Tag Archives: J.C. Penney

Ron Johnson’s Ghost- J.C. Penney(JCP) And Macy’s(M) Finally Settle Martha Stewart Litigation As Both Firms Struggle

By | February 3, 2017
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J.C. Penney logo

For those who thought the Ron Johnson era at J.C. Penney(JCP) was long over, a reminder this week that the results of his disastrous 17 month tenure continue to linger. Johnson was fired in 2013, but, despite strides under new CEO Marvin Ellison, the company remains a shadow of what it was prior to Johnson’s tenure. Incredibly, Johnson… Read More »

J. C. Penney Buries The Lede, Mutters Something About Great Q3 Same Store Sales And Margins

By | November 11, 2015
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The title on this morning’s press release from J. C. Penney(JCP) reads “J. C. Penney Company, Inc. Announces Settlement of Class Action Lawsuit,” and, indeed it did. But hidden in the same press release, in the fourth paragraph the company comments on Q3 numbers. “While we are confident of our position, resolving this litigation removes any uncertainty and… Read More »