JC Penney has reported widening losses. (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images) Department store JC Penney has reported that its net loss in the first ...

NEW YORK (AP) — J.C. Penney is expected to report dismal fourth-quarter results after the regular markets close on Wednesday, marking a full year of hefty quarterly losses and sharp revenue drops ...

Yahoo Racing is powered by Motorsport Network, providing expert reporting, analysis, and insider access across the world’s top racing series. JC Penney certainly doesn't have the dedicated following ...

After a successful stint at Target, when Ron Johnson led Apple's retail efforts from 2000 to 2011, it seemed that he could do no wrong. But the winning streak came to a well-publicized end during his ...

JC Penney has its old CEO, Mike Ullman, in charge of the company again. Abundant sales and coupons have returned, as have brands that disappeared for a spell. In many ways, the JC Penney of old is ...

NEW YORK - It just wasn't JC Penney's year. The midprice department store chain reported another much larger-than-expected loss in the fiscal fourth quarter on a nearly 30 percent plunge in revenue in ...

A Triangle JC Penney store was among 119 locations included in a recent sale. The store at The Streets at Southpoint was the only North Carolina location sold to an affiliate of Onyx Partners based in ...

JC Penney is closing several stores in the U.S. this weekend including the San Bruno location at Tanforan Mall. In a statement to ABC's "Good Morning America," JCPenney said the decision to shutter ...

J.C. Penney says it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping.

BOSTON/NEW YORK (Reuters) - Hedge fund manager James Dinan is wagering that ailing retailer JC Penney Corp will continue to perform poorly and in the process he is taking on the company's biggest bull ...

Standard & Poor is dropping JC Penney from its S&P 500 Index and replacing the troubled retailer with door lock company Allegion. The department store retailer’s plummeting market value, which fell 37 ...