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J.C. Penney has a terrible week
MSN Money, by Kim Peterson

Original Article

Posted By:NorthernDog, 3/7/2013 3:22:01 PM

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.

      


Post Reply  

Reply 1 - Posted by: mitzi, 3/7/2013 3:26:57 PM     (No. 9213517)

I had a similar experience. Everything I looked online ... sold out in my size or awful colors. Or, they no longer stock it.

I only go up to 33rd St. to shop when I have to. It´s pain to shop there.





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Reply 2 - Posted by: SouthSanAntonio, 3/7/2013 3:29:15 PM     (No. 9213526)

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...

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Reply 3 - Posted by: mickturn, 3/7/2013 3:57:09 PM     (No. 9213577)

I worked for these slugs in the mid 60´s...I hated the store and the management.

It appears they have not learned one thing!

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Reply 4 - Posted by: Charactercounts, 3/7/2013 4:07:16 PM     (No. 9213599)

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.

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Reply 5 - Posted by: smcchk, 3/7/2013 4:15:42 PM     (No. 9213616)

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.

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Reply 6 - Posted by: stablemoney, 3/7/2013 4:26:58 PM     (No. 9213642)

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.

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Reply 7 - Posted by: frenesi1, 3/7/2013 4:45:41 PM     (No. 9213675)

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.

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Reply 8 - Posted by: Norwegian Goddess, 3/7/2013 4:58:46 PM     (No. 9213697)

I´m with poster 2. As soon as I saw their Father´s Day ad, I knew I didn´t want to give them any of my business. Haven´t shopped there since.

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Reply 9 - Posted by: lawabidingcitizen, 3/7/2013 5:20:22 PM     (No. 9213729)

The made their bed and now ...

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Reply 10 - Posted by: Muguy, 3/7/2013 5:29:32 PM     (No. 9213757)

I think Montgomery Ward is about to have some company....

If it werent for the appliances, I think Sears would have vanished too.

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Reply 11 - Posted by: Blue Hen1, 3/7/2013 5:36:04 PM     (No. 9213766)

Dead store walking

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Reply 12 - Posted by: ssMom, 3/7/2013 5:42:42 PM     (No. 9213777)

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.

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Reply 13 - Posted by: bullhead, 3/7/2013 5:50:51 PM     (No. 9213790)

This old guy likes their St.John´s Bay mens clothes line. Got some nice chenille from their on-line store.

I hope they hang on.

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Reply 14 - Posted by: convert, 3/7/2013 7:22:08 PM     (No. 9213901)

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.

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Reply 15 - Posted by: Heraclitus, 3/7/2013 7:27:39 PM     (No. 9213912)

I think i just read today that Penney and Sears pulled their ads from Sat. Nite Live after the blasphemous "Djesus Uncrossed" skit.

Confirmation?

I like Sears a lot. Penney- never shopped there.

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Reply 16 - Posted by: udanja99, 3/7/2013 7:32:00 PM     (No. 9213921)

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.

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Reply 17 - Posted by: artman1746, 3/7/2013 8:28:48 PM     (No. 9213988)

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.

Sow the wind; reap the whirlwind.

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