Word: penney
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...music, is that the whole thrust of fashion is really under the influence of about ten major people in the world. Their ideas are the ideas that come down the runways at $10,000 a kick, which are within six months translated into something that comes out at J.C. Penney for $100. And those people are at risk...
...given up on department stores. Says Tess Goodier, 36, of Vienna, Va., mother of two young children: "It's so much easier than going over to J.C. Penney and chasing after my wandering kids." While the new catalog kings have much in common, each is trying to carve out its own identity...
...started packing up and leaving. Now, little more than a year later, the building is empty and its owners are trying to sell it for $6.5 million, an asking price 30% to 50% less than the building might fetch if it were asbestos-free. In Manhattan the former J.C. Penney headquarters, a 45-story tower that was sold last May to a real estate partnership for $352 million, stands vacant while workers remove asbestos from the building. Estimated cost: $6 million...
...time, corporations seeking to repel raiders can use an ESOP as a way to put a chunk of the company into relatively friendly hands. "Every corporate treasurer is looking at it," says Paul Mazzilli, a principal at the Morgan Stanley investment firm. In recent months, three major corporations -- J.C. Penney, Ralston Purina and Texaco -- spent a total of $1.75 billion on ESOPs to shore up their takeover defenses. Procter & Gamble announced plans in January to spend $1 billion to boost its ESOP from 14% of outstanding shares to 20%, partly to ward off raiders...
...that it is probably wrong. Volunteer work is not the sole province of the housewives holding Christmas fairs, the idle rich sponsoring benefits and the young selling cookies. The aggressive, entrepreneurial cast of much modern charity reflects the fact that the largest number of volunteers, according to a J.C. Penney survey, are between the ages...