JCPenney news and archive

Michael Fernandez to lead wholesale operations at Catalyst Brands

Catalyst Brands, the company formed by the combination of JCPenney and the former SPARC Group, has named Michael Fernandez as its new chief wholesale and business development officer. In this role, Fernandez will oversee all of the company's wholesale operations, both domestically and internationally, as well as business-to-business and...

Fashion

JCPenney launches exclusive baby apparel collection with Proudly

Department store chain JCPenney has partnered with the co-founders of baby care brand Proudly, award-winning actress, NBA Hall of Famer, and entrepreneurs Gabrielle Union, and Dwyane Wade, to create an exclusive line of baby apparel. Marking Proudly's first foray into baby apparel, the collection features high-quality, thoughtfully designed...

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Business

JCPenney and Sparc Group merge portfolios to form Catalyst Brands

JCPenney and Sparc Group have merged to form a new organization, Catalyst Brands, creating a portfolio of six retail banners. The combined group was formed in an all-equity transaction between JCPenney and Sparc Group, with shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein. The company said in a release...

Retail|Beauty

JCPenney unveils exclusive salon experience with Larry Sims

American retailer JCPenney has launched an exclusive salon experience with celebrity hairstylist Larry Sims based on popular hairstyles worn by actress Gabrielle Union on the red carpet. The ‘SimStyled’ experience will be available from November 18 at select JCPenney salons in the Los Angeles and San Diego markets. It will offer a curated...

Fashion |Beauty

Messi launches debut fragrance

Footballing superstar Leo Messi has unveiled his debut fragrance, Messi Eau de Parfum, which will distributed by beauty industry leader Sheralven in the US exclusively in JCPenney. Developed with globally sourced ingredients, the scent features top notes of cardamom and wild cypress, contrasted by warm notes of leather and cedarwood with hints...

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Fashion

JCPenney launches new limited-edition wheelchair adaptive collection at NYFW

Department store chain JCPenney has launched a new, limited-edition collection of adaptive apparel for women who use wheelchairs. The Jamey Perry for JCPenney debuted today during New York Fashion Week at the ‘Runway of Dreams’ Fashion Revolution show and sees the department store expand its adaptive apparel offering. The new collection,...

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Management|Beauty

Rare Beauty Brands teams up with JCPenney for beauty accelerator

Rare Beauty Brands, the parent company behind Patchology and Dr. Dana, has partnered with American retailer J.C. Penney to bring opportunity and capital to Black and Brown female-identifying founders in the beauty industry with its relaunched beauty accelerator. The Lift Beauty Accelerator, which has been rebranded this year, aims to empower...

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JCPenney reveals 40 Million dollars investment in supply chain upgrades

Department store chain JCPenney has revealed a 40 million USD upgrade to its 1.67 million square foot distribution center in Reno, Nevada. The upgrade is part of the retailer's 1 billion USD self-funded reinvestment strategy introduced last year. The strategy aims to improve equipment and infrastructure to boost order efficiency and speed for...

Retail

JCPenney launches new loyalty program to incentivize shoppers

US department store chain JCPenney has launched a new loyalty program to incentivize shoppers. The new rewards and credit program, part of JCPenney’s 1 billion USD reinvestment plan to improve customer experience and operational efficiencies, offers double the rate at which reward members earn points. “We want every trip to JCPenney to be...

Retail

JCPenney to provide free headshots for customers to help them succeed

Department store chain JCPenney has launched a new limited-time offer to its customers with the aim of helping them pursue their dream careers. Together with JCPenney Portraits by Lifetouch, the department store is offering 3,000 customers free professional headshots. “At JCPenney, we are committed to serving America’s diverse, working families....

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JCPenney Q3 sales take hit, losses widen

US department store chain JCPenney reported a 10.7 percent drop in net sales for the third quarter of the year, taking it to 1.5 billion dollars, while losses for the retailer widened. The company’s revenue took a 11.1 percent hit, dropping dramatically to 1.6 billion dollars, largely driven by an 18.8 percent decline in credit card revenues....

Retail

JCPenney's ‘The WorkShop’ collection honors first responders

US department store chain JCPenney seeks to commemorate first responders' resilience and bravery ahead of National First Responders on October 28 through the launch of a special curated collection. Named The WorkShop, the collection features a broad assortment of JCPenney’s highest-rated and most durable products for men and women from brands...