JCPenney
Latest News
JCPenney India ranks 25th in India’s Great Mid-size Workplaces
The company also ranked in the top 50 of India’s Best Workplaces™ for Millennials, this year
Bengaluru: Retail chain JCPenney India has ranked 25th among the top 100 of India’s Great Mid-size Workplaces, the brand said in a press release on...
Latest News
JCPenney India onboards Kaushik Das as the new managing director
In his new role, Das will take on the responsibility of driving innovation and leading the transformation strategy for the companyBengaluru: Retail chain JCPenney India has appointed Kaushik Das as its new managing director, the company said in a...
International News
8 big box brands that are seeking bankruptcy protection amid COVID crisis
Economies all over the world are suffering due to the Novel Coronavirus pandemic, and the global retail industry – which has been in a state of flux for the last few years – has been especially hard hit. The...
International News
JCPenney receives court approval of ‘First Day’ motions to support business operations
J. C. Penney Company, Inc announced that it has received approvals from the U.S. Bankruptcy Court for the Southern District of Texas, in Corpus Christi, TX for the ‘First Day’ motions related to the company’s voluntary Chapter 11 petitions...
International News
JCPenney introduces toy shops in all stores
As JCPenney continues to explore new merchandise categories and differentiate its business, the retailer is opening toy shops in all of its brick-and-mortar locations with a significantly expanded assortment available at JCPenney.com.
Strategically adjacent to the Disney Collection inside JCPenney,...
Fashion & Lifestyle
Department store chain JCPenney to shut down 138 stores in the US
Struggling department store chain JCPenney is closing down 138 stores and two distribution centers in the US in a move to cut costs, boost sales at stronger locations and focus on e-commerce.
About 5,000 workers will be impacted by the...
International News
Amazon's worth is now more than top 8 brick-and-mortar retailers combined
According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth more than the top eight traditional brick-and-mortar retailers combined.
The note by the analysts' goes on to say that the Seattle-based retail...
International News
Macy's, Sears, JCPenney pull out of malls, US$48 bn of loans at risk
New research by Morningstar shows that there is no end in sight for the shopping mall crisis in the US.
The research report says that hundreds of shopping malls have shut down over the last several years amid a pullback in consumer...
Latest News
Welspun's scrip declines by over 47 per cent; Rs 4,867 crore investor wealth lost
Welspun India's scrip witnessed severe drubbing for the fourth day in a row, falling over 8 per cent on Thursday amid a host of negative news following US-based Target Corp's decision to terminate its contract with the company for...
Retail
5 international department stores that are struggling to survive
Big Box Stores Getting Smaller
Despite the fact that retailers internationally are working hard to adjust to a more digital consumer - by either shutting their under-performing stores or coming up with a new retail strategies - department stores do...
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Latest News
Chandni Chowk Wedding Festival draws 1.56 million visitors at Omaxe Chowk
More than 75 brands across fashion, jewellery, and lifestyle from Chandni Chowk and Omaxe Chowk came together for the...
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