If you’re from the Midwest, you know it’s customary to respond to a compliment on your outfit with an effusive “Thank you so ...

JCPENNEY CEO SAYS COMPANY FOCUSED ON AMERICAN WORKING FAMILIES AS ECONOMY WEIGHS ON CONSUMERS' WALLETS The company said the closures weren't related to its merger with SPARC Group, the parent of ...

It now heads to the full Senate for a final vote. Republican Sen. Ron Johnson of Wisconsin sits on that committee and discussed the hearings with Geoff Bennett. Well, as we have reported ...

Former J.C. Penney CEO Marc Rosen is Catalyst’s chief executive officer. In its most recent quarter, the department store’s net sales fell 8% to $1.4 billion and EBITDA plunged nearly 64% to $ ...

A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020. The ...

JCPenney will close eight stores by mid-year. The company says the closures are not tied to the Catalyst Brands merger. JCPenney has struggled financially since emerging from bankruptcy in 2020 ...

Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store revealed it would be shuttering eight out of 650 stores in 2025.

He’ll begin this new role on March 12. He will succeed George Oliver, who has been CEO of Johnson Controls for the past seven years. Oliver lead ...

The story of Ron Vachris is an aspirational one. After starting his career in the 1980s as a forklift driver, he worked his way up to become Costco's CEO and president, guiding the wholesaler ...