New JCPenney (JCP) Execs Have Gall to Remake Office Space with Luxury Items

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Job Cuts at JCPenney (JCP) in FY12 Were More than Double CEO Johnson's Claims

March 21, 2013 9:02 AM EDT

Housecleaning at JCPenney (NYSE: JCP) may have been more rigorous than previously expected.

According to a 10-K filed Wednesday night, JCPenney reported 116,000 full-time employees working at the company at the end of... More

Long Commute by New JCPenney (JCP) Execs Slows Progress, Alienates Employees

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