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.
With all the lingering questions about the future of coach Mike McCarthy, they won for the fourth time in their last five games.
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Jamir was riding his bike home from Winniford Park in Mckinney on Saturday around 6 PM when McKinney police say a driver in a dark four door sedan hit him and kept on going. Police are asking for the public's help to find that driver.
As the season of giving is underway, CBS News Texas has teamed up with Tom Thumb, Albertsons to highlight nonprofits making a difference in their communities year-round, while offering a $1,000 donation.
The disturbance happened Sunday afternoon, just days before Christmas, near the mall's busy food court area.
With all the lingering questions about the future of coach Mike McCarthy, they won for the fourth time in their last five games.
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Jamir was riding his bike home from Winniford Park in Mckinney on Saturday around 6 PM when McKinney police say a driver in a dark four door sedan hit him and kept on going. Police are asking for the public's help to find that driver.
As the season of giving is underway, CBS News Texas has teamed up with Tom Thumb, Albertsons to highlight nonprofits making a difference in their communities year-round, while offering a $1,000 donation.
The disturbance happened Sunday afternoon, just days before Christmas, near the mall's busy food court area.
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Amber Crum was just 2 years old when she disappeared from the Pleasant Grove area the day after Christmas in 1983.
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"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
For weeks, the I-Team traced the cups dropped inside seven locations in Garland, Plano, Frisco, Irving, Hurst, Highland Park, and Fort Worth.
Pillen's office did not specify what injuries he sustained or how serious they were, but noted he was expected to remain in the hospital for several days.
Granger released a statement after a Dallas news site reported that she was living in a memory care facility.
Rep. Kay Granger has not cast a vote in Congress since July and stepped down from the powerful House Appropriations Committee in March.
Ken Molestina fills in for Jack Fink this week as Texas outlines another strategy to handle security on the southern border. Collin County Elections Administrator Bruce Sherbet recently announced he's retiring and reflects on his time in the role in a conversation with Jack. Jack also spoke to Frisco Mayor Jeff Cheney about the city's growth and new developments. (Original air date: December 22, 2024.)
UnitedHealthcare CEO Brian Thompson was gunned down in New York earlier this month, and there has been some celebration on social media of the suspected killer.
At Fort Worth ISD's North Side High School, the sounds of an American sport on the field meet mariachi music in the stands.
With new foods, such as the "Drowning Taquitos" and the "Beso de Angel," Tony's Taco Shop owners say they don't take their success for granted.
Latinas in Tech DFW started back up last year after the pandemic. They have lots of opportunities for Latinas to network, connect, and learn new skills.
Anchor Ken Molestina shows us how he makes his Cuban coffee for the CBS News Texas newsroom.
Del Olmo, who has played golf his entire life, recalls how rare the sport was for people like him growing up in Mexico City.
A North Texas couple vetted and hired a local company for their move to Oregon, not knowing someone else would be taking their things.
Big solar companies oftentimes outsource on-the-ground sales efforts to third-party companies.
As more seniors fall victim to financial scams, citizens and lawmakers search for stronger consumer protections.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Many participants are amputees but the program also supports those with neurodivergent conditions, brain injuries, military injuries and more.
"The mystery has finally been solved," Congo's health ministry says, after an unidentified disease outbreak started killing mainly women and children in a remote region.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
The concept is simple: a menu with no prices. Guests pay what they can afford.
The new Fort Worth facility is expected to create hundreds of new jobs to help build long-range assault aircraft.
The Dallas City Council voted Wednesday to approve a contract which includes a $15 million upgrade to the convention center.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
According to the report, 15,151 Texas workers are owed back wages.
With all the lingering questions about the future of coach Mike McCarthy, they won for the fourth time in their last five games.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
"America's Team: The Gambler and His Cowboys" is coming to Netflix in 2025.
Rick Welts was previously the president and COO of the Golden State Warriors.
Before they step on the field, the SMU Mustangs football team has to get through finals first.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
This year, the team wanted to be sure more visitors could enjoy the trains.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
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Cowtown lit up the streets of Downtown with smiles and lights during the annual Parade of Lights.
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Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
