(Reuters) - Retailer J.C. Penney Co Inc's <JCP.N> operating margins plunged in the first quarter on weak sales and heavy clearance deals, as its new chief executive promised more promotions and a return to basics to win back shoppers. Full story
(Reuters) - J.C. Penney Co Inc's <JCP.N> stores, distribution centers and headquarters are worth a total of $4.06 billion, according to an appraisal conducted for the department store chain and disclosed on Tuesday in a presentation to potential lenders that was also filed with U.S. regulators Full story
J.C. Penney's CEO Ron Johnson received a total of $1.9 million in 2012, reports CNBC's Courtney Reagan.
J.C. Penney experienced a tough year, but Oppenheimer says the retailer's aggressive promotions are helping holiday season sales. Brian Nagel, Oppenheimer & Co., weighs in.
CNBC's Herb Greenberg explains why J.C. Penney's CEO Ron Johnson makes his "Worst CEO of 2012" list.
The sign outside the J.C. Penney store is seen in Westminster, Colorado February 20, 2009. REUTERS/Rick Wilking
A couple walks by a J.C. Penney store in Arcadia, California March 1, 2013. REUTERS/Mario Anzuoni
A man with a Macy's bag walks past the J.C. Penney's store in New York, April 11, 2013. REUTERS/Brendan McDermid
Shoppers walk past the J.C. Penney's store in New York in this file photo taken April 11, 2013. U.S. retail sales contracted in March for the second time in three months and consumer confidence tumbled in April, a sign that tax hikes early this year have stolen momentum from the American economy.