PENNEY - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/PENNEY News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) JC Penney picks Home Depot exec as its next CEO http://www.sltrib.com/sltrib/money/58516325-79/penney-ceo-sales-company.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58516325-79/penney-ceo-sales-company.html.csp">JC Penney picks Home Depot exec as its next CEO</a></h4> <span class="author vcard"><span class="fn">By ANNE D’INNOCENZIO</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-10-13T10:02:44.206-06:00">Updated Oct 13, 2014 10:02AM MDT</span></h5> <div class ="entry-content">Plano, Texas • J.C. Penney has named a Home Depot executive as its next CEO. The department store operator said Monday that Marvin Ellison, currently executive vice president of stores at Home Depot Inc., will become president in November and CEO next August. J.C .Penney’s shares rose in premarket trading on the news. The 49-year-old Ellison will take over the CEO post from Mike Ullman, who came back to the Plano, Texas company’s helm in April 2013 after former CEO Ron Johnson was ousted after o...</div> <h5><a rel="item-license" href="#license-585163252014-10-13T10:02:44.206-06:00" id="#license-2014-10-13T10:02:44.206-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58516325@www.sltrib.com Mon, 13 Oct 2014 10:02:44 MDT JC Penney’s September sales softer than expected http://www.sltrib.com/sltrib/money/58500634-79/penney-sales-company-johnson.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58500634-79/penney-sales-company-johnson.html.csp">JC Penney’s September sales softer than expected</a></h4> <span class="author vcard"><span class="fn">By ANNE D’INNOCENZIO</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-10-08T14:50:04.735-06:00">Updated Oct 8, 2014 02:50PM MDT</span></h5> <div class ="entry-content">New York • Shares of J.C. Penney Co. fell more than 10 percent after the department store operator warned that its sales last month were weaker than expected and cut its outlook for a key sales measure for the current quarter. The warning overshadowed the company’s unveiling of a strategy at its analysts’ meeting Wednesday that the retailer said would boost sales by $2.55 billion over next three years. It would do so by improving the productivity of its home area, expanding e-commerce and spruci...</div> <h5><a rel="item-license" href="#license-585006342014-10-08T14:50:04.735-06:00" id="#license-2014-10-08T14:50:04.735-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58500634@www.sltrib.com Wed, 08 Oct 2014 14:50:04 MDT