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J.C. Penney swings to loss, suspends dividend (Thanks to Ellen Degeneres...)
Marketwatch ^ | 5/15/12 | Andria Cheng

Posted on 05/15/2012 4:57:17 PM PDT by jimbo123

J.C. Penney Co., which is making major pricing and merchandising changes, said Tuesday that it swung to a first-quarter loss that was larger than expected and that it no longer expects to meet its previous profit forecast for the year.

-snip-

The net loss was $163 million, or 75 cents a share, compared with a profit of $64 million or 28 cents a share a year earlier. Sales in the quarter ended April 28 fell 20% to $3.15 billion.

(Excerpt) Read more at marketwatch.com ...


TOPICS: News/Current Events
KEYWORDS: blunders; fail; homosexualagenda; jcpenny; lesbianfail; obamasgayweek; pinkmafia; retail; tunafish
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Sales plunge 20% after JCP hires Ellen Degeneres as their spokeslesbian and they're calling it unexpected? Fools.
1 posted on 05/15/2012 4:57:20 PM PDT by jimbo123
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To: jimbo123; Sirius Lee; lilycicero; MaryLou1; glock rocks; JPG; Monkey Face; RIghtwardHo; ...
+

Freep-mail me to get on or off my pro-life and Catholic List:

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2 posted on 05/15/2012 4:59:47 PM PDT by narses
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To: jimbo123
Hire some more queers; run some more queer-friendly advertising...that's the ticket.
3 posted on 05/15/2012 5:00:19 PM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: jimbo123
Kind of too bad. "Penny's" started out and flourished as a Christian-based enterprise.
4 posted on 05/15/2012 5:02:46 PM PDT by hinckley buzzard
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To: jimbo123

J.C. Penney swishes to loss.


5 posted on 05/15/2012 5:03:04 PM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: jimbo123

That coupled with their decision to no longer have sale prices in a sales conscious world is going to do them in. And I thought KMart/Sears would be gone before them.


6 posted on 05/15/2012 5:03:04 PM PDT by kempster
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To: jimbo123

I’ll say this about Ellen Degereres: she’s not Rosie O’Donnell.


7 posted on 05/15/2012 5:05:04 PM PDT by USFRIENDINVICTORIA
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To: jimbo123

I have recently seen JCP commercials, which seem to “date back” to the good ole days.


8 posted on 05/15/2012 5:05:04 PM PDT by NoGrayZone (For evil to triumph it is only necessary for good men to do nothing.)
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To: jimbo123

Well my wife shops at Penney’s and the bottom line is that women liked the coupon gimmicks, etc. (they liked being confused, which says a lot about the state of the nation today) She buys less stuff now at Penney’s than she did before the change.


9 posted on 05/15/2012 5:05:13 PM PDT by golas1964 (Obama must be defeated in 2012)
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To: narses

It amazed me that Cover Girl was featuring degeneris. Someone should tell them: SHE’S A GUY!!!


10 posted on 05/15/2012 5:06:23 PM PDT by freedumb2003 ('RETRO' Abortions = performed on 84th trimester individuals who think killing babies is a "right.")
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To: who knows what evil?
That's what I thought. Appeal to the gay population, and when called on it, Penneys triples down.

Not to mention the oldsters who love them some coupons. Take those away, along with "sales".

Who's the CEO? Is he intentionally trying to ruin a 120 year old company?

Brilliant, just brilliant.

11 posted on 05/15/2012 5:08:36 PM PDT by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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To: freedumb2003

No, she’s a woman. No matter what she does to her appearance, she’s still a woman.


12 posted on 05/15/2012 5:08:43 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: jimbo123

Won’t be shopping at JC Homo anytime soon.


13 posted on 05/15/2012 5:09:03 PM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: who knows what evil?

14 posted on 05/15/2012 5:09:24 PM PDT by jimbo123
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To: jimbo123

Isn’t this the company that eliminated store sales, lowered prices, and then said customers will now be flowing through the doors becasue of this new pricing policy?


15 posted on 05/15/2012 5:10:10 PM PDT by rawhide
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To: jimbo123

Another retail dinosaur.

When you think about it, physical retail that is working now: Costco, Walmart / Sams, Home Depot. For just about anything else there’s on-line. It can wait.

Plenty of restaurant chains are doing well.


16 posted on 05/15/2012 5:10:35 PM PDT by cicero2k
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To: jimbo123

Actually thanks to Ron Johnson. Great move board of directors! Keep it up.


17 posted on 05/15/2012 5:10:39 PM PDT by SQUID
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To: Red_Devil 232

Jc Penney sashays to losses.


18 posted on 05/15/2012 5:10:47 PM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: jimbo123

Doncha’ just love how he bites his lower lip to show how cool he is dancing with the he/she homo?


19 posted on 05/15/2012 5:11:06 PM PDT by laweeks
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To: trisham

>>No, she’s a woman. No matter what she does to her appearance, she’s still a woman.<<

OK, she’s a MASCULINE woman — almost a GUY!

Why buy eye shadow pushed by Jean Claude Van Damme?


20 posted on 05/15/2012 5:11:40 PM PDT by freedumb2003 ('RETRO' Abortions = performed on 84th trimester individuals who think killing babies is a "right.")
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To: Red_Devil 232

Pirouette’s to losses could work too. Possibly carpet munches to losses could work.


21 posted on 05/15/2012 5:12:15 PM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: USFRIENDINVICTORIA

I really like Ellen, she is very funny likeable person,she doesnt use her show to soapbox her political views


22 posted on 05/15/2012 5:13:16 PM PDT by AmonAmarth (Wherever you go...There you are)
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To: laweeks

ALL of my clothes growing up were from either Sears or Penny’s. My Mama ordered everything via catalog.


23 posted on 05/15/2012 5:13:53 PM PDT by Mmogamer (I refudiate the lamestream media, leftists and their prevaricutions.)
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To: golas1964
"Well my wife shops at Penney’s and the bottom line is that women liked the coupon gimmicks, etc. (they liked being confused, which says a lot about the state of the nation today) She buys less stuff now at Penney’s than she did before the change."

Come to think of it, I've noticed the same. My wife used to be giddy at getting those coupons in the mail all the time, and used to end up in one of their stores every week. I hadn't noticed her not getting any more coupons, but come to think of it, I don't think we've seen one in a few weeks and she hasn't shopped there recently.

24 posted on 05/15/2012 5:13:53 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: hinckley buzzard

Which is exactly why they are being destroyed.


25 posted on 05/15/2012 5:14:04 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: jimbo123

I learned that JFK had been shot while shopping at Penny’s


26 posted on 05/15/2012 5:14:13 PM PDT by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
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To: freedumb2003

I don’t understand a cologne company having Mathew McConaughey as their spokesperson. He said on TV that he doesn’t use any.


27 posted on 05/15/2012 5:15:26 PM PDT by Terry Mross ("It happened. And we let it happen." Peter Griffin - FAMILY GUY)
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To: jimbo123

I know more people, including my wife, who wrote off JCP because of the Degenerate one, than their pricing.


28 posted on 05/15/2012 5:16:27 PM PDT by BaylorDad (I can't always buy American, but when I can, it's not UAW!)
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To: AmonAmarth
Actually that's false. DeGeneres lent herself to pro-abortion ads back in the 90s, and has been very active on Twitter about how cool the gay president is.

She is the epitome of political activist in her off hours.

29 posted on 05/15/2012 5:16:44 PM PDT by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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To: jimbo123

They said people are shopping for “social values”.

I wonder what the mark up is on those?

Doesn’t sound profitable to start making political statements when you are on the edge of bankruptcies.


30 posted on 05/15/2012 5:17:29 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: hinckley buzzard

JC Penny needs to stick to it’s knitting. They have always been a “family” type store.

Have a queer like Ellen Degenerate as their “spokesperson” is not very bright.


31 posted on 05/15/2012 5:18:00 PM PDT by upchuck (Need is not an acceptable lifestyle choice; dependent is not a career. ~ Dr. Tim Nerenz)
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To: bert
"I learned that JFK had been shot while shopping at Penny's.

Well, he might have been on his way to Penny's, but he wasn't shot there.

32 posted on 05/15/2012 5:19:31 PM PDT by diogenes ghost
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To: AmonAmarth

Ellen DeGeneres Rips One Million Moms’ Anti-Gay Boycott, Thanks JC Penney Partnership Supporters

On an episode of her show today, DeGeneres speaks at length about the online boycott launched by OneMillionMoms.com, a division of the American Family Association, who have pressed the retail chain to replace the talk show host because she is a lesbian.

“They wanted to get me fired, and I’m proud and happy to say that JCPenney stuck by their decision to make me their spokesperson,” she says. “Which is great news for me because I also need some new crew socks.”

Reading through several comments written in her defense on the group’s Facebook page, she goes on to note, “I usually don’t talk about stuff like this on my show, but I really want to thank everyone who is supporting me. Here are the values I stand for: I stand for honesty, equality, kindness, compassion, treating people the way you’d want to be treated and helping those in need. To me, those are traditional values. That’s what I stand for.”

http://www.huffingtonpost.com/2012/02/08/ellen-degeneres-one-million-moms-jc-penney_n_1262623.html


33 posted on 05/15/2012 5:20:04 PM PDT by kcvl
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To: AmonAmarth

“...I really like Ellen, she is very funny likeable (sic) person...”
-
She is a queer.
That is all you need to know.


34 posted on 05/15/2012 5:20:04 PM PDT by Repeal The 17th (We have met the enemy and he is us.)
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To: hinckley buzzard

Jcp remains a really good store, one of our favorites. But now that we learn this, (alas, what a shame) we will try to take our business elsewhere. Thanks for the info


35 posted on 05/15/2012 5:21:34 PM PDT by faithhopecharity (remember when "Four more years!" was a credible campaign slogan for an incumbent?)
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To: AmonAmarth

>>I really like Ellen, she is very funny likeable person,she doesnt use her show to soapbox her political views<<

She literally killed her sitcom by coming out.

She is a symbol.
I can’t watch her.


36 posted on 05/15/2012 5:21:44 PM PDT by netmilsmom (Romney scares me. Obama is the freaking nightmare that is so bad you are afraid to go back to sleep)
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To: Terry Mross

>>I don’t understand a cologne company having Mathew McConaughey <<

I don’t understand the popularity of Mathew McConaughey. He is the only actor more boring than Keanu Reeves.


37 posted on 05/15/2012 5:21:51 PM PDT by freedumb2003 ('RETRO' Abortions = performed on 84th trimester individuals who think killing babies is a "right.")
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To: Secret Agent Man
The dope who sold the CEO on these changes should be drawn and quartered by the Penneys shareholders.

Just do some simple math. If the population is at MOST 1-3% homosexual, if EVERY single one started shopping at Penneys, it wouldn't come close to the losses they're going to suffer. And I'm not sure gays EVER shopped there in the first place.

Really foolish on so many levels.

38 posted on 05/15/2012 5:22:23 PM PDT by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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To: AmonAmarth
I really like Ellen, she is very funny likeable person,she doesn't use her show to soapbox her political views.

Post #14 indicates otherwise...

39 posted on 05/15/2012 5:22:57 PM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: AmonAmarth

No she’s not and yes she does.........


40 posted on 05/15/2012 5:23:06 PM PDT by BamaDi ("The definition of a racist today is anyone who is winning an argument with a liberal.")
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To: AmonAmarth

You don’t call dressing like a man showcasing her views?


41 posted on 05/15/2012 5:23:17 PM PDT by Venturer
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To: jimbo123

But she wasn’t the first though. Remember the Airplane movie? The gay guy working in the tower yelling There’s a White Sale at Penny’s LOL.


42 posted on 05/15/2012 5:24:13 PM PDT by cva66snipe (Two Choices left for U.S. One Nation Under GOD or One Nation Under Judgment? Which one say ye?)
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To: USFRIENDINVICTORIA
ote: I’ll say this about Ellen Degereres: she’s not Rosie O’Donnell.

Ellen Degenerate is another no talent hack just Like Rosie O'Donuts.

43 posted on 05/15/2012 5:24:33 PM PDT by Ouderkirk (Democrats...the party of Slavery, Segregation, Sodomy, and Sedition)
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To: upchuck


"And we stand squarely behind Ellen as our spokesperson and that's a great thing. Because she shares the same values that we do in our company. Our company was founded 110 years ago on the golden rule, which is about treating people fair and square, just like you would like to be treated yourself. And we think Ellen represents the values of our company and the values that we share."
44 posted on 05/15/2012 5:25:07 PM PDT by jimbo123
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To: jimbo123; Sirius Lee; lilycicero; MaryLou1; glock rocks; JPG; Monkey Face; RIghtwardHo; ...
+

Freep-mail me to get on or off my pro-life and Catholic List:

Add me / Remove me

Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of general interest.


45 posted on 05/15/2012 5:25:50 PM PDT by narses
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To: jimbo123

Like K-Mart and Rosie...


46 posted on 05/15/2012 5:26:29 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: netmilsmom

>>She literally killed her sitcom by coming out.<<

Agreed. Before her coming out (although that episode was funny), the show was hilarious. After that it was “Ellen — let me find you a GAY WOMAN (*snicker*)”

And as wish so many gays, she made her whole life and new shows about her sexuality (or lack thereof).


47 posted on 05/15/2012 5:26:46 PM PDT by freedumb2003 ('RETRO' Abortions = performed on 84th trimester individuals who think killing babies is a "right.")
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To: jimbo123
WOW! The Penneys CEO is the stereotypical gay guy. No surprises here.

He really overestimates how much people want to be pro-gay.

It stops at their wallets.

48 posted on 05/15/2012 5:29:20 PM PDT by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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To: narses

Sodomy doesn’t sell


49 posted on 05/15/2012 5:29:24 PM PDT by Ouderkirk (Democrats...the party of Slavery, Segregation, Sodomy, and Sedition)
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To: KoRn; golas1964
"Come to think of it, I've noticed the same. My wife used to be giddy at getting those coupons in the mail all the time, and used to end up in one of their stores every week. I hadn't noticed her not getting any more coupons, but come to think of it, I don't think we've seen one in a few weeks and she hasn't shopped there recently."

Same here. I liked Penneys for stuff like colored tees to wear with yoga pants, and pajama pants. It was fun to take in one of those coupons and pay two bucks for a pair of pjs. Now, they have some messed-up sales thing that they change every two weeks, and less merchandise on the floor. Also, the tees they sell are all larges and extra larges, with only a few smaller sizes sprinkled in between. Who needs it.

50 posted on 05/15/2012 5:33:58 PM PDT by CatherineofAragon (Time for a write-in campaign...Darryl Dixon for President)
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