RETAIL
Tax break could make Mall of America bigger
ST. PAUL — A $250 million tax break passed in the closing minutes of the legislative session is expected to resurrect expansion plans at the Mall of America.
By Associated Press , May 22, 2013
Final customers find 99 percent off bargains as Jamestown Kmart closes
JAMESTOWN, N.D. - During the last hours of the Jamestown Kmart, prices fell to 99 percent as customers hunted over the few shelves that still contained makeup, clothing and miscellaneous odds and ends.
By Kari Lucin, Forum News Service , May 20, 2013
J.C. Penney spent $170 million to install Johnson executive team 
Ron Johnson's tenure at J.C. Penney Co. will long be associated with a 25 percent sales plunge. Lost amid the criticism since his departure last month is the $170 million it cost to install Johnson and his top three executives.
By Bloomberg News , May 03, 2013
VIDEO: J.C. Penney apologizes in TV spot
NEW YORK — J.C. Penney Co. is apologizing. The department-store chain plans to air a television commercial this week — in time for Mother's Day — that says it made mistakes and asks former customers to come back.
By Bloomberg News , May 01, 2013
Senate bill jeopardizes tax-free online shopping
WASHINGTON — States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the Senate Monday.
By Associated Press , April 22, 2013
J.C. Penney taps $850M as CEO Ullman seeks cash
NEW YORK – J.C. Penney Co. drew $850 million from its revolving credit facility as new Chief Executive Officer Myron Ullman hunts for cash in the wake of his predecessor’s failed overhaul.
By Matt Townsend, Bloomberg News , April 15, 2013
Retail sales point to flagging economic momentum
WASHINGTON - Retail sales contracted in March for the second time in three months and consumer confidence tumbled in April, a sign tax hikes early this year stole momentum from the economy.
By Reuters , April 12, 2013
Penney CEO's challenge: Can it be fixed?
NEW YORK — There won't be an easy fix for J.C. Penney — if it can be fixed at all. As Mike Ullman takes the reins again less than two years after his departure, he faces a Herculean task to undo the mess left by CEO Ron Johnson, who was ousted Monday.
By Associated Press , April 09, 2013
JC Penney ousts CEO Ron Johnson after turnaround strategy fails
NEW YORK — J.C. Penney's board of directors has ousted CEO Ron Johnson after only 17 months on the job as a risky turnaround strategy backfired and led to massive losses and steep sales drops.
By Associated Press , April 08, 2013
Target apologizes for label on plus-sized dress
NEW YORK — Shoppers at a Target store in Brooklyn say a label that listed the color of a plus-size dress as "manatee gray" was insulting.
By Associated Press , April 05, 2013
Is home where the profit is? J.C. Penney hopes so
NEW YORK — 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.
By Associated Press , April 01, 2013
West Acres Shopping Center hires property manager
FARGO – West Acres has named a new property manager to replace Rusty Papachek, who is leaving at the end of March after 14 years with the shopping center.
By Dave Olson , March 12, 2013
Ads out of closet, into mainstream with gay themes
NEW YORK — A new TV commercial features a good-looking young woman on a beach vacation lounging next to a good-looking young man. He bemoans the glare on his iPad and she fills him in on the Kindle Paperwhite's sun-friendly screen.
By Associated Press , March 06, 2013
Martha Stewart denies wrongdoing in Penney deal
NEW YORK — Home diva Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of J.C. Penney's stores across the country.
By Associated Press , March 05, 2013
JC Penney could wind up with empty shelves
NEW YORK — J.C. Penney, which is struggling with big losses and steep sales declines, could face another challenge: empty shelves.
By Associated Press , March 04, 2013
View your ad here! Cost effective targeted advertising.
Contextual advertising starting as low as $79/month. This includes targeted ad delivery and search results!
Add your business to the Marketplace »
RSS Feeds