Michael Graves

Michael Graves

• Correction: JC Penney-Home Department story

  In a story June 7 about J.C. Penney's new home department, The Associated Press reported erroneously Ordning & Reda is a U.K. firm. In fact, it is ... 

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  J.C. Penney posts bigger 1Q loss than expected

  The legacy of J.C. Penney's former CEO is being felt at the department-store chain. Penney on Thursday reported that it widened its loss in the first ... 

• J.C. Penney job No. 1: Calming vendors

  As J.C. Penney Co. burns through its cash after a disastrous turnaround plan and taps almost half of its credit line, the flailing department store ... 

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  JC Penney looks to old CEO to secure its future

  J.C. Penney is hoping its former CEO can revive the retailer after a risky turnaround strategy backfired and led to massive losses and steep sales ... 

• Trial over Martha Stewart brand resumes

  Attorneys for J.C Penney and Macy's were back in court Monday to fight over the Martha Stewart brand after a monthlong mediation period went nowhere. 

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  Is home where the profit is?

  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 ... 

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  JC Penney posts 4th straight big loss, sales drop

  Boy, it just wasn't J.C. Penney's year. The mid-priced department store chain reported another much larger-than-expected loss in the fiscal fourth ... 

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  Macy, Penney to spar in court over Martha Stewart

  Let the pots and pans fly. Two of the nation's biggest department stores — J.C. Penney and Macy's —began to duke it out in New York State Supreme ...