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J.C. PENNEY
Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.- From diapers to drugs: How India's global corporate hubs are putting AI to workHeads of several Global Capability Centres (GCCs) told Reuters they are deploying AI across a host of functions - from marketing and conten...
- Global firms use AI at Indian hubs to bring more ad work in-houseGlobal companies are using AI in India to create advertisements. This technology helps them produce images and videos faster. Companies lik...
- Raymond Lifestyle to hire 9,000 workers for hundreds of new storesRaymond Lifestyle, a division of the Indian apparel firm Raymond, plans to hire around 9,000 workers over the next three years for 900 new ...
- Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
- 1 killed in Omaha mall shooting that sends shoppers runningOmaha Police Officer Jeffrey Wittstruck was shot at four times by a 21-year-old man who was accused of shoplifting T-shirts from J.C. Penne...
- Pandemic crushes global supply chains, workers at both endsCOVID-19 lockdowns have obliterated a retail sector already struggling to survive before the coronavirus hit, which has, in turn, contribut...
- Kohl's shares rally as Sephora to open stores at 850 Kohl's locations by 2023Beauty products have been among the most sought-after items during the COVID-19 pandemic, alongside athleisure apparel and home improvement...
- After nearly 200 years, Lord & Taylor goes out of business, files for bankruptcyLord & Taylor will permanently close its remaining 38 stores and shut down its website, the company said Thursday. It is currently holding ...
- Summer of Covid marks the end of office clothesAltogether, the malaise means that thousands of square feet dedicated to selling chinos, houndstooth jackets, pencil skirts and faux pearl ...
- Retail rout gains pace: America's oldest retailer Lord & Taylor seeks bankruptcyDozens of retailers have filed for Chapter 11 protection this year. The pace through the first half of 2020 far exceeds the number of retai...
- Indian creditors nervous as US retail companies struggleIn the past two weeks, leading retailers like JC Penney, J Crew, Neiman Marcus and Stage Stores have filed for Chapter 11 bankruptcy protec...
- Pandemic claims another US retailer: 118-year-old J.C. PenneyPenney is the biggest retailer to file for bankruptcy reorganization since the pandemic and joins luxury department store chain Neiman Marc...
- Retail captives in India log double-digit growth in FY18Experts say the growing importance of technology is driving the growth of investment in third-party centres.
- Target said to mull Welspun contract shift to rival TridentThe US retail giant has begun sampling sheets manufactured by Trident, according to the people, who asked not to be identified as the talks...
- Ten global companies cut one lakh jobs in 2012; HP tops the listThe technology giant Hewlett-Packard tops the chart of corporate job cuts with its announcement in May to axe 27,000 jobs to save up to $3....
- Adidas targets teenage girls for $1.3 billion sales"Teenage girls are a target group we didn't really reach so far, whereas boys are closer connected to Adidas via sports," said Erich Stammi...
- Global retail majors trim India biz to save on costsWal-Mart has closed down its quality-control department in India, as the largest retailer continues to downsize its outsourcing operations ...
- JC Penney reports 51 per cent slide in Q4 profitJC Penney Co reported a 51 per cent drop in fourth-quarter profit as customers sharply cut spending on clothing and other more discretionar...
- Wal-Mart to launch home decor lineWal-Mart Stores on Thursday said it planned to launch its first line of holiday home decor by designer Colin Cowie, joining a long list of ...
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