney (JCP) in FY12 Were More than Double CEO Johnson's Claims
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March 22, 2013 8:31 AM EDT
It's almost like someone at JCPenney (NYSE: JCP) personally wronged a NY Post reporter at this point.
According to the Post, JCPenney CEO Ron Johnson might be aiming to turn around the retailer, but that doesn't mean he can't do it in style. Sources said that Johnson sports a "swanky" office with walk-in closet as many top... More
March 20, 2013 5:10 PM EDT
Despite CEO Ron Johnson's efforts to turn around J.C. Penney (NYSE: JCP) as retailer, he's really making it hard on himself.
According to Bloomberg, Johnson has hired no less than nine executives which live "airplane only" distance away, which translates to more miles than would make for a comfortable commute.
JCPenney has its headquarters in Plano, Texas. The following are some of the... More
March 7, 2013 5:16 PM EST
JCPenney (NYSE: JCP) is seen cutting up to 2,200 jobs amid plunging sales at the discount retail chain.
Bloomberg reports that cuts will come in back-office administration in both stores... More
January 25, 2013 12:29 PM EST
Bill Ackman defends J. C. Penney Company... More
