0 results for 'JC Penney'
J.C. Penney Rises on Report More Discounting Boosting Sales
J.C. Penney Co. gained in New York trading after analysts at Cleveland Research said deeper promotions this month have increased sales by bringing more shoppers into stores.J.C. Penney draws $850M from revolving credit line
J.C. Penney Co. said it has drawn $850 million from its $1.85 billion revolving credit line, a sign that the flailing department store chain is in a cash crunch after a disastrous turnaround plan launched early last year.J.C. Penney's lowest sales in decades show CEO stumbling
J.C. Penney Co. chief executive officer Ron Johnson is facing mounting pressure after the first year of his turnaround plan resulted in the department-store company's lowest annual sales in more than two decades.J.C. Penney high-flying executives seen hampering CEO revamp
J.C. Penney chief executive officer Ron Johnson, who is struggling to overhaul the department-store company, risks making his task harder by hiring at least nine key executives who live a plane ride away. The company pays for the commutes.J.C. Penney Sells $932 Million Of Shares Amid Turnaround
Less than a day after J.C. Penney said it was "pleased" with its turnaround, the department-store chain announced a share offering to raise as much as $932 million and lowered its year-end liquidity forecast.Am Law 100 Trio Helps J.C. Penney Dress for Success
Skadden, Kirkland & Ellis, and Davis Polk have advised on a deal that sees Pershing Square Capital Management's William Ackman unload his roughly 18 percent stake in struggling retailer J.C. Penney, which has secured investments from rival hedge fund managers.With J.C. Penney's CEO gone, company sale may be next
J.C. Penney Co. made a radical break with tradition by hiring Silicon Valley wunderkind Ron Johnson as chief executive officer. With Johnson gone, the chain may have to pursue even more radical options, such as selling itself.When Feuds Break Out, GC Must Be A Buffer With 'A Laser Focus'
While it is rare for a member of a company's board of directors to go rogue—as J.C. Penney Co. Inc.'s just-resigned William Ackman did—it does happen occasionally. Companies—and their general counsel—need to plan for it as they do any other crisis management moment, experts say.J.C. Penney wanted Martha Stewart to break Macy's contract
J.C. Penney Co. tried to persuade Martha Stewart Living Omnimedia Inc. to break its contract with Macy's Inc., an attorney for the second-largest U.S. department-store chain told a judge.The GC's Role When Board Members Go Rogue
While it is rare for a member of a company's board of directors to go rogue—as J.C. Penney Co. Inc.'s just-resigned William Ackman did—it does happen. Companies—and their general counsel—need to plan for it as they do any other crisis management moment.Revenue, Profit, Cash: Managing Law Firms for Success
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