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J.C. Penney ad: 'What matters with mistakes is what we learn'
J.C. Penney is pleading publicly for its customers to come back to its stores, releasing a new commercial apologizing for a jumble of changes instituted by recently ousted chief executive Ron Johnson. The 30-second video went live on YouTube, Facebook...
Tags: Goldman Sachs Group, Inc., Social Media, Ron Johnson, Credit Ratings, Media Industry
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Allentown School District releases list of acceptable brands for school uniforms
Allentown School District has released a preliminary list of acceptable vendors and brands for school uniforms, including Dockers and Dickies and Walmart and Kmart. The list will continue to grow, according to the district, but the acceptable brands as...
Tags: Teaching and Learning, Allentown, Sears, Walmart, Kmart
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WRAPUP 5-EU considers trade action after Bangladesh factory collapse
Reuters* EU considers action on Bangladesh, including trade preferences * Rescuers give up hope of finding any more alive; death toll 411 * Protest march calls for death penalty By Ruma Paul DHAKA, May 1 (Reuters) - The European Union is considering trade...Tags: Career and Workplace, Sears Canada Inc., Politics, Work Rules Contract Issues, International Organizations
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J.C. Penney takes to social media to ask shoppers to come back
ReutersBy Phil Wahba May 1 (Reuters) - J.C. Penney Co Inc, recognizing it made mistakes in its attempt to re-invent itself last year, launched a social media and television campaign on Wednesday that asked shoppers who left in droves to come back. Last year,...Tags: Social Media, Ron Johnson, Thomson Corporation, Media Industry
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WRAPUP 2-EU considers trade action after Bangladesh factory collapse
Reuters* EU considers action on Bangladesh, including trade preferences * Rescuers give up hope of finding any more alive; death toll 402 * Protest march calls for death penalty * International union, Western retailers to fund safety inspections May 1...Tags: Death Penalty, Sears Canada Inc., Plant Openings, Politics, Standards
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Macy's, J.C. Penney in court after talks on Martha Stewart wares fail
This post has been updated. See the note below for details.Macy’s Inc. and J.C. Penney Co. Inc. are back in court Monday after a month-long mediation effort in their dispute over Martha Stewart merchandise appeared to have failed. The department store chains are tussling over the rights to sell the...Tags: Macy's, Martha Stewart Living Omnimedia Inc., Thomson Corporation
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Web's creative retail destruction has room to run
Reuters(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Robert Cyran NEW YORK, April 30 (Reuters Breakingviews) - The Internet is the economy's version of the Hindu deity Shiva - destroying multitudes of companies and...Tags: E-Commerce Industry, Sears, Zappos.com, Computing and Information Technology Industry, Luxottica Group SpA
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Wall Street sube por Italia y datos del sector inmobiliario en EEUU
ReutersPor Angela Moon NUEVA YORK, 29 abr (Reuters) - Las acciones estadounidenses subían el lunes, apoyadas por las noticias sobre la formación de un Gobierno en Italia que puso fin a dos meses de incertidumbre política, lo que aumentó el apetito por...Tags: Goldman Sachs Group, Inc., S&P 500, Stock Market, NASDAQ, Nasdaq Composite
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Penney lines up five-year, $1.75 billion loan from Goldman
ReutersApril 29 (Reuters) - J.C. Penney Co Inc on Monday said Goldman Sachs Group Inc will provide it with a five-year, $1.75 billion financing package, the latest move by the retailer to shore up its finances. The senior secured term loan facility, backed by...Tags: Goldman Sachs Group, Inc., Finance, Economy, Business and Finance
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STOCKS NEWS US-Total option open interest stands at 4.86 mln contracts
ReutersReal-time equity news U.S. stock market report 0912 ET 29April2013 Total option open interest stands at 4.86 mln contracts -------------------------------------------------------------------------------- A total of 14.8 million contracts changed hands...Tags: Banking, Occidental Petroleum Corp., Facebook, Petroleum Industry, Pitney Bowes Incorporated
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J.C. Penney secures $1.75-billion loan
J.C. Penney acquired a five-year $1.75 billion loan from Goldman Sachs as the struggling company looks to strengthen its finances. The news came about two weeks after J.C. Penney announced it had drawn $850 million from a $1.85 billion credit line....
Tags: Goldman Sachs Group, Inc., Finance, Economy, Business and Finance, Ron Johnson
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Market Chatter-Corporate finance press digest
ReutersApril 29 (Reuters) - The following corporate finance-related stories were reported by media over the weekend and on Monday: * A proposed merger of Valeant Pharmaceuticals International Inc and Actavis Inc was put on hold after the two drugmakers...Tags: Goldman Sachs Group, Inc., MBIA Incorporated, Economy, Business and Finance, Real Estate Buyers, Russia
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May 1, 2013
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Apr 28, 2013
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