Struggling J.c. Penney Fires Its President

MARIA HALKIAS, Dallas Morning News: World
Tue, 06/19/2012 - 4:58am

Struggling J.C. Penney fires its president

Sections: news business

2 judges on New Zealand's 'X Factor' removed for 'bullying'
Husband and wife "X Factor" judges Natalia Kills and Willy Moon have been removed from the New Zealand version of the show after their comments on a contestant were seen as bullying.... More
Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
Sears Didn't Move Fast Enough, CEO Says
Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
J.C. Penney ad apologizes to customers
The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
Discover Pushes PayPal Payments; First Data Holds Out
Discover makes headway in bringing eBay's online-payments service to physical retailers, but First Data, one of the country's largest merchant processors, has opted not to support the service. More

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