PLANO, Texas – (July 21, 2015) – In today’s fashion world, no one size or trend fits all. This back-to-school season, JCPenney is giving kids and teens the opportunity to define their personal style by mixing up the latest trends and creating a look that’s uniquely theirs. “Bend the Trend” is the inspiration behind the Company’s back-to-school campaign that empowers kids to express their personality with diverse looks. Whether it’s preppy, frilly...
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PLANO, Texas – (July 21, 2015) – J. C. Penney Company, Inc. (NYSE:JCP) today announced that Mandy Ginsberg, an accomplished leader with extensive online consumer acumen, has been elected to its board of directors. Ginsberg is the chief executive officer of The Princeton Review, a leading test preparation company that helps millions of students get into their dream schools, and Tutor.com, the world’s largest internet-based tutoring company that provides live, on-demand learning...
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PLANO, Texas – (June 18, 2015) – J. C. Penney Company, Inc. (NYSE: JCP) today announced that Marvin Ellison, President and CEO-Designee, will present at the Oppenheimer Consumer Conference in Boston, Mass. on June 23, 2015. The presentation, which will be available via webcast, is scheduled for approximately 30 minutes starting at 1:05 pm ET. The live webcast may be accessed via JCPenney's Investor Relations page at ir.jcpenney.com. Replays of the webcast will be available after the...
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New York, NY – (June 16, 2015) – Good Housekeeping announced today that JCPenney has become the first retailer to earn a Green Good Housekeeping Seal in the Textiles category for the Royal Velvet® Egyptian Cotton Solid Bath Towel. The Green Good Housekeeping Seal was introduced in 2009 to help consumers sift through the thousands of "green" claims on products and make more environmentally responsible choices. In the Good Housekeeping Institute's evaluation of the JCPenney...
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PLANO, Texas (June 12, 2015) – In accordance with the New York Stock Exchange rules regarding equity inducement awards, J. C. Penney Company, Inc. (NYSE: JCP) announced that on June 11, 2015, an equity inducement award of 78,358 stock options and 31,437 restricted stock units (RSUs) was granted to Andrew Drexler, the Company’s Senior Vice President, Chief Accounting Officer and Controller, in connection with the commencement of his employment. The Company previously disclosed this...
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PLANO, Texas – (June 8, 2015) – J. C. Penney Company, Inc. (NYSE: JCP) today announced that Myron E. (Mike) Ullman III, Chief Executive Officer, and Marvin Ellison, President and CEO-Designee, will present at the Piper Jaffray Consumer Conference in New York, New York on June 10, 2015. The presentation, which will be available via webcast, is scheduled for approximately 30 minutes starting at 12:15 pm ET. The live webcast may be accessed via JCPenney's Investor Relations page at...
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PLANO, Texas – (May 13, 2015) – J. C. Penney Company, Inc. (NYSE: JCP) today announced financial results for its first quarter ended May 2, 2015. For the first quarter, JCPenney reported net sales of $2.86 billion compared to $2.80 billion in the first quarter of 2014. Same store sales increased 3.4 % for the period. Myron E. (Mike) Ullman, III, chief executive officer said, "We are pleased with the Company's solid performance this quarter across all key metrics including sales,...
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PLANO, Texas – (May 5, 2015) – J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its first quarter 2015 financial results on Wednesday, May 13, at 4:00 p.m. ET. The news release will be followed by a live conference call and webcast conducted by Chief Executive Officer Mike Ullman, President and CEO-Designee Marvin Ellison and Chief Financial Officer Ed Record that will begin at 4:30 p.m. ET. To access the conference call, please dial (877) 546-5021, or...
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PLANO, Texas – (April 29, 2015) – Beauty enthusiasts in markets across the country will soon have even more choices when shopping for makeup, skincare, fragrance and accessory products. Starting May 1, JCPenney will introduce SEPHORA to 25 additional stores, enabling the global beauty retailer to enter new and smaller markets, while expanding JCPenney's reach as a premier destination for beauty. Since the exclusive partnership launched in 2006, more than 500 JCPenney stores now...
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PLANO, Texas (April 28, 2015) – J. C. Penney Company, Inc. (NYSE:JCP) today announced that Mary Beth West, a highly accomplished consumer marketing executive, will join the Company's executive leadership team as executive vice president and chief customer and marketing officer effective June 1, 2015. She will be stepping down from her position on its Board of Directors to assume this new role. West has been a member of the JCPenney Board of Directors since 2005 and has served in...
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PLANO, TX – (April 23, 2015) – JCPenney and its newest brand partner, actress Eva Longoria, have teamed up this spring to launch an exclusive new bedding collection in over 100 JCPenney stores and on jcpenney.com starting today. Eva Longoria Home™ offers a line of comforter sets, decorative pillows and window treatments featuring an elegant mix of prints and finishes. “Partnering with Eva Longoria is such a natural fit for JCPenney. She is known for her classic style...
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PLANO, Texas (April 16, 2015) – J. C. Penney Company, Inc. (NYSE:JCP) was recently named one of America’s Best Employers for 2015 according to an independent study organized by Forbes and Statista.com. The survey anonymously questioned 20,000 Americans on whether they would recommend their employer to potential employees, and was conducted through a variety of anonymous online panels. “We’re proud to be named one of America’s best employers – a designation...
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PLANO, TX – (April 6, 2015) – Since 2014, more than 75 JCPenney home products have earned the prestigious Good Housekeeping Seal, the most of any other retailer. From curtains to bedding to cookware and small electrics, the Seal can be found in over a dozen home categories on private brand products including Royal Velvet®, Cooks™, JCPenney Home™ and Liz Claiborne® Home. The most recent JCPenney recipients of the Seal include the newly launched Royal Velvet Signature Soft...
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PLANO, Texas (March 18, 2015) – J. C. Penney Company, Inc. (NYSE:JCP) today announced that Kent B. Foster will retire from its Board of Directors at the end of his term, which concludes on May 15, 2015, at the Company’s Annual Meeting of Stockholders. Foster is a former chairman of Ingram Micro Inc., and also served as president and vice chairman of the board at GTE Corporation. Foster joined the JCPenney Board of Directors in August 1998, and initially chaired the audit committee. He...
PLANO, Texas – (March 2, 2015) – With spring just around the corner, JCPenney is replacing cozy winter wear with a fresh arrangement of spring fashion, sandals and accessories that epitomize the season’s most coveted looks. The Company is showcasing spring style in both new and beloved brands, while revealing an updated assortment of shoes, handbags and accessories that will entice weather weary shoppers on the hunt for this season’s most wearable trends. “This...
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PLANO, TX – (Feb. 19, 2015) – JCPenney will leverage the biggest night in fashion to kick off its spring campaign by premiering seven commercials during the 87th annual Academy Awards® on Feb. 22. Featuring beautiful fashion sketches brought to life, the commercials will spotlight the Company’s assortment of women’s, men’s and home brands found at JCPenney. For 14 consecutive years, JCPenney has been the official retail sponsor of this star-studded event and has used this glamorous...
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• Gross margin improved 540 basis points for the fourth quarter and full year • SG&A savings of $121 million; 210 basis points improvement for the year • Positive free cash flow of $57 million for the year, a $2.8 billion improvement PLANO, Texas – (Feb. 26, 2015) – J. C. Penney Company, Inc. (NYSE: JCP) today announced financial results for its fiscal fourth quarter and full year ended Jan. 31, 2015. Comparable store sales grew 4.4 percent for both the fourth quarter and...
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PLANO, TX – (Feb. 11, 2015) – JCPenney today announced that it has introduced a special line of products to celebrate the release of Disney’s “Cinderella,” a live-action feature film inspired by the classic fairy tale. The retailer will also support the collaboration with a fully integrated marketing campaign that includes a dedicated commercial premiering during the Academy Awards®. Drawing inspiration from the new live-action feature film...
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PLANO, Texas – (Feb 10, 2015) – J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its fourth quarter and full year 2014 financial results on Thursday, February 26 at 4:00 p.m. ET. This will be followed by a live conference call and webcast conducted by Chief Executive Officer Mike Ullman, President and CEO-Designee Marvin Ellison and Chief Financial Officer Ed Record that will begin at 4:30 p.m. ET. To access the conference call, please dial (877)...
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PLANO, TX – (Feb. 10, 2015) – JCPenney announced today the launch of the first-ever product line from Epicurious. Recently re-launched as the first-ever food utility, Epicurious.com offers over 26 million consumers a highly curated recipe database, informative how-to videos, product recommendations and now, its very own product line. Through a unique collaboration with Condé Nast, this new line of Epicurious® cookware is now exclusively available on jcpenney.com and will be...
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PLANO, Texas – (Feb. 5, 2015) – In a move to boldly reinvent 850 salons across the country, JCPenney announced an exclusive collaboration with the editors of InStyle® to launch a modern, cutting-edge salon concept called The Salon by InStyle. The Company will begin its salon transformation by piloting 15 locations this summer before implementing a nationwide rebranding in 2016. The Salon by InStyle concept will deliver a superior approach to professional hair care that resonates...
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PLANO, Texas – (Jan. 6, 2015) – J. C. Penney Company, Inc. (NYSE: JCP) today provided a preliminary update on the Company’s performance for the combined nine-week November and December period. The Company reported comparable store sales growth of 3.7 percent over the same period last year. “Our highest priority over the last year has been to restore profitable sales growth at JCPenney. This holiday season was instrumental in that effort – and our teams...
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