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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:

Add me / Remove me

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


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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