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J.C. Penney says President Francis is leaving
Fox News ^ | 6/18/2012 | AP

Posted on 06/19/2012 8:13:51 AM PDT by ponygirl

In the latest sign of turbulent times at J.C. Penney Co., the mid-price department store chain said Michael Francis, the former Target Corp. executive brought in to help redefine the brand, is leaving the company. In a terse statement issued late Monday, the department store operator gave no reason for the abrupt departure of Francis, who had been on the job for a little over eight months. As president, Francis was responsible for the marketing of a controversial new pricing plan that aims to get rid of hundreds of sales events. He was also oversaw merchandising and product development.

Shares fell nearly 6 percent in after-hours trading.

Read more: http://www.foxnews.com/us/2012/06/18/jc-penney-says-president-francis-is-leaving/#ixzz1yFi5lKfu

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


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: bankruptcy; corporateamerica; fired; gayagenda; homosexual; homosexualagenda; jcpenney; retail; stocks
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No mention of the gay Mother's and Father's Day ads that went over with the public like a ton of bricks.
1 posted on 06/19/2012 8:13:55 AM PDT by ponygirl
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To: ponygirl

I’ll never understand why well established brands spend egregious coin rebranding themselves instead of providing new products or services.

Eliminating sales was just plain stupid.

My grandmother could have told him that...


2 posted on 06/19/2012 8:18:59 AM PDT by TSgt (The only reason I have one in the chamber at all times, is because it is impossible to have two in.)
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To: ponygirl
Whatever.

 

Not like I'm going back.

 


3 posted on 06/19/2012 8:20:07 AM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: ponygirl

Heterophobic Marketing Strategy wasn’t the way to go?


4 posted on 06/19/2012 8:23:03 AM PDT by Brownie63
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To: ponygirl

It’s incontrovertible that their recent merchandising changes have proven disastrous.

I know people who used to shop with them regularly who are extremely unhappy and simply vacated the place.

This was prior to any gay ads, though I’m sure that didn’t help.


5 posted on 06/19/2012 8:25:57 AM PDT by txrangerette ("HOLD TO THE TRUTH...SPEAK WITHOUT FEAR." - Glenn Beck)
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To: Brownie63

That’s not why their stores now look as empty as the Moon.

It was unpopular merchandising changes, if you read what the article is “crediting” this departing executive with, who implemented them for eight months and created an utter debacle.

I’m sure gay ads didn’t help, but if you assume this is all about gay ads you’d be way off.

People I know who abandoned the store did it from day one of the merchandising changes they despised and before any gay ads ran.


6 posted on 06/19/2012 8:31:53 AM PDT by txrangerette ("HOLD TO THE TRUTH...SPEAK WITHOUT FEAR." - Glenn Beck)
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To: ponygirl

Yet another sign of the eventual demise of this once-great retailer. Pandering to gay consumers was an act of desperation, and only served to alienate their other customers. Early next year, look for J.C. Penney to announce they are closing some of their “less profitable” stores. Hopefully new management will take over, put an end to this ridiculous marketing strategy based on political correctness, and will redirect the company’s focus back towards their more traditional customers.


7 posted on 06/19/2012 8:32:51 AM PDT by GreenHornet
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To: ponygirl

Will the company thus end the celebration of sodomy in its marketing campaign?


8 posted on 06/19/2012 8:35:40 AM PDT by SoFloFreeper
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To: ponygirl
No mention of the gay Mother's and Father's Day ads that went over with the public like a ton of bricks.

Yep. trying to suck in new customers won't lick your financial problems.

Guess somebody actually believed 2% of the population really really really has more money than the other 98%.

That's like somebody throwing their entire life savings into lottery tickets because there is so much money in the lottery.

9 posted on 06/19/2012 8:36:12 AM PDT by N. Theknow (Kennedys=Can't drive, can't ski, can't fly, can't skipper a boat, but they know what's best for you.)
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To: ponygirl

Will the company thus end the celebration of sodomy in its marketing campaign?


10 posted on 06/19/2012 8:36:39 AM PDT by SoFloFreeper
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To: ponygirl
My spouse regularly shopped at JC Penney. After their egregious stunt of pandering to homosexuality she totally stopped shopping there. How about that. A middle-American merchandiser cuts hard across the grain of middle America to appeal to .05% of a special interest group and they wonder why sales have dropped like a brick.
11 posted on 06/19/2012 8:37:12 AM PDT by Obadiah (2008: Hope & Change -- 2012: Fear & Destruction)
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To: ponygirl

Will the company thus end the celebration of sodomy in its marketing campaign?


12 posted on 06/19/2012 8:39:02 AM PDT by SoFloFreeper
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To: ponygirl

I doubt they’ll gain back the confidence of the consumer just because they stop being GayC Penney. (if the do) I would never entertain the notion of returning to this store. Can’t trust them now.


13 posted on 06/19/2012 8:42:18 AM PDT by albie
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To: Obadiah

As if gays would pile into their faux-wood-trimmed station wagons with test-tube kids in the way-back and motor on down to a J.C. Penneys anyway!


14 posted on 06/19/2012 8:44:18 AM PDT by duckworth (Perhaps instant karma's going to get you. Perhaps not.)
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To: txrangerette
I’m sure gay ads didn’t help, but if you assume this is all about gay ads you’d be way off.

Before the homosexual ads showed up in May and June, there was the hiring of Ellen to be the face of JCP.

My wife and I cut up our JCP cards that day.

To this day I refuse to even enter a Chili's restaurant because of their homosexual spokesperson from years ago.

And I also announced the other day at the car wash that I would not be back as their TV set in the waiting room was always tuned to Ellen.

15 posted on 06/19/2012 8:44:35 AM PDT by N. Theknow (Kennedys=Can't drive, can't ski, can't fly, can't skipper a boat, but they know what's best for you.)
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To: ponygirl

They endorse homo marriage. I will never shop there again.


16 posted on 06/19/2012 8:46:25 AM PDT by Signalman ( November, 2012-The End of an Error)
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To: All

Please stop using the term “gay”. There is nothing “gay” about these perverts. They are homosexuals, sodomites, plain and simple. I have a lovely sister whose name is Gay and I cringe every time I see the term “gay” used for perversion. This is their way of making it seem like what they do is OK, and it’s not. We shouldn’t indulge them by using their verbage.


17 posted on 06/19/2012 8:49:00 AM PDT by murron (Proud Mom of a Marine Vet)
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To: ponygirl

JC and a ton of other retailers forgot one important aspect of the ‘shopping experience’ for many.

It’s recreational.

Sure, you need ‘stuff’ but you can fill than need at another retailer if you aren’t enjoying the ‘shopping experience. And gutting the ‘sales’ that many enjoy, thought they aren’t really sales at all, or associating the brand with a 2% minority when the vast majority are on/of a different mindset greatly reduces the desire to ‘recreate’ in that facility/with that company.

JC and like outlets/retailers have pushed customers to the competition or just eliminated the recreational aspect overall for their primary base - women with credit cards. They now just shop online or at places where they don’t have their ‘fun’ removed by corporate policy. And the money they save gets spent on other ‘fun’ activities.

Perhaps they should have asked actual shopping women or their husbands for this bit of info rather that a guy wishing he was a woman.


18 posted on 06/19/2012 8:50:53 AM PDT by Norm Lenhart
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To: Responsibility2nd
We all make mistakes. Some are more egregious than others. Some of the best old businesses for the average buyer are gone, CR Anthony's, Sears & Roebuck, Montgomery Wards has changed extensively, Walmart has proved to be tough stiff competition which has caused many changes. Penny's has had good quality basic items and some nice leathers coats vest, Jackets, etc.,

Society changes has forced many stores to revamp. It is a tough business. Things get soiled, stolen, styles constantly changing. This last advertising JC Pennys has been doing is very costly and not that enticing. MOO! This guy has lost business and perhaps many customers. Hopefully they can recover.

19 posted on 06/19/2012 8:50:53 AM PDT by geologist (The only answer to the troubles of this life is Jesus. A decision we all must make.)
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To: TSgt

I used to LOVE JCP. But this new marketing ploy is not good. I do not even look at their ads. Even if I was not offended by their trend toward supporting gay families, I hate the “specific” single item strategy in their recent ads. They show like ONE polo shirt style, say the price is always $19.99 or whatever... instead of having a sale of 40% off on all men’s knit shirts. If I don’t like the one pictured, I am not even going there. If I do like the one pictured, I am not going there, because it would seem like the single item might be selling in the hundreds or thousands, and who wants the same shirt everyone else has?

I was in the store a few months back, looking for “clearance” racks on baby clothes. They did not have “clearance” racks any more. Not good.


20 posted on 06/19/2012 8:52:43 AM PDT by NEMDF
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