34 List Of Jcpenney Private Label Brands
In july 2009 new additions were made to the j. Jcpenneys ceo stated that it would introduce a private brand only when its margin rate is accretive to a national brand.
Penney has long gotten half of its sales from its own brands.
List of jcpenney private label brands. Another advantage of private brands highlighted in the oppenheimer. As with other jcpenney private label lines linden street items are developed designed and sourced in house. With strong customer acceptance and loyalty these brands have meaningful brand recognition well beyond our jcpenney stores allison said.
My private brand is designed to foster innovation encourage debate and write the next chapter of brand management private brand management. Penneys private label brands include liz claiborne and jcp home. The renewed focus on private label merchandise is seen as crucial to reversing the sales slide before penney can think of winning new customers said bernard sosnick an analyst with gilford.
In fiscal 2015 ended january 31 2016 jcpenneys private brands accounted for 44 of the total merchandise sales up from 42 in fiscal 2014 and 41 in fiscal 2013. Company officials said the products fall into the retailers good and better pricing. My private brand was launched by christopher durham in late 2008 the site is the most widely read daily publication on private brands in the world.
Here is a look back at some classics from the last 100 years. Penney young mens department including an expansion of its private brand decree previously exclusively a juniors clothing line and the introduction of more skatesurf oriented clothing including rusty rs by ryan sheckler and 3rd rail. Has made its private labels a key part of its strategy to capture market share and continue to improve.
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