PublicWire | Emerging Market Stock News
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
No Result
View All Result
PublicWire
No Result
View All Result

Home » Retail » J.C. Penney taps new marketing chief

J.C. Penney taps new marketing chief

by PublicWire
May 14, 2022
in Retail
Reading Time: 2 mins read
0

Dive Brief:

  • J.C. Penney on Wednesday said that John Aylward will take on the chief marketing officer position on June 6.

  • Aylward was most recently CMO at anti-poverty organization Care. Before that he was in marketing positions at retailers HSN, DSW and Gap, according to a company press release.

  • Aylward will help advance Penney’s omnichannel strategy and “lead the marketing strategy, creative, visual merchandising and store design, and customer engagement teams,” per the release.

Dive Insight:

Aylward takes this role as J.C. Penney works, once again, to reboot its appeal. The department store last month launched a marketing campaign with the theme “Shopping is back!”

Shopping at J.C. Penney stores isn’t, though, at least not yet. In March, traffic there declined 34.4% compared to pre-pandemic 2019, following similar declines in February and January, according to data from footfall analytics firm Placer.ai. 

Still, David Simon, CEO of Simon Property Group, one of J.C. Penney’s new owners, told analysts this week that the retailer has “performed better than planned,” has $1.3 billion in liquidity and no borrowings on its line of credit.

“I think the store business is doing well,” he said. “And I think over time they’ll improve their e-commerce.”

He also seemed to push back against rumors that Simon would acquire Penney rival Kohl’s.

The retailer didn’t immediately respond to questions regarding Aylward’s predecessor. Shawn Gensch, who previously led marketing efforts as chief customer officer, left two years ago after just a few months in that job. Before Gensch, Marci Grebstein joined Penney as CMO in 2017 and left two years later, according to LinkedIn.

In a statement, J.C. Penney CEO Marc Rosen said that Aylward arrives at a “pivotal moment.” The retailer is attempting yet another reset after high turnover in the C-suite, a bankruptcy and new ownership.

“We must protect what the brand represents while evolving how it expresses who we are today,” Rosen said.


This post was originally published on this site

Previous Post

Carhartt hires new SVP of DTC

Next Post

Dollar Tree taps former Dollar General execs for help with supply chain, merchandising

PublicWire

At PublicWire, we know the vast majority of all investors conduct their due diligence and get their news online in a variety of ways including email, social media, financial websites, text messages, RSS feeds and audio/video podcasts. PublicWire’s financial communications program is uniquely positioned to reach these investors throughout the U.S. and Canada as well as on a global scale.

Related Posts

Retail

Fossil hires chief marketer

September 15, 2022
0
Retail

West Elm partners with DTC office furniture brand Branch

September 13, 2022
0
Retail

Target partners with FAO Schwarz on exclusive, multiyear deal

September 13, 2022
0
Retail

Alo Yoga releases first ready-to-wear collection, NFT at New York Fashion Week

September 11, 2022
0
Retail

The Weekly Closeout: Bloomingdale’s turns 150 and Jerry Seinfeld models for Kith

September 10, 2022
0
Retail

Wish CEO exits after 7 months

September 10, 2022
0
Next Post

Dollar Tree taps former Dollar General execs for help with supply chain, merchandising

Please login to join discussion

Subscribe To Our Newsletter

Loading
Ad
PublicWire | Emerging Market Stock News 24/7 | Investor Relations US Stock Market

© Copyright 2022 publicwire.com

Navigate Site

  • About
  • Contact Us
  • Disclaimer
  • Watch LIVE
  • Privacy Policy
  • Terms and Services
  • Contributors

Follow Us

No Result
View All Result
  • LIVE Investor News Channel
  • Cannabis
  • Energy
  • Finance
  • General
  • Medical
  • Podcasts
  • Retail
  • Technology
  • Videos

© Copyright 2022 publicwire.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.