Topic: J.C. Penney Co. Inc.
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J.C. Penney: $1.75B loan coming from Goldman Sachs
J.C. Penney: $1.75B loan helps lift J.C. Penney share prices on Monday. Goldman Sachs is behind the $1.75B loan, and George Soros bought a major stake in the retailer last week.
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Global News Blog After Dhaka garment factory collapse, chances for supply chain changes low
A factory collapse in Bangladesh left some 300 dead, and prompted calls for improved regulations of the country's sweatshops. But veteran campaigners to improve factory conditions say pushing for change is harder than ever.
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Stocks stall on tepid GDP growth
Stocks stalled Friday after GDP didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors. Weaker hiring reports have also held stocks back.
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Saving Money Tablet checkout is more convenient, but could it lead to overspending?
A growing number of stores are moving away from cash registers to check out shoppers on tablets, often while roaming the store. It's more convenient, but could it pressure customers into making purchases when they aren't quite ready?
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J.C. Penney borrows $850 million: Is it enough?
J.C. Penney has pulled $850 million from its revolving credit line to be able to pay its vendors, increasingly skittish after J.C. Penney's failed attempts at a turnaround.
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Martha Stewart ruling: What it means for Macy's
Martha Stewart's lawyers tried to get the lawsuit thrown out, but today's ruling says no: Macy's case against Martha Stewart will proceed.
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JCPenney ousts CEO: Is it too late for the company?
JCPenney has fired CEO Ron Johnson after 17 months, following a disastrous 'no sales' pricing scheme and a muddled rebranding effort. As JCPenney struggles to curb losses and keep up with competitors, is the end near for the 111-year-old retailer?
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J.C. Penney hopes home is where the profits are
J.C. Penney is continuing its image overhaul, this time by focusing on the home department. It is transforming stores into "mini-malls" featuring boutique brand names.
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Saving Money Can JCPenney bounce back from its 'no sales' misfire?
JCPenney's 'no sales' gimmick didn't work out, to say the least. Now, JCPenney is looking for a fresh start with designer collaborations – and so far, things are looking up.
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Retail sales rise. Shoppers unfazed by payroll tax hike.
Retail sales rose 1.1 percent in January, despite worries that the expiring payroll tax and high gas prices would curb spending. Is the rise in retail sales a sign of more sustained economic growth?
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NBC and 'SNL' targeted over Jesus skit. Do such ad boycotts work?
Sears is taking steps to keep its ads off online rebroadcasts of the 'Saturday Night Live' skit, after a conservative Christian group complained. Such ad boycotts do have effects, say media analysts – but not usually the intended one.
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Martha Stewart: J.C. Penney deal didn't violate Macy's contract (+video)
Home decorating and cooking expert Martha Stewart testified that striking a deal with J.C. Penney did not breach her contract to sell her home decor line exclusively at Macy's.
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Stocks fade as Dow nears, then pulls away from record
Stocks closed lower Thursday with the Dow easing back from its highest level of the year. The day started with stocks plodding along indecisively, before sending stock investors on a whipsaw day
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JCPenney shares plunge after 'no sales' bust
JCPenney stock plunged nearly 20 percent after the chain reported its fourth straight massive quarterly earnings loss. The JCPenney stock loss is a a sign that efforts to turn the struggling retailer around have been an outright failure.
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Saving Money Presidents' Day sales: Look for new deals throughout the weekend
Presidents' Day sales have already begun on a wide array of items, including mattresses, home goods, and clothing. But keep an eye out for more Presidents' Day sales to be announced throughout the weekend.
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Sales back at J.C. Penney: Can they recover from their marketing fumble?
Only a year after swearing off sales, J.C. Penney is bringing them back. J.C. Penney used to run some 600 sales each year, but isn't saying how many are coming back.
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Saving Money Cupboard bare? Five great deals on kitchen tools.
During your holiday entertaining, you may have found your kitchen wanting. Fix that with these great deals on appliances, cutlery, and more.
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Saving Money Warehouse store showdown: Should you join Costco, Sam's Club, or BJ's?
Membership in warehouse stores can save consumers big. But among the big three – BJ's, Sam's Club, and Costco – which one is right for you?
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Mattel and Hasbro 'terrified': Do kids want gadgets more than toys?
Mattel and Hasbro terrified that kids will want toys less next year, according to reports. Hot toys did well this Christmas, but retailers in general saw less growth than expected.
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Are 'fiscal cliff' woes killing Christmas sales?
In last weekend before Christmas, traditionally a strong sales period, shoppers cite worries over taxes and so-so discounts as reasons to rein in spending. Experts warn of ho-hum holiday sales.
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Saving Money Slow shopper? Avoid these stores.
Finding great deals on gifts is important,but so is ensuring they arrive in tome for the holidays. If you procrastinate on your holiday shopping, steer clear of these retailers with shipping policies that will cut it close to Christmas.
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Fearing 'cliff,' investors finish brutal week
Wall Street finished one of the worst weeks of the year Friday, pushing Washington to work out a deal to avoid the tax increases and government spending cuts.
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Walmart Black Friday starts 8 p.m. Thanksgiving. Should you shop that early?
Walmart is moving the start of its Black Friday sale up two hours, to 8 p.m. Walmart's early start could mean that Thanksgiving Day is poised to become a major shopping holiday in its own right.
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Pride-themed, Rainbow-colored Oreo stirs up more than milk
Rainbow-colored Oreo featured in an ad on the Oreo Facebook page have elicited strong reactions around the web, both positive and negative. The photoshopped image of the Rainbow-colored Oreo was created in honor of LGBT Pride month, celebrated in June.
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J.C. Penney stock tumbles after president's exit
J.C. Penney stock tumbled Tuesday after the sudden exit of Michael Francis, who was brought in last October to help redefine the department store's brand. J.C. Penney stock fell 10.1 percent by midday Tuesday, nearing its lowest levels in two years.
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