Penney’s portfolio of private brands is undergoing transformation and crucial to a turnaround.

The department store chain agreed this week to sell its retail operations to stay in business.

The retailer’s advisers said at a remote bankruptcy hearing Saturday that the retailer was here to stay and needed to quickly restructure.

Penney’s has been meeting its financial obligations but its future is uncertain.

Penney’s has been recasting its women’s floors with an easier-to-shop, lifestyle format with enhanced visuals.

Penney’s needs to improve its retail operations, capital structure and balance sheet.

The retailer showed more cracks as it dipped below a share price threshold to stay listed on the New York Stock Exchange.

The executive has held high-level jobs at major retail corporations.

He fills a position that’s crucial to the chain’s turnaround efforts.

Penney’s has a long road ahead in its turnaround but is taking steps to improve the merchandising.

The year-old service shipped men’s big and tall merchandise.

The results are conspicuous considering most retailers had a good holiday sales season.

The usual lull in business occurring after Cyber Monday this year was deeper than expected.

For J.C. Penney, this holiday period is among its most important ever.

The struggling chain needs to rev up revenues and sees apparel improvements as crucial.