Marvin Ellison
Retail
Marvin Ellison: On Retail, Progress at Lowe’s
The Lowe’s ceo, less than a year into the job, has already made sweeping changes to the organization to regain market share.
Financial
J.C. Penney Sales Slip
The retailer cited bad weather for top line weakness and also recorded continuing losses for the first quarter.
Fashion Scoops
Marvin Ellison’s Pay Tops $10 Million at J.C. Penney
The majority of the ceo’s compensation came in stock and option awards.
Financial
Store Closures Hit J.C. Penney Net as Sales Improve
The retailer trumpeted an “improved performance in our total apparel business.”
Legal
J.C. Penney Paying $97.5M to End Investor Class Action
The department store has denied claims that it misled investors in 2013 on its financial state.
Parties
Father’s Day Lunch Raises $1.1 Million
The event honored Penney’s Marvin Ellison and Michael Strahan.
Financial
J.C. Penney Looks for Home Services to Buttress Fashion
The company is accelerating its move into the area, with tests on bathroom remodeling, smart home installation and more.
Financial
J.C. Penney’s $12 Million Club: Pay for Myron Ullman and Marvin Ellison
The two executives, who split up ceo duties at J.C. Penney last year, were each paid handsomely for their efforts.
Retail
J.C. Penney’s Pumped-up Quarter
The department-store retailer outperformed its peers during the holiday season.
Retail
Marvin Ellison Details J.C. Penney’s Strengths — and Weaknesses
In a speech, Ellison said the retailer’s Penney’s weaknesses include assortment planning, supply chain efficiency, customer analytics and e-commerce.
Financial
J.C. Penney Co. Slashes Net Loss to $138 Million in Second Quarter
Same-store sales rose 4.1 percent, with total sales reaching $2.88 billion.
