J C Penney (NYSE:JCP) Pulls Down Racist Display After Outcry

J C Penney (NYSE:JCP) has removed a racist display from one of its malls in Sioux City, Iowa, following a social media outcry. The firm came under fire after an Iowa resident Michelle Free-LaMere posted a video and photo of several mannequins in the Iowa store wearing ‘Tribe-themed t-shirts’ with different racist inscriptions. According to […]

JC Penney Company Inc (NYSE:JCP) Expands Its Business To Home Services

JC Penney Company Inc (NYSE:JCP) reported on Monday that it is launching Home Services program. This is in a mission to take advantage of the “strong housing market”. The program is going by the name JC Penny Home Services. Details of the project This comes when homeowners are increasingly investing a greater percentage of their […]

J C Penney Company Inc (NYSE:JCP) Eliminating Positions At Its Corporate Headquarters

J C Penney Company Inc (NYSE:JCP) announced laying off an undisclosed number of corporate employees, after the announcement that it plans to shutter up to 140 stores, last month. And since they’ll be opening in fewer locations, it became necessary to adjust the staff relative to the company’s store portfolio, as per Joey Thomas, J.C. […]

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