JCPenney Bringing Back Its Old Logo
An old favorite is returning to JCPenney stores across the country. The former company logo is coming back, after a brief trip to the storage room under now-ousted CEO Ron Johnson.
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An old favorite is returning to JCPenney stores across the country. The former company logo is coming back, after a brief trip to the storage room under now-ousted CEO Ron Johnson.
JCPenney Co., whose shares have been tumbling on worries about its business, says that it is pleased with its turnaround efforts so far.
Shares of beleaguered retailer J.C. Penney are up more than 6 percent in aftermarket trading on Thursday after billionaire financier George Soros disclosed a 7.9 percent stake in the company.
JCPenney said that it has drawn $850 million from its $1.85 billion revolving credit line, a clear sign that the flailing department store chain is in a severe cash crunch.
J.C. Penney is naming Mike Ullman as its new CEO. He takes over from Ron Johnson, who is leaving the company.
After losing big money and customers, Plano-based JC Penney is touching up its plans for a total makeover.
The word from J.C. Penney's Chief Financial Officer Ken Hannah: neither he nor CEO Ron Johnson have plans to resign despite a growing chorus of critics calling for a management shake-up as they lose faith in a turnaround strategy.
The doors are still open at JCPenney stores-- and the cash registers are ringing-- but not nearly enough.
It's been a tough week to be Ron Johnson. After facing down investors this week over a dismal quarterly performance, the JCPenney CEO will be in the spotlight again -- in court.
Shares of JCPenney plunged a day after the department store chain reported massive losses and a nearly 30 percent drop in revenue in its fiscal fourth-quarter period.
JC Penney took a different approach to Black Friday than other major retailers like Target, Wal-Mart and Toys 'R' Us, which opened Thanksgiving evening.
Six months after the department store chain got rid of sales in favor of a three-tier pricing approach, JCPenney is eliminating one tier and bringing back the word "clearance."
JCPenney's shares are tumbling a day after the company announced the departure of Michael Francis, a top executive brought in last October to help redefine the store's brand.
JCPenney CEO Ron Johnson said that the department store chain is resurrecting the word "sale" in promoting its monthlong events, the latest change to reverse a drop in customers.
JCPenney is on the defensive again as a result of a new Father's Day ad featuring a real-life gay couple playing with their children.
He helped shape Target's cheap chic image. He changed the way people shop for Apple gadgets. Now, Ron Johnson faces his biggest challenge yet with JCPenney.
JCPenney's Myron E. Ullman III is stepping down as chairman and will be replaced by board member Thomas Engibous on January 28.
JCPenney says its new CEO from Apple won't assume the job's full duties until February, even though he takes the title in November.
More than a foot of rain has fallen since Monday, triggering dangerous flash flooding in central Texas.
Deadly flooding is surging through Central and South Texas, and officials are urging residents to move to higher ground.
A shelter-in-place warning is in effect in Kerrville due to floodwaters that have taken over area roads.
The National Weather Service has a flash flood emergency in place, meaning an imminent threat to life.
Multiple emergency crews, including Argyle and Lewisville, responded to a drowning call at a pond in the 4800 block of Parkplace Drive.
Deadly flooding is surging through Central and South Texas, and officials are urging residents to move to higher ground.
More than a foot of rain has fallen since Monday, triggering dangerous flash flooding in central Texas.
A shelter-in-place warning is in effect in Kerrville due to floodwaters that have taken over area roads.
The National Weather Service has a flash flood emergency in place, meaning an imminent threat to life.
Multiple emergency crews, including Argyle and Lewisville, responded to a drowning call at a pond in the 4800 block of Parkplace Drive.
A growing number of solar customers across the country have been left in limbo following a company's closure or bankruptcy.
Prosper police detectives say they were punished after reporting an alleged affair between a sergeant and a detective, prompting accusations that the department retaliated against whistleblowers.
Only about 7% of homes in Texas have flood insurance.
Payments for country club dues, luxury jet services, and even a reality show competition are not how you'd expect a community non-profit to use its donations.
An alleged leader of the operation was arrested in Europe and returned to the United States last week.
Ronaldo Salgado said he learned his father, 52-year-old Mexican immigrant Lorenzo Salgado Araujo, had been shot by an ICE officer in Houston last week through a video posted online that depicted him "screaming" for help.
The Pentagon will now require service members over 30 to screen for testosterone deficiency, and if needed, they can elect to have testosterone replacement therapy.
New law aims to address how businesses and consumers should transact amid the phase-out of the penny.
Every ICE arrest team will have at least one law enforcement officer equipped with a body-worn camera going forward, DHS said Tuesday, after two fatal shootings by agents who didn't have cameras.
Harris County District Attorney Sean Teare, who is investigating the fatal ICE shooting of Lorenzo Salgado Araujo, told CBS News ICE's tactics "in no way resemble" the behavior of police agencies he's worked with.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Texas health officials are urging families to safely wash, handle and cook produce as Cyclospora cases rise.
Here's a breakdown of what you need to know about this pest and how to keep your pets safe and healthy.
Health officials are warning Texans about a seasonal rise in the intestinal parasite cyclosporiasis, with cases reported across the state.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Mayor Jim Ross said hotel revenue in the city was a record $31 million in June, smashing the previous mark of $23 million.
Cuban alleges Patrick Dumont has engaged in "adversarial business practices."
During every U.S. World Cup match, 18-year-old Aaron Dotson was selling patriotic gear in downtown Dallas.
A growing number of solar customers across the country have been left in limbo following a company's closure or bankruptcy.
Customers say they've gone to three, sometimes even four stores, to find a specific jersey.
Defending World Cup champion Argentina rallied to edge England 2-1 to advance to Sunday's final at MetLife Stadium, where they will face Spain.
In a match Tuesday featuring two of soccer's biggest heavyweights, Spain put in a masterful performance, frustrating France to the tune of a 2-0 win to advance to Sunday's World Cup final.
Jones has not yet been seen at a tournament-high nine games at the Cowboys' home stadium.
France and Spain meet in a highly anticipated World Cup semifinal showdown at Dallas Stadium.
Red, white, and blue filled Klyde Warren Park in Downtown Dallas, but it's the flag of France, not the U.S.A., flying over hundreds of fans.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
