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Simon Property and Brookfield, and J.C. Penney’s main creditors will become its new owners as it emerges from bankruptcy by Thanksgiving. JC Penny filed for Chapter...
On his RealMoney blog, Jim Cramer wondered if anyone really needs J.C. Penney (JCP) anymore. To give the classic retailer credit, it did rise...
Simon Property Group is in talks to convert empty Sears and J.C. Penney stores in malles into distribution centers, reports say.
J.C. Penney may go the way of Woolworth’s and other retail dinosaurs. It lost its once loyal customers in a bid to fix what...
The national unemployment rate in the U.S. has fallen over the past two months from heights not seen since the Great Depression.
Jill Renslow, the mall’s senior vice president said “We’re excited to give this day back to our employees so they can celebrate with their...
There was a time in my life when a sweater from J. C. Penney was considered nice. Not Saks Fifth Avenue nice —...
Bill Ackman might be controversial, but he had the top performing hedge fund of 2014, as reported by Bloomberg. While he was ridiculed the...
Bill Ackman revealed that he has an 18.8% stake in Restaurant Brands International, a company that is the result of the controversial merger between...