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JC Penney Expanded 330 Basis Points to 36.4 Per Cent of Sales
May 20, 2015For the first fiscal quarter ended May 2, 2015 gross margin at US apparel retailer JC Penney expanded 330 basis points to 36.4 per cent of sales, compared to 33.1 per cent in the same quarter of last fiscal. JC Penney reported net ...
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Zumiez and Pacific Sunwear of California Raised Fourth-Quarter Guidance
Jan 20, 2015Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both ...
Tags: hard goods, footwear, Sporting Goods
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JC Penney Expands 710 BPS Over The Same Quarter of The Previous Fiscal Year for Q314
Nov 18, 2014For the third fiscal quarter of 2014, gross margin at apparel retailer JC Penney expanded 710 bps over the same quarter of the previous fiscal year. In the third quarter ending November 1, 2014, gross margin stood at 36.6 per cent of ...
Tags: apparel retailer, gross margin, Apparel
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JC Penney Revised Downwardly Comparable Store Sales for Q3
Oct 14, 2014Following dull September sales, US apparel retailer - JC Penney revised downwardly comparable store sales for the third quarter of 2014, which it now expects to be in the low-single digit range, compared to its original guidance of ...
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JC Penney Said It Reported a Third Consecutive Quarter of Growth
Aug 18, 2014In the fiscal second quarter ending August 2, 2014, apparel retailer JC Penney said it reported a third consecutive quarter of growth, while gross margin improved 640 basis points from same quarter last year and 290 basis points ...
Tags: JC Penney, Apparel, Accessories
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JC Penney Announced Financial Results for Its First Quarter Ended May 3, 2014
May 19, 2014J. C. Penney Company, Inc. announced financial results for its first quarter ended May 3, 2014. First Quarter Highlights: -Same store sales increase 6.2%, exceeding guidance; second consecutive quarter of growth -Gross margin ...
Tags: J.C.Penney
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J. C. Penney Announced That The Company Will Be Closing 33 Underperforming Stores
Jan 17, 2014J. C. Penney Company, Inc. announced that as part of its turnaround efforts, the Company will be closing 33 underperforming stores across the country in order to focus its resources on the Company's highest potential growth opportunities. ...
Tags: J.C.Penney, Gateway II, Myron E.(Mike)Ullman, Brooklyn, N.Y
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Baxter International Has Filed an Application to The US Food and Drug Administration
Dec 11, 2013Baxter International has filed an application to the US Food and Drug Administration (FDA) for a pediatric indication for Rixubis [Coagulation Factor IX (Recombinant)] to treat hemophilia B. The submission was based on a Phase II/III ...
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Baxter Has Submitted a Marketing Authorization Application to The EMA
Nov 4, 2013Baxter has submitted a marketing authorization application (MAA) to the European Medicines Agency (EMA) for approval of Rixubis, recombinant factor IX for the treatment and prophylaxis of bleeding in patients of all ages with hemophilia B. ...
Tags: Baxter, European Medicines Agency
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JC Penney Announced That Ronald W Tysoe Has Been Elected to The Board
Aug 15, 2013J. C. Penney Company, Inc. announced a series of actions related to its Board of Directors. First, William A. Ackman of Pershing Square Capital Management has resigned from the Board effective Aug. 12, 2013. The Company also announced ...
Tags: Retail Industry
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J. C. Penney Company, Inc. Announced The Appointment of Debra Berman
Aug 6, 2013J. C. Penney Company, Inc. announced the appointment of Debra Berman as senior vice president of marketing, effective Aug. 2. In this role, Berman will be responsible for leading the Company's marketing efforts with a focus on ...
Tags: J C Penney, Apparel
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Serotta, Blue Are Joining Mad Fiber Wheels Under The Umbrella of The Divine Cycling Group
Jun 21, 2013Serotta and Blue Competition Cycles are joining Mad Fiber Wheels under the umbrella of the Divine Cycling Group, an investment group formed last year. DCG bought Mad Fiber, its first industry acquisition, in February. Terms of the ...
Tags: Transportation, Cycling, Divine Cycling
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Mike Ullman Has Rejoined JCPenney as Chief Executive Officer
Apr 11, 2013PLANO, Texas - Former JCPenney chief Mike Ullman has rejoined the company as chief executive officer. The tenure of his successor, Ron Johnson, ended today. "While JCPenney has faced a difficult period, its legacy as a leader in American ...
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A Newly Formed Investment Group Has Purchased Carbon Wheel Manufacturer Mad Fiber
Mar 4, 2013A newly formed investment group has purchased carbon wheel manufacturer Mad Fiber, the first of several bike industry acquisitions it's eyeing in 2013. Divine Cycling Group was founded in January by Gary Ullman and Dan Devine, who, ...
Tags: investment group, carbon wheel manufacturer, Mad Fiber
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A Retail Copy of Office 2013 Is Permanently Tied to The First PC
Feb 20, 2013Microsoft yesterday confirmed that a retail copy of Office 2013 is permanently tied to the first PC on which it's installed, preventing customers from deleting the suite from one machine they own and installing it on another. The move is ...
Tags: Microsoft, PC, Microsoft customers