Skip to comments.J.C. Penney’s cash flow tells a sad story
Posted on 11/12/2012 1:29:03 PM PST by jimbo123
J.C. Penney shares were the biggest S&P 500 percentage decliner Monday, tumbling 11% to $18.41 in afternoon trades as investors seem to be growing impatient with the companys roughly year-old transform plan.
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I thought that was Target wit the salvation army situation.
I just use them for their bathrooms. It’s probably the nicest public bathroom in Herald Square nyc.
I used to purchase a significant fraction of my clothing at Penney’s. Once that junk mail came to home, I stopped even looking at their prices. I’m overdue for new clothes, but they won’t come from that establishment.
Imagine what Walt Disney must be doing in his coffin. His goal was to make kids happy. Now, it's to get kids naked.
Wranglers - the official State jeans of Texas...well, at least they should be. I wore Levi’s for years until they started giving their $$ to a plethora of left-wing causes. No more Levi’s for me, thank you.
Or wear a dress instead of jeans.
I like the music; I can do without the lyrics.
If James Cash was alive today, he would be pissed (and he would be 137 years old!!)
That was the thing that struck me years ago when I first read AS with open eyes.
The legislation in that book sounded so...plausible.
And now...well, nothing more needs saying.
John Wayne’s not dead - he’s frozen! And when we find a cure for cancer, we’re gonna thaw out the Duke and he’s gonna be pretty pissed off. You know why? You ever taken a cold shower? Well, multiply that by 15 million times. That’s how pissed off the Duke’s gonna be. - Dennis Leary
I just asked them to stop sending me email about my “Rewards” from them. Not only did I get no response; I also get more of those emails than ever.
They used to have quality stuff. I loved their Stafford Executive shirts. And their shoes. Solid.
But over the years, they because bidding this stuff out to some of the crappiest manufacturers. It’s like third world market stuff now. And the face pierced kids with tats slouching around the sale floor to “help” you was the last nail in the coffin. The homo stuff later on just confirmed my decision for me.
Let’s suggest to intrade.com that they start a betting trade on who will go bankrupt first, NYT or JCP.
I was customer for over 20 yrs. 29% interest rate. paid them off last yr. never again.
The JCPenney men's room at a North Dallas store was a homosexual proposition hot spot, until undercover police started doing stings.
It happens when you put queers ahead of real and previously loyal customers. C’ya.
I would suspect that this was an attempt to skew toward younger lesbians. The percentage of college aged and younger lesbians is closer to 10% I’d wager.
If spokeswoman had been, say, Marie Osmond or well-known Christian entertainer, the answer would be, no way but then again Penny's didn't hire a Christian woman did they.
9. ALL employee parking places will have a sign proclaiming them “Employee of the Month”.
As I said before:
To be perfectly fair, JCPs stock has been tanking since 2007. It bounced back a bit in 2009. The problem is that JCP doesnt have anything anyone wants. Trying to gay-wash their retail operations isnt going to help at all - gay people wouldnt be caught dead in JCP merchandise as it is not stylish enough, and it would just turn off whatever conservative or religious shoppers (not just Christian, but Jewish and Islamic) that still shop there (for whatever reason.
Personally, I cant say I participated in the boycott - because it isnt a boycott if you werent going to shop there anyway. I havent bought anything from JCP in over 15 years. :P
Just an observation, as I have nothing against Down’s Syndrome kids, but Target’s latest catalog is replete with several different kids having Down’s.
Hahaha! I’ve never had any problems at Herald Square!
Ah, yes Montgomery Wards. I remember shopping there about 30 years ago.
Seriously, I don't see how places like JCP, K-mart and Sears are still around. Sears has a couple of things going for them, like Craftsman tools, and I like their appliances. Plus Sears is pretty good about honoring warranties and has a fleet of repairmen. Other than that, who really goes there any more?
It's mostly Walmart and Target for the economy minded nowadays.
We have a K-mart in our town right down the street from the Wal Mart.
It’s truly a zombie store, full of merchandise but no people.
Been this way for years now, don’t know how they keep going.
Or maybe it was to disguise the shoddyness of the merchandise.
Very astute post #49.
I hope they don’t run a Homo for the Holidays marketing plan for the rest of the year.
I want to destroy their culture. I'm happy for them to live in as Muslims in name only, kinda like European Christianity. I don't really want to kill them all. I am quite content for their culture to be rotted, much like ours has been.
There was a time when retail stores were about selling goods and not about social agendas, a time when the military was about protecting the country, not running social experiments, a time when schools were about educating minds, not teaching sexual moves to our children. What in the world has happened in this country? There is now NOTHING that is free of politics and social agendas, from the bags we put our groceries in, to the politically correct foods we buy, to the cars we drive, the clothes we wear, the entertainers we watch, the light bulbs we use. There is no peace, no refuge from their tight-lipped determined agendas to have power over us. Even our private friendships and family ties are under direct assault.
I checked and you are correct it was Target that banned the bell ringers.
I don’t shop there either!
I never understood this move.
Doing a cursory review of their demographic appeal, it’s not like there are a large number of gays that want to spend money in discount retailers so much so you need to do a national campaign. It yielded them no business, they got hammered by the right and the left hung them out to dry because they won’t miss a place they don’t shop in anyway.
Didn’t they test this before the roll out to a national campaign. Gays looking for discounts already have their store, Target.
I predicted they would not make it past 2013.
Glenn Beck has a start up company using the original looms (or some such) for denim and 100% made in the US of A.
Just a listener, no connection, find your own link. Only thing before searching ... I think he’s charging $120.00 a pair. LL Bean has good jeans with a stretchy waist which I appreciate. ;-)
Since we’re all going Greek, why not the fellas too?
Your comments sir, strike a BIG note.
Can I convince you to write a letter to the editor of any major paper near you?
I think a lot of people are fed up with having political agenda shoved down our throat, even if we don’t open our mouths!
J. C. Pennyless?
what’s the point? A department store sells on name as well and JCP’s is mud right now.
So how do you know Gay people have more disposable income?
My Wife used to love JCP until they stopped the Coupon’s...Now not so much.
Its like a hunt for her to get a “deal”
Generally speaking they don’t really spend much money on their partner.
And this is documented... How do you know?
I don’t spend much on my wife? I am a cheapskate does that make me Gay?
All I’m saying in a round about way is Generalites are what the mainstream media does and we are BETTER than that.
Hear it all the time on the radio.
More gays buy luxury cars because they don’t spend their income buying presents for each other.
Sorry I don’t believe it...
JCP going down the path of marketing to 1%of the US population is stoopid Just as stoopid as quitting coupons.
My wife and her shopping buddies have said that more than once so Bealls is thier new shopping place... its about the hunt not the homo.
Agree. Turning away both gays and non gays while catering to gays.