I have a line of clothing at J.C. Penney's... and I'm lucky to be affiliated.
Quotes about penneys (7 Quotes)
The Chris Madden collection has been doing very well. She's helped spruce up Penney's home offerings. Having the Madden designer brand in its stores has given Penney much-needed credibility, especially with the younger, trend-conscious consumers.
Penney offered a benign set of comments about Eckerd. While its department stores are doing a little better, Eckerd is deteriorating. The speculation is that Penney's first choice is to sell its drugstore business.
While management will likely continue to guide conservatively, we expect 2006 outlook will be at least in-line with (analysts' consensus estimate of) 4.18. JC Penney's stepped up branding campaign, which kicks off March 2 and includes a temporary NY store, should drive some sales and more importantly position them for market share gains as industry rationalization frees up share.
Those middle-60 dollars will be spent probably at Target, Penneys and Sears. Theyre not competing with Meier Frank, Chicos or somebody like that.
I left Penney's in 1969 to join the Nixon administration and I didn't come to the Senate until 1992, but I brought with me a residual understanding of retailing and retailing issues. That expertise was helpful and I did some things, frankly, that were helpful to the J. C. Penney Co. If it's good public policy, the fact that I brought that experience and expertise with me probably contributed to it.
I think she's dead in the water. Prior to the case, she could have gotten anybody, Target, J.C. Penney's, Kohl's, ... I think any one of them would have wanted her (if) she replaces Kmart. But where are you going to put the product