Content about Plano, Texas

July 10, 2012
J.C. Penney cuts 350 jobs at headquarters

J.C. Penney Co. announced that it is eliminating approximately 350 positions at its headquarters in Plano, Texas, completing a reorganization of its corporate office that it said was designed to create a leaner and more simplified operating structure.

New York -- J.C. Penney Co. on Tuesday announced that it is eliminating approximately 350 positions at its headquarters in Plano, Texas, completing a reorganization of its corporate office that it said was designed to create a leaner and more simplified operating structure.

June 1, 2012
Penney CEO to address Piper Jaffray conference in NYC

Ron Johnson, CEO of J.C. Penney, will answer questions from investors at the Piper Jaffray 32nd Annual Consumer Conference in New York City on June 5, 2012.

PLANO, Texas -- Ron Johnson, CEO of J.C. Penney, will answer questions from investors at the Piper Jaffray 32nd Annual Consumer Conference in New York City on June 5, 2012.
   
The question and answer session will begin at 8:30 a.m. ET and will be available via live webcast on jcpenney's Investor Relations page at http://ir.jcpenney.com.  Replays of the webcast will be available for up to 90 days after the event.
 

May 14, 2012
Versona Accessories to open Plano location

Charlotte, N.C.-based Versona Accessories said it will open a new store on May 24, in Plano, Texas, at Preston Park Village.

Plano, Texas -- Charlotte, N.C.-based Versona Accessories said it will open a new store on May 24, in Plano, Texas, at Preston Park Village.

The jewelry and accessories retailer is a Cato Corp., concept.
 

April 5, 2012
J.C. Penney cuts 600 workers from headquarters staff

The ax has fallen at J.C. Penney Co. The company on Thursday laid off 600 workers from its corporate headquarters Plano, Texas, as its looks to streamline its business model amid a major reinvention of the business.

New York -- The ax has fallen at J.C. Penney Co. The company on Thursday laid off 600 workers from its corporate headquarters Plano, Texas, as its looks to streamline its business model amid a major reinvention of the business. The staff reduction, which equaled 13% to 14% of the headquarters staff, did not include any senior executives, according to The New York Times.

January 18, 2012
J.C. Penney names chief technology officer

J. C. Penney Co. has tapped another former Apple executive to join its executive ranks. J. C. Penney announced that Kristen E. Blum has been named executive VP and chief technology officer, effective Jan. 23.

Plano, Texas -- J. C. Penney Co. has tapped another former Apple executive to join its executive ranks. J. C. Penney announced that Kristen E. Blum has been named executive VP and chief technology officer, effective Jan. 23. She reports to COO Mike Kramer, and has responsibility for the company's jcp.com business and information technology systems.

January 10, 2012
J.C. Penney names chairman of the board

J.C. Penney Co. announced that Thomas J. Engibous will become chairman of its board of directors, effective Jan. 28.

Plano, Texas -- J.C. Penney Co. announced Tuesday that Thomas J. Engibous will become chairman of its board of directors, effective Jan. 28.

Engibous was named to the board in 1999 and has served in presiding director and lead independent director roles since 2008. He will assume the chairman's role from Myron E. (Mike) Ullman, III, J.C. Penney’s former CEO, who will step down as executive chairman.

Engibous is the retired chairman of Texas Instruments Inc.

November 16, 2011
Office Depot is top retailer in Energy Star’s national building competition

Office Depot announced that Office Depot stores in Plano, Texas; Raleigh, N.C.; and Tallahassee, Fla., won the top three spots for retail energy efficiency gains in the 2011 U.S. Environmental Protection Agency’s (EPA) Energy Star National Building Competition.

Boca Raton, Fla. -- Office Depot announced that Office Depot stores in Plano, Texas; Raleigh, N.C.; and Tallahassee, Fla., won the top three spots for retail energy efficiency gains in the 2011 U.S. Environmental Protection Agency’s (EPA) Energy Star National Building Competition. The Plano and Raleigh stores were also the only retailers in the overall top 10 list.

August 12, 2011
Aggressive markdowns leave J.C. Penney Q2 profit flat

J.C. Penney Co. reported Friday that net income for the quarter ended July 30 was flat at $14 million, citing aggressive markdowns for a lackluster performance that fell below Wall Street expectations.

Plano, Texas -- J.C. Penney Co. reported Friday that net income for the quarter ended July 30 was flat at $14 million, citing aggressive markdowns for a lackluster performance that fell below Wall Street expectations.

Revenue dipped to $3.91 billion from $3.94 billion in the year-ago period. Same-store sales increased 1.5%.

According to J.C. Penney, its focus on the middle-to-lower-income shoppers creates a challenge, as those consumers face economic uncertainty heading into the back-to-school and holiday shopping seasons.

August 3, 2011
J.C. Penney to lay off 442 at Connecticut DC

In a notification to Connecticut’s labor department, J.C. Penney Co. said it will lay off 442 workers at J.C. Penney’s distribution center in Manchester, Conn.

Plano, Texas -- In a notification to Connecticut’s labor department, J.C. Penney Co. said it will lay off 442 workers at J.C. Penney’s distribution center in Manchester, Conn.

According to the notice, J.C. Penney is closing the facility's dot-com unit, and that employees' last day will be Sept 30.
 

July 22, 2011
Play ball! J.C. Penney's former CMO to open baseball camp

Mike Boylson, formerly executive VP and CMO of J.C. Penney, has traded retailing for baseball.

New York City -- Mike Boylson, formerly executive VP and CMO of J.C. Penney, has traded retailing for baseball. The 32-year J.C. Penney veteran, who officially stepped down from the company on July 1, and a friend are opening a franchise of D-Bat, a baseball and softball training academy, Advertising Age reported. The facility is due to open this fall.

July 5, 2011
Shops at Legacy launches personal shopping app

Inland Western, based in Oak Brook, Ill., said that its Shops at Legacy, in Plano, Texas, has partnered with Smart Choice to launch a mobile personal shopping assistant app.

Plano, Texas -- Inland Western, based in Oak Brook, Ill., said that its Shops at Legacy, in Plano, Texas, has partnered with Smart Choice to launch a mobile personal shopping assistant app. The new app features product information, a customizable shopping experience and a “Men’s Corner,” which includes drink specials, sports game listings and gift ideas.

June 8, 2011
Just Fitness to open at Spring Creek Marketplace

The Weitzman Group/Cencor Realty Services said that Just Fitness 4 U has leased 21,577 sq. ft. of anchor space in Spring Creek Marketplace, a shopping center located in Plano, Texas, for its fifth Dallas/Ft. Worth location.

Plano, Texas --- The Weitzman Group/Cencor Realty Services said that Just Fitness 4 U has leased 21,577 sq. ft. of anchor space in Spring Creek Marketplace, a shopping center located in Plano, Texas, for its fifth Dallas/Ft. Worth location.

Just Fitness 4 U, which currently operates locations in Dallas, Carrollton, Mesquite and Hurst, also operates in key markets such as Atlanta and Salt Lake City.
 

February 9, 2011
William Ackman, Steven Roth named to J.C. Penney board

J. C. Penney Co. announced Wednesday that its board of directors has elected William A. Ackman, founder and CEO of Pershing Square Capital Management, and Steven Roth, chairman of the board of Vornado Realty Trust, as directors.

Plano, Texas -- J. C. Penney Co. announced Wednesday that its board of directors has elected William A. Ackman, founder and CEO of Pershing Square Capital Management, and Steven Roth, chairman of the board of Vornado Realty Trust, as directors.

The appointments had been previously announced on Jan. 24. 
 

December 14, 2010
Toni & Guy to open at Preston Park Village

Jacksonville, Fla.-based Regency Centers said it has leased retail space in Plano, Texas, at Preston Park Village to Toni & Guy.

Plano, Texas -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Plano, Texas, at Preston Park Village to Toni & Guy.

The hair, skin and nail salon will open a 1,690-sq.-ft. location in January 2011.

The 239,333-sq.-ft. shopping center is anchored by a 53,118-sq.-ft. Tom Thumb alongside national retailers Panera Bread, Williams Sonoma, Ann Taylor and The UPS Store.

November 13, 2010
J.C. Penney Q3 profit rises 63%

J.C. Penney reported a better-than-expected increase in third-quarter profit Friday

Plano, Texas -- J.C. Penney reported a better-than-expected increase in third-quarter profit Friday, crediting controlled costs and positive response to its newest exclusive brands, which include Liz Claiborne and MNG by Mango, and its Sephora in-store cosmetic boutiques.

The chain posted a profit of $44 million in the period ended Oct. 30, compared with $27 million a year ago. Total sales increased 0.2% to $4.19 billion, up from $4.18 billion in the third quarter last year. Same-store sales rose 1.9%.

October 31, 2010
Urban secures three new sites for Urban Outfitters

URC Urban recently helped secure three new sites for two Urban Outfitters concepts in North...

October 18, 2010
J.C. Penney adopts poison pill

J.C. Penney adopted a shareholder rights plan

Plano, Texas -- J.C. Penney said Monday that it has adopted a shareholder rights plan, or so-called poison pill, in light of "recent rapid accumulations of a significant percentage of the company's outstanding common stock." The plan has a term of one year. The rights have a 10% trigger.

The news follows the announcement that activist investor Bill Ackman's Pershing Square Capital Management and real estate firm Vornado Realty Trust recently disclosed a 16.5% and 9.9% stake each in the retailer.

October 17, 2010
J.C. Penney adopts poison pill

J.C. Penney said Monday that it has adopted a shareholder rights plan, or so-called poison...

October 11, 2010
Mama’s Daughters’ Diner to open at Prestonwood Park

Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in Plano, Texas, at Prestonwood...

October 11, 2010
Verizon Wireless to open an Signature Plaza

Jacksonville, Fla.-based Regency Centers said it has leased retail space to Verizon Wireless at Signature...

September 12, 2010
Urban Outfitters to open its third Dallas/Ft. Worth area store

UCR Urban recently represented The Shops at Legacy in securing Urban Outfitters for a 9,550-sq.-ft....

August 16, 2010
Saks Q2 loss narrows, closing two additional stores

Saks said Tuesday that it narrowed its loss for the quarter ended July 31 to...

August 1, 2010
J.C. Penney makes executive promotions

J.C. Penney Co. announced that Michael T. Theilmann and Thomas M. Nealon, have been named...

July 11, 2010
Paper Affair to open at Shops at Starwood

Stationery retailer Paper Affair said it will add a third location, this one at The...

May 13, 2010
J.C. Penney profit surges in Q1

J.C. Penney Co. reported Friday that it generated a profit in its fiscal first quarter...