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JCPenney Is Quietly Firing Lots Of Middle Managers Across The Country
Business Insider ^ | 05/03/2012 | Kim Bashin

Posted on 05/03/2012 7:37:02 AM PDT by SeekAndFind

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To: Jvette

Time to move on to greener pastures, if you can fine any in this economy.

My wife used to shop at JCP as well as numerous other stores. She liked the coupons. Now, no more coupons, no more sales, plus the most obnoxious TV ads. The result is she no longer shops at JCP. I wonder how many other women are doing the same.

This new CEO has no retail experience. My prediction is that he will drive JCP even farther into the ground. It may continue to exist for a number of years but it will become a zombie store just like Sears. We went into a Sears in San Diego a couple of months ago on a weekday night in a large shopping center with lots of folks walking about. First time in several years. It was a total ghost town. Looking around, there might have been 4 other shoppers on the main floor. It was kind of scary.


41 posted on 05/03/2012 9:06:34 AM PDT by CdMGuy
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To: Mean Maryjean
Supposedly, they lowered all their prices, and then that's what you pay. I doubt that, but, that was what they were saying at the end of last year. They also said that all the sales circulars they would send out irritated people. Yeah, I was so irritated about saving money.

I just went in one of their stores yesterday to pick up something. My youngest daughter would find stuff in there and last year my eldest found a nice dress for work; but, it is empty in there. I agree with those on the thread that say that Pennys is probably done. Too bad.

42 posted on 05/03/2012 9:11:34 AM PDT by LibertarianLiz
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To: Mean Maryjean
1920s—Palais Royal and Bealls are founded as Family Owned Businesses. In 1988, Three Bealls Brothers merged with Palais Royal to form Specialty Retailers Inc.(SRI), a private company based in Houston. In 1992, SRI acquired 76 store retail chain Fashion Bar of Denver, whose stores included a Juniors’ chain called Stage. In 1994, 45 Beall-Ladymon stores were acquired and the names were changed to Stage.

Pronounced "Bells" . Started in E.Texas by brothers. Has morphed into bigger things. They were highly underrated as a good clothing store when i shopped there back in the 80s. The brothers were from my moms small E TX town and they very conservative.

43 posted on 05/03/2012 9:16:41 AM PDT by urtax$@work (The only kind of memorial is a Burning memorial !)
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To: LibertarianLiz

——Pennys is probably done. Too bad.——

We’ve been buying solely on price since ‘08, so it’s Walmart, Target or BJs. Don’t have time or desire to look through flyers.


44 posted on 05/03/2012 9:18:59 AM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: E. Pluribus Unum

I have a little more faith in the Management Team JCP has brought in to turn things around that those that circuit city had.

They may still wind up going belly up, but the team Circuit City had was a joke... This team could pull at turn around off.


45 posted on 05/03/2012 9:19:49 AM PDT by HamiltonJay
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To: SeekAndFind

Companies come, Companies go, Adapt or Die.


46 posted on 05/03/2012 9:21:32 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: patriot08

Idiots..having Ellen Degenerate as a spokesman.
____________________________________________

That’s when they lost me, a regular customer for more than 20 years, and I contacted them and told them so. I got no response.


47 posted on 05/03/2012 9:21:32 AM PDT by NotTallTex
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To: HamiltonJay

Hope you’re right.


48 posted on 05/03/2012 9:23:51 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: Mr. Jeeves

I think you have something there.

That MIGHT have worked.

The brand is not stigmatized beyond repair.


49 posted on 05/03/2012 9:24:27 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: N. Theknow; Cowgirl of Justice
Like so many other American companies, I guess they just can't resist the lure of the pathologically narcissistic, pervert class. The childless queers have gobs of disposable income compared to NORMAL families who have enormous child-rearing expenses.

That said, good luck catering to a demographic that is EASILY less than 2% of the population.

50 posted on 05/03/2012 9:26:29 AM PDT by EyeGuy (Non-Holder person.)
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To: UCANSEE2

I’m not normally for government interference and regulations, but what the amoral raider Icahn did to TWA, and by association, the St. Louis airport hub at Lambert, should be illegal.


51 posted on 05/03/2012 9:30:13 AM PDT by EyeGuy (Non-Holder person.)
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To: Cowgirl of Justice

Great story about your MIL.

I’m old enough to remember poring over the JCP (and Sears) catalog. The arrival of the thick CHRISTmas catalog, was nothing less than a watershed event in our household.


52 posted on 05/03/2012 9:33:08 AM PDT by EyeGuy (Non-Holder person.)
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To: E. Pluribus Unum

I am certainly not saying they will pull it off, but definitely think they have a stronger group at the helm.

I’m not a big JCP shopper, do shop occassionally there, and personally I can tell you, just ending all the countless rediculous promotional pricing nonsense where the same product could be 3 or 4 difference prices in the same week or month I like.

Don’t know if the mini store within a store concept will work, but its definitely something that might.

Time will tell.


53 posted on 05/03/2012 9:41:54 AM PDT by HamiltonJay
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To: Mean Maryjean
the price you see is what you pay.

That just another gimmick, judging by the layoffs it's not working.

I used to shop at Penney's a lot. I've not been back since this new campaign, for a variety of reasons.

However, the last time I went, I replaced all of the bed pillows in the house. After Sales, and coupons, and more markdowns, it wound up being 3 or 4 bucks a pillow (for the good ones, not the cheap ones).

Mrs WBill used to clean up on clothes there, too, with much the same results.

Sez me, if you wind up selling merch for less than you originally paid, it's not a good business model.

54 posted on 05/03/2012 9:51:10 AM PDT by wbill
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To: HamiltonJay
I hate going to malls, which is the only reason I don't shop there.

They've certainly been around a long time.

55 posted on 05/03/2012 10:08:24 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: happilymarriedmom
OMG! I had that happen for something as simple as a vacuum cleaner! Salesperson wanted to help me place the order at the in-store kiosk and everything.

I let him know I was none to pleased with driving all the way to the store to place an order that I could have done online at home.

The didn't get the sale.

56 posted on 05/03/2012 10:18:39 AM PDT by EBH (The redistribution of another man's money, does not create wealth for the "greater good.")
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To: happilymarriedmom

“Also I can’t stand their checkouts. They ask you tons of questions and spend so much time punching buttons on the stupid cash register that by the time I’m done I never want to go back there.”

Yep. Sears has THE worst point-of-sales system in the entire universe. I actually feel sorry for the clerks who have to try to use it. And the REALLY sad thing? It’s vastly improved from what it was 10 years ago!


57 posted on 05/03/2012 10:55:53 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: CdMGuy

“Now, no more coupons, no more sales, plus the most obnoxious TV ads”

Interesting. The only thing that ever drew me to a JCP was the coupons and sales. Never realized they were missing now. Guess that’s why I haven’t shopped at JCP in a long while now.


58 posted on 05/03/2012 10:59:29 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: CdMGuy
Looking around, there might have been 4 other shoppers on the main floor. It was kind of scary.

Reminds me of what my local K-Mart was like. In my neighborhood there's a Walmart, Target and K-Mart all within about three miles. The Walmart was always packed, Target less so but still bustling and the K-mart rarely had more than a few cars in the parking lot.

I hadn't been to a K-Mart in years but I was curious as to why they were doing so bad so I popped in and had a look. I felt like I had taken a time machine back to 1979. The facade looked like it hadn't been remodeled in 30 years. The storefront sign had sun-bleached to an ugly pink color. The ceiling tiles were brown and faded, the floor tiles chipped and stained and an incredibly harsh, bright fluorescent lighting lit the place up from low ceilings. There was nobody there except for the employees who were basically hanging out with each other, shooting the breeze. Their prices were higher than everywhere else in town.

I don't even know if a major makeover can save K-Mart. Probably best to retire that brand and try and save Sears.

59 posted on 05/03/2012 11:11:20 AM PDT by Drew68 (I WILL vote to defeat Barack Hussein Obama!)
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To: Responsibility2nd

I think Mongomery W’s still has catalog ordering.


60 posted on 05/03/2012 11:20:57 AM PDT by Amberdawn
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