
JC Penney (US)



JC Penney
is one of America's leading general retail groups, specialising in clothing,
accessories and home furnishings. The company lost sales and market share in
the 1990s, as customers moved away to less traditional or more discounted
outlets. Penney's fought back with a marketing campaign designed to
show that its department stores offer casual as well as conservative fashion at
affordable prices. But the company also had to close several stores, and
restructure others in order to regain profitability. Despite its best
efforts to-date, Penney's has found it hard to shake off perceptions that it is a tired and slightly dowdy
brand. However financial performance has improved significantly since 2004. Click here
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JC
Penney website

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