Penney

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FILE - In this Nov. 24, 2017, file photo, a shopper heads into a J.C. Penney store in Seattle. Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.C. Penney out of bankruptcy and keep the chain running, an attorney for Penney's announced Wednesday, Sept. 9, 2020. (AP Photo/Elaine Thompson, File)

Mall owners close to buying JC Penney out of bankruptcy

By ANNE D'INNOCENZIO - Associated Press

J.C. Penney lawyer says chain is going forward with sale

By ANNE D'INNOCENZIO - Associated Press

FILE - In this May 8, 2020, file photo, a J.C. Penney store sits closed in Roseville, Mich. The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. Penney said late Friday, May 15, 2020, it will be closing some stores and will be disclosing details and timing in the next few weeks. (AP Photo/Paul Sancya, File)

JC Penney cuts 1,000 jobs as it closes stores

Associated Press

JC Penney closing 154 stores in first post-bankruptcy phase

By JOSEPH PISANI - Associated Press

FILE - In this May 8, 2020, file photo, a J.C. Penney store sits closed in Roseville, Mich. The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. Penney said late Friday, May 15, 2020, it will be closing some stores and will be disclosing details and timing in the next few weeks. (AP Photo/Paul Sancya, File)

JC Penney plans to close more than 240 stores

By JOSEPH PISANI - Associated Press

In this Aug. 14, 2019, file photo two women walk into the JCPenney store in Peabody, Mass. (AP Photo/Charles Krupa, File)

J.C. Penney sees key sales figure down for the year

By ANNE D'INNOCENZIO - Associated Press

FILE - In this Aug. 14, 2019, file photo two women walk into the JCPenney store in Peabody, Mass. J.C. Penney Co. reports earnings Friday, Nov. 15. (AP Photo/Charles Krupa, File)

JC Penney losses narrow, CEO tries to reinvigorate stores

By ANNE D’INNOCENZIO - Associated Press

Excerpts from recent South Dakota editorials

By The Associated Press - Associated Press

Customers walk out of a J.C. Penny department store in Dallas, in this Aug. 16, 2005, file photo. J.C. Penney said Friday, Feb. 24, 2017, that 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.(AP Photo/Matt Slocum)

J.C. Penney to close 13 to 14 percent of stores

By Anne D'Innocenzio - Associated Press

This undated photo provided by J.C. Penney shows the company's ad for its new xclusive lingerie collection in the U.S. with a partnership with Elle Macpherson, who along with Christy Turlington, Cindy Crawford and others became part of a new generation of supermodels in the 1980s. The collection will be in 300 of Penney’s 1,100 stores starting April 11, 2014. (AP Photo/ J.C. Penney)

Penney teams up with Elle Macpherson for lingerie

By ANNE D'INNOCENZIO - Associated Press

Martha Stewart arrives at court in New York on Tuesday, March 5, 2013, to testify in a suit filed by Macy's Inc. against Martha Stewart Living Omnimedia Inc. for breaching an exclusive contract when MSLO signed a deal with J.C. Penney Co. (AP Photo/Seth Wenig)

Martha Stewart denies wrongdoing in Penney deal

By Anne D'Innocenzio - Associated Press

Terry Lundgren (center), Macy's chairman, president and CEO, arrives at New York State Supreme Court in New York on Monday, Feb. 25, 2013, to testify in a trial that pits the department store chain against rival J.C. Penney Co. over a partnership with home diva Martha Stewart. (AP Photo/Seth Wenig)

Macy’s CEO testifies in fight with J.C. Penney over Martha Stewart

By Anne D'Innocenzio - The Washington Times

J.C. Penney is making an advertising push and bringing back discounts. (J.C. Penney via Associated Press)

J.C. Penney finds no sales leads to low sales

By Anne D’Innocenzio - Associated Press

J.C. Penney Co. reported a bigger-than-expected loss in the third quarter on plummeting sales as customers continue to reject the retailer’s decision to get rid of blockbuster sales and replace them with everyday low pricing. (Associated Press)

Struggling J.C. Penney’s biggest loser in S&P 500

By Anne D’Innocenzio - Associated Press

**FILE** Wesley Brooks, 7, of Huntsville, Ala., has his hair cut by Melinda Gilbert at the J.C. Penney styling salon in Huntsville, Ala., on Aug. 1, 2012. J.C. Penney is running a nationwide program giving kids ages 5-12 free back-to-school haircuts during the month of August. (Associated Press/The Huntsville Times)

J.C. Penney brings back free haircuts for kids

By Anne D'Innocenzio - Associated Press

A shopper pushes a trolley through the clearance section of a store in Chicago last month. During the recession, retailers used sales to lure cash-strapped Americans into stores. But that strategy has backfired. It has bred a group of deal junkies that won’t shop unless they see "70 percent" signs or clearance stickers. The discounts it takes to get them into stores eats at profits. (Associated Press)

Deal junkies hurt profits

By Anne D'Innocenzio - Associated Press

Economy Briefs: Michelin recalls 841K BFGoodrich, Uniroyal tires

By THE WASHINGTON TIMES

** FILE ** In this June 8, 2012, photo, Michele Crosta, a freelance fashion and wardrobe stylist, shops at J.C. Penney in New York. Six months after J.C. Penney got rid of the hundreds of sales it offers each year in favor of a three-tier pricing approach, the mid-priced department store chain is revamping its pricing strategy again. Among other changes, the blue "best price" signs will be eliminated, and "clearance" signs will be reintroduced. (AP Photo/Bebeto Matthews)

J.C. Penney tweaks pricing strategy again

By Mae Anderson - Associated Press

Economy Briefs: Penney cuts 600 workers, 13 percent of HQ staff

By THE WASHINGTON TIMES

** FILE ** In this Aug. 9, 2005, file photo, Chairman of Texas Instruments Thomas J Engibous shows a single-chip wafer designed and developed at TI's Bangalore development center, during a news conference in Bangalore, India. J.C. Penney Co.'s Myron E. Ullman III is stepping down as chairman and will be replaced by board member Engibous on Jan. 28, 2012. (AP Photo/Gautam Singh, File)

J.C. Penney gets rid of hundreds of sales

By Anne D'Innocenzio - Associated Press