Could things get any worse for J.C. Penney (JCP)? Nearly every day of the past week has brought fresh news about something going wrong at the struggling retailer. It´s hard to keep track of all the misfires surrounding the company right now. Thursday, news emerged that Penney had laid off 2,200 employees in its stores and corporate offices. The layoffs actually cheered investors up a bit: Penney´s stock price was up more than 2% in afternoon trading. Here´s a list of the setbacks Penney and CEO Ron Johnson have suffered recently: Analysts losing faith. There aren´t many analysts left
Comments: The last straw for use was when we tried to buy 3 items via their online store (the brick and mortar store has long since been off our list). One was grossly overpriced. Another was discontinued and the third was only available in weird/ugly colors.
So all those sodomites they were trying to appeal to with their lesbian Mother´s Day, and sodomite Father´s Day, ads didn´t make up for the countless normal people who were too disgusted by those ads to ever shop there again?!?!?
You would have thought that at least one person on staff there might have mentioned that very obvious outcome when they decided to be so ´´cutting edge´´ with those ads...
I had a gift card to J.C. Penney. I could not believe how empty of shoppers, and merchandise, the store was. This in a mall where it´s difficult to find a parking space.
It was recently renovated, all blinding white with arty displays, very reminiscent of an Apple store. I couldn´t find any of the traditional Penney´s merchandise I always bought, and they didn´t have something as basic as ladies´ wallets for sale. There was almost no merchandise in the housewares department--I don´t know what they´ll do if the Martha Stewart deal is killed by the courts and they can´t put that merchandise out for sale. When I finally did find something to buy, I stood on line 10 minutes with only one customer ahead of me.
I won´t be shopping there anymore, after many years.
It´s a shame. A few years ago, we bought some rental/vacation property and I had to buy bedding, blankets, comforters and towels for 12. I looked everywhere for the best quality and price and it was JC Penneys. I don´t know why they couldn´t compete.
I never got hiring a computer industry guy to be CEO of a retailer. Retailing is an esoteric industry that few can handle even after years in retailing. The company has been put into bankruptcy, so yes BOD, I think the guy you have been following, and who put you there, should be fired. And since the BOD hired him and stuck with him until you were bankrupt, you should resign and get out of town as well.
I bought one product from them for over 35 years. And since I was in the store, I shopped for other things. Then they stopped making the product I bought and I had no reason to go into the store. They should have gotten rid of the CEO a year ago after he alienated Penneys base.
My husband got a gift card for Christmas to JCP. I have been by there 2-3 times to use it and cannot find anything that would appeal to a "older" person - everything is too young and crazy for us old people! He told me to use it for myself and I couldn´t find anything I would want to bring home. May have to recycle it to one of the grandkids. Also the store was very poorly stocked and I couldn´t find a salesperson when I needed one. used to love JCP but no more.
I continue to be amazed at how retail these days is evidently all being run by absolute idiots. Go into any department store like Penneys, Kohls, Belk,etc. These are stores found in malls all over America, and in the rural areas, they are basically almost the only stores to shop for clothes, shoes, etc. Yet, as many have noted here, the clothing offered is all pretty much for teenagers only. Weird, revealing, garish colors. America is getting older and heavier....why is no one marketing to the majority of potential shoppers? It´s just amazing.
Make ads pandering to 2% of the population and offend at least half of the remaining 98%. Are they really that stupid? Good riddance! Shop at Kohls - they send 90% plus of their contributions to Republicans. Also, they have very good departments for the older set - I´m 60 and I shop there.
Liberals will push their agenda whatever station in life they find themselves. CEO of JCP? Push the homosexual agenda. Offend the majority of the population. Go bankrupt. You mean Ellen Degenerate couldn´t save you? Gee, who would´ve thought it!
Hey, I wrote and told you I would never shop at JCP if Ellen Degenerate was to be the face of your company. Guess a lot of others felt the same.
The annual SAT scores have been released to the public and show a continued decline in math and writing scores. Even worse, CBS’s Money Watch reports that more than half of incoming college freshmen are not ready for the academic challenges of college. "We must dramatically increase the number of students in K-12 who are prepared for college and careers," College Board President David Coleman said in a statement. "Only by transforming the daily work that students do can we achieve excellence and equity." In the data released by College Board, a full 57 percent of graduating seniors are ready
President Obama denounced "irresponsible" Republican critics of his health care law Thursday, saying efforts to "blackmail" him into changing the plan could trigger a government shutdown and a U.S. credit default. "Now they´re threatening steps that actually would badly hurt our entire economy," Obama said during a health care speech in Largo, Md. The speech came on the same day the administration announced a change in the online rules for small businesses: Some small-business owners wishing to enroll in new health care exchanges opening Oct. 1 will not be able to do so online at first. Instead, they will have
WASHINGTON — Nearly $300 million in aid for Detroit — from federal and state coffers, private businesses and charitable foundations — will be announced Friday as Obama administration officials visit the city to discuss what can be done to help eradicate blight, improve transportation, encourage new business and make residents safer. The funding will include $150 million in blight eradication and community redevelopment, including $65 million in Community Development Block Grant funding — which had already been awarded over two years but could not be accessed by the city. An additional $25 million could help hire as many as 150
While these are very early days for the nation´s new health care law, some Americans are already blaming it for higher premiums and few report much in the way of benefits so far. (Snip) Insurance experts say it is possible that insurance rates have gone up already because of the inclusion of new benefits mandate by the law, such as prohibiting limits on lifetime claims and free preventative services. However, Henry Aaron of the Brookings Institution responded that it´s "inconceivable" that 18 percent of premiums nationwide have already gone up because of health care.
Wal-Mart Stores Inc. (WMT) is cutting orders it places with suppliers this quarter and next to address rising inventory the company flagged in last month’s earnings report. Last week, an ordering manager at the company’s Bentonville, Arkansas, headquarters described the pullback in an e-mail to a supplier, who said others got similar messages. “We are looking at reducing inventory for Q3 and Q4,” said the Sept. 17 e-mail, which was reviewed by Bloomberg News. U.S. inventory growth at Wal-Mart outstripped sales gains in the second quarter at a faster rate than at the retailer’s biggest rivals. Merchandise has been piling
In what may have been the most widely awaited speech at the United Nations, Iran’s new president, Hassan Rouhani, preached tolerance and understanding on Tuesday, decried as a form of violence the Western sanctions imposed on his country and said nuclear weapons had no place in its future. Mr. Rouhani, whose speech followed President Obama’s by more than six hours, also acknowledged Mr. Obama’s outreach to Iran aimed at resolving more than three decades of estrangement and recrimination, and expressed hope that “we can arrive at a framework to manage our differences.” But the Iranian leader also asserted that the
NEW YORK - Michelle Obama says Harlem is a "quintessentially American" cultural gem. The first lady made the remarks Tuesday during a New York City luncheon she hosted for the spouses of foreign dignitaries. Mrs. Obama spoke to about 50 spouses of chiefs of state and heads of government who are attending the UN General Assembly. They were gathered in the main gallery of The Studio Museum in Harlem. Mrs. Obama lauded the many cultural luminaries who once performed in the upper Manhattan neighborhood, including jazz musician Louis Armstrong and poet Langston Hughes. She said Harlem is a "thread that
WASHINGTON — A so-called "family glitch" in the 2010 health care law threatens to cost some families thousands of dollars in health insurance costs and leave up to 500,000 children without coverage, insurance and health care analysts say. (Snip) Congress defined "affordable" as 9.5% or less of an employee´s wages, mostly to make sure people did not leave their workplace plans for subsidized coverage through the exchanges. But the "error" was that it only applies to the employee — and not his or her family. So, if an employer offers a woman affordable insurance, but doesn´t provide it for her
NAIROBI — Kenyan security forces on Monday seized control of a luxury shopping mall that had been attacked by Islamist militants, but officials said some assailants remained hidden inside stores in the mall and little was known about who staged the brazen attack and what countries they came from. A total of 62 people were killed after the gunmen, from the Islamist al-Shabab militia, burst into the Westgate Premier Shopping mall at lunchtime Saturday and began shooting, said Joseph Ole Lenku, a senior official with the Interior Ministry. The Kenyan Red Cross earlier estimated the death toll at 69, but
WASHINGTON - President Barack Obama urged supporters on Saturday to "go back at it" and pursue gun-control measures after mass shootings in Washington and Chicago in the past week put the spotlight back onto the problem of gun violence in the United States. Obama made passing tough gun laws a top priority after a gunman killed 20 children and six adults at an elementary school in Newtown, Connecticut, in December, stunning the nation. But Congress rejected his proposals to restrict sales of certain types of guns and require greater background checks. Gun-rights groups opposed the measures, saying they would infringe
NAIROBI, Kenya — A witness to the attacks at Nairobi’s upscale mall says that gunmen told Muslims to stand up and leave and that non-Muslims would be targeted. Elijah Kamau said Saturday that attackers with AK-47s and grenades made the statement about Muslims as they began their attack at the Westgate shopping mall in Kenya’s capital around midday. Gunmen threw grenades and opened fire during the attack. Associated Press reporters at the scene said they saw about 10 dead bodies and dozens wounded more than two hours after the attack began. Officials did not yet give an official death toll.
Dispense with any doubts about who the Alpha Dog in Russia is. For that matter, you might as well apply that characterization to the world stage, where a former mid-ranking KGB officer, black-belt judo master, and newly eligible bachelor is showing himself capable of performing diplomatic jujitsu on the West one day and the next, waxing philosophical on everything from gays and Syria to chemical weapons and political opponents. Make no mistake: Vladimir Putin is at the top of his game these days, a veritable oracle offering counsel and scoldings about the right and wrong way to do things in
In the aftermath of Senator Ted Cruz’s epic performance on the Senate floor, a few observations: After his disgraceful attacks on Cruz, including his reach-across-the-aisle, dog-in-the-manger response today, this should be the end of Senator John McCain as a voice of influence in the Republican party. Ditto his mini-me, Senator Lindsey Graham. Indeed, the entire Old Guard of business-as-usual “comity” fans passeth. When you care more about what the other side thinks, it’s probably time either to switch teams or step down. There is new leadership in the GOP, whether the party wants to admit it or not: Cruz, Rand
A very unhappy Senator John McCain (R-AZ) rebuked Senator Ted Cruz for accusing his GOP allies of being “appeasers” along the line of Neville Chamberlain’s Munich deal with Adolf Hitler in 1938. “I resoundingly reject that allegation,” McCain said on the Senate floor. “That allegation, in my view, does a great disservice for those brave Americans and those who stood up and said what’s happening in Europe cannot stand…Amongst them were my father and grandfather.”
PRINCETON, NJ -- As Washington braces for another budget showdown, this time with the threat of defunding the new healthcare law in the mix, the key political force pushing for conservative policies sees diminished popular support. Fewer Americans now describe themselves as supporters of the Tea Party movement than did at the height of the movement in 2010, or even at the start of 2012. Today´s 22% support nearly matches the record low found two years ago.
The status quo falls apart when people discover, first to their surprise, then to their glee, that it’s lost its teeth. The presidency of Barack Obama appears to be unraveling — whether the yarn will be pulled out to the last inch remains to be seen, but a lot of it is already coiled on the floor. First the UK parliament, then both parties of Congress balked at his Syrian policy. Then Putin humiliated him so badly internationally that he retreated to the safety of domestic policy. But while resting between rounds he was immediately beset by his own cornerpeople.
Rep. Peter King, who has pulled no punches in criticizing Ted Cruz, said Thursday that supporters of the Texas senator have been bombarding his office with “vile” phone calls. The New York Republican has called Cruz a fraud for his calls to defund Obamacare, and said the senator’s campaign this summer to get the House to pass a government funding bill that defunds the health care law led to some offensive phone calls to King’s office.
Former President Bill Clinton said Wednesday that he believes his daughter, 33-year old Chelsea Clinton, has the potential to one day be a better president than his wife, former New York senator and Secretary of State Hillary Clinton. In an interview set to run late Wednesday on CNN’s Piers Morgan Live, Clinton was asked by the host who he thought would make a better president – his wife Hillary, or his daughter Chelsea. “Day after tomorrow, my wife because she’s had more experience,” he said. “Over the long run, Chelsea. She knows more than we do about everything.” Clinton lauded his daughter’s intelligence,
Allen West reportedly called a female employee a "Jewish American princess," resulting in the loss of his job. While some of the famously outspoken former congressman´s supporters might see the situation as political correctness gone wrong, the latest incident happened an the epicenter of the anti-PC police rebel alliance: Pajamas Media. Buzzfeed explains that West "voluntarily" left his position at the media outlet, effective at the end of this month. Here´s an email — obtained by Rosie Gray — to the PJ Media staff: "In order to focus on political interests, Allen West will transition from his full-time role as
John McCain’s former senior adviser Steve Schmidt says he has “deep regret” for helping to create a “freak show” wing of the Republican Party when he had a hand in bringing former McCain running mate Sarah Palin to the national stage. Schmidt said Monday on MSNBC’s “Hardball” that it’s time for the GOP to stand up to the “asininity” embodied by Palin and others. “For the last couple of years, we’ve had this wing of the party running roughshod over the rest of the party. Tossing out terms like RINO, saying we’re going to purge, you know, the moderates out of
It seems that Hillary Clinton’s hair length is getting shorter as anticipation surrounding her expected presidential candidacy continues to grow. On Tuesday she attended the 2013 Clinton Global Initiative sporting a new, shorter ‘do. The style appears to be a piece-y, layered bouffant with wispy side swept bangs and lots of volume in the back. A source tells MailOnline that Clinton had celebrity stylist John Barrett cut her hair at his Bergdorf Goodman salon on Monday, and says that Clinton ´was grinning when she left and was obviously happy with the ´do.´
Yesterday, I wrote that the old guard RINO wing of the GOP was collapsing because the base had aligned itself with politicians willing to place principle above party. As if on cue, a who’s who of go-along-to-get-along Republicans has crawled out of the woodwork. First up, we had John McCain. He was angry, but his diatribe was nothing compared to the double-barreled rage-fest being employed by New York Republican Rep. Pete King. Yesterday, King (who’s still considering a 2016 presidential run) spoke with the always-unbiased New York Times. During his interview, he called Cruz a “fraud” and referred to his anti-Obamacare
Ted Cruz has sparked a Republican civil war. He has done the bidding of the GOP fringe, in a self-aggrandizing crusade. And while he has enhanced his own position in the conservative fantasyland he seeks to rule, the practical effect of his quixotic campaign to defund Obamacare has been to elevate the president and jeopardize the 2014 elections for his own party. That, at least, seems to be the consensus in Washington. We’re inclined to a somewhat different view. We say two cheers for Ted Cruz— and for Mike Lee, Rand Paul, Marco Rubio, and their fellow crusaders. They succeeded
An email sent to students by a University of Maryland official that cites the Trayvon Martin shooting as evidence "it is legal to hunt down and kill American children in Florida" is being blasted as the latest evidence of a left-wing bias on campus. The email, from William Dorland, director of the school´s Honors College, starts by welcoming students back to campus, but then quickly veers into politics. "This year, we learned that it is legal to hunt down and kill American children in Florida," it reads, in a reference to the trial of George Zimmerman, who was cleared of all charges