JC Penney ousted its embattled CEO Ron Johnson and replaced him with someone investors are all too familiar with: former JCP CEO Myron Ullman. FORTUNE -- JC Penney's year of living dangerously is over. Once known for its middle-America, mainstream...
J.C. Penney is honing in on its home department as part of a bigger plan to turn its stores into mini-malls of sorts.
The struggling department-store chain is unveiling revamped home areas within its stores that feature 20 boutiques that highlight 50 new brands. The areas will include an eclectic mix of items, from $60 Michael Graves' stainless steel teakettles to $1,850 Jonathan Adler Happy Chic sofas.
The home areas, which Penney will begin to roll out Friday at 500 of its 1,100 stores, will test CEO Ron Johnson's plan
Macy's escalated its legal battle over its agreement to sell certain Martha Stewart products exclusively, filing a lawsuit on Thursday against J. C. Penney that accused the rival department store chain of interfering with its contract with the home goods designer.
In an earlier lawsuit against Martha Stewart, Macy's has already persuaded a New York state judge to temporarily block plans for Martha Stewart Living Omnimedia to sell its products at J. C. Penney stores.
The lawsuit filed in New York State Supreme Court on Thursday against J. C. Penney
J.C. Penney Co. is not renewing its contract with Chris Madden, whose housewares business designs bedding, window treatments and a host of other products for the Plano-based retailer.
The housewares designer told the that her eight-year contract with the retailer ends soon and she is exploring all of her options, including moving her brand to other retailers and selling her business.
Macy's Inc. says Friday it has won a preliminary block against Martha Stewart Living Omnimedia Inc. selling some of its products at J.C. Penney.
Department-store chain Macy's sued Martha Stewart Living in January in a bid to stop a licensing deal between the housewares company and J.C. Penney.
Macy's had claimed Martha Stewart's deal with Penney violates the terms of an exclusive pact Macy's has to sell Martha Stewart-branded products at its stores
Oh no, Apple. If you start to sell out of big-box stores again, you'll cheapen your brand. Don't let the iPad suffer the same fate as Calvin Klein jeans. That was my first thought last month when I heard that Apple plans to create Apple boutiques within some Target stores and supply the merchant with even more gadgets and gear to sell. Then, last week, 9to5Mac reported that Apple was considering whether to do something similar in Sam's Club.
There's no mistaking what's going on. Apple continues to increase its presence in mass-market retailers
eBay is preparing to amplify its attack on a proposed law that would usher in sales taxes on Internet shopping, CNET has learned.
The online auctioneer plans to tell a congressional panel considering the legislation tomorrow that the measure would merely consolidate the market power of Amazon.com and the largest big box retailers while putting eBay's small sellers out of business.
In fact, says Tod Cohen, eBay's deputy general counsel, online retailers with less than $10 million in sales--eBay sellers, in other words--have seen their share of electronic commerce fall from 31 percent in 2008 to 19 percent in 2010.
The direct marketing company Harte-Hanks last month was named “Supply Chain Provider of the Year” by JCPenney, at an event at which the retailer recognized its vendors and suppliers. Harte-Hanks performs such services as delivery of direct mail to the U.S. Postal Service, as well as delivery of circulars into numerous newspapers. In the presentation, JCPenney recognized Harte-Hanks as being “easy to do business with,” while also recognizing their problem-solving ability. “Optimizing supply chains is our mandate, and having JCPenney – a thriving retail brand – validate our work is humbling,” said Robert Colucci, a orporate officer and vice president of Harte-Hanks.
Merchandise Codes: ATV-M Electronics/appliance stores (multi-regional) ATV-R Electronics/appliance stores (regional) EO Electronics only DG Drug store DS Department store HO Office supply store MM Mass merchant PC Computer retailer PX Military exchanges SOF Software store TOY Toy store WC Warehouse club Channel Codes: Web Internet sales +Web Selling via Internet in addition to physical storefronts MO Mail-order/catalog sales +MO/Web Selling via mail-order and Internet, in addition to physical storefronts TV Television sales No channel code implies state via physical storefronts only. All are Dealerscope estimates. Sales estimates represent U.S. and Canada consumer sales. All store counts represent U.S. and Canada locations. See methodology note, opposite page. Top Retailers: Online/Catalogue 1. Dell 2. CDW 3. Amazon.com 4. Gateway 5. Systemax/Tiger Direct 6.