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J.C. Penney’s cash flow tells a sad story
Marketwatch ^ | 11/12/12 | Matt Andrejczak

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 company’s roughly year-old transform plan.

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


TOPICS: Business/Economy; News/Current Events
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To: Gabrial

I thought that was Target wit the salvation army situation.


51 posted on 11/12/2012 2:09:41 PM PST by Ted Grant
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To: MissMagnolia

I just use them for their bathrooms. It’s probably the nicest public bathroom in Herald Square nyc.


52 posted on 11/12/2012 2:11:33 PM PST by Ted Grant
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To: jimbo123

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.


53 posted on 11/12/2012 2:13:57 PM PST by Pollster1 (Freedom is never more than one generation away from extinction. - Ronald Reagan)
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To: jonrick46
My Grandfather, a close friend of J.C. Penney, is rolling in his grave.

Imagine what Walt Disney must be doing in his coffin. His goal was to make kids happy. Now, it's to get kids naked.

54 posted on 11/12/2012 2:16:01 PM PST by concerned about politics ("Get thee behind me, Liberal")
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To: martin_fierro
Whom in their right mind would think that is the best spokesman for your company?
55 posted on 11/12/2012 2:18:23 PM PST by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: HiTech RedNeck

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.


56 posted on 11/12/2012 2:19:21 PM PST by Donkey Odious ( Adapt, improvise, and overcome - now a motto for us all.)
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To: concerned about politics

BUMP!!


57 posted on 11/12/2012 2:20:20 PM PST by GeronL (http://asspos.blogspot.com)
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To: HiTech RedNeck; Migraine

Or wear a dress instead of jeans.


58 posted on 11/12/2012 2:20:28 PM PST by Tax-chick (Are you getting ready for the Advent Kitteh?)
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To: HiTech RedNeck

I like the music; I can do without the lyrics.


59 posted on 11/12/2012 2:21:17 PM PST by carriage_hill (America - a great idea while it lasted.)
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To: jimbo123
not sad..they went fora niche market.. 2% of the population ..not enough to keep them afloat
60 posted on 11/12/2012 2:22:52 PM PST by RnMomof7
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To: jimbo123

If James Cash was alive today, he would be pissed (and he would be 137 years old!!)


61 posted on 11/12/2012 2:25:42 PM PST by Donkey Odious ( Adapt, improvise, and overcome - now a motto for us all.)
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To: Publius

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.


62 posted on 11/12/2012 2:26:08 PM PST by rlmorel (1793 French Jacobins and 2012 American Liberals have a lot in common.)
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To: Donkey Odious

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


63 posted on 11/12/2012 2:27:16 PM PST by dfwgator
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To: South40

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.


64 posted on 11/12/2012 2:44:27 PM PST by madprof98
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To: Cricket24

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.


65 posted on 11/12/2012 2:46:23 PM PST by fwdude ( You cannot compromise with that which you must defeat.)
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To: jimbo123

Let’s suggest to intrade.com that they start a betting trade on who will go bankrupt first, NYT or JCP.


66 posted on 11/12/2012 2:47:37 PM PST by preacher (Communism has only killed 100 million people: Let's give it another chance!)
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To: jimbo123

I was customer for over 20 yrs. 29% interest rate. paid them off last yr. never again.


67 posted on 11/12/2012 2:48:41 PM PST by Donnafrflorida (Thru HIM all things are possible.)
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To: Ted Grant
I just use them for their bathrooms. It’s probably the nicest public bathroom in Herald Square nyc.

The JCPenney men's room at a North Dallas store was a homosexual proposition hot spot, until undercover police started doing stings.

68 posted on 11/12/2012 2:50:14 PM PST by fwdude ( You cannot compromise with that which you must defeat.)
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To: Gabrial

It happens when you put queers ahead of real and previously loyal customers. C’ya.


69 posted on 11/12/2012 2:53:59 PM PST by ThePatriotsFlag
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To: MissMagnolia

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.


70 posted on 11/12/2012 3:02:30 PM PST by macrahanish #1
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To: jimbo123
Are you kidding, of course she will!

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.

71 posted on 11/12/2012 3:03:53 PM PST by zerosix (Native sunflower)
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To: Publius

You forgot...

9. ALL employee parking places will have a sign proclaiming them “Employee of the Month”.


72 posted on 11/12/2012 3:18:15 PM PST by moovova
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To: jimbo123

As I said before:

To be perfectly fair, JCP’s stock has been tanking since 2007. It bounced back a bit in 2009. The problem is that JCP doesn’t have anything anyone wants. Trying to gay-wash their retail operations isn’t going to help at all - gay people wouldn’t 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 can’t say I participated in the boycott - because it isn’t a boycott if you weren’t going to shop there anyway. I haven’t bought anything from JCP in over 15 years. :P


73 posted on 11/12/2012 3:19:41 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Rashputin

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.


74 posted on 11/12/2012 3:20:10 PM PST by petercooper
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To: fwdude

Hahaha! I’ve never had any problems at Herald Square!


75 posted on 11/12/2012 3:22:35 PM PST by Ted Grant
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To: Buckeye McFrog
"You are being snarky, but FDR actually DID something like this to Montgomery Wards under the National Recovery Act."

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.

76 posted on 11/12/2012 3:33:01 PM PST by boop ("I need another Cutty Sark"-LBJ)
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To: boop

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.


77 posted on 11/12/2012 3:35:48 PM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: nascarnation
Hmm...my wife and I just went to K-mart a few weeks ago. It IS like a zombie wonderland. Literally. I noticed that they had 1/2 of the overhead fluorescent lights turned off. (Goin' green I'm sure!). No, it wasn't closing time. It made the place look so creepy.

Or maybe it was to disguise the shoddyness of the merchandise.

78 posted on 11/12/2012 3:47:26 PM PST by boop ("I need another Cutty Sark"-LBJ)
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To: fr_freak

Very astute post #49.


79 posted on 11/12/2012 3:48:36 PM PST by St_Thomas_Aquinas (Viva Christo Rey!)
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To: jimbo123

I hope they don’t run a Homo for the Holidays marketing plan for the rest of the year.


80 posted on 11/12/2012 4:06:55 PM PST by Rebelbase (The most transparent administration ever is clear as mud.)
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To: Rebelbase
Homo for the Holidays

LOL!
81 posted on 11/12/2012 4:14:52 PM PST by jimbo123
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To: fr_freak
I like your comment about the Commies destabilizing our country. I have been saying for a long time, we don't need to bomb the middle east with boom bombs. We need to drop porn bombs. I want to drop good ol' American porn in all their cities and towns. I want their kids and dads all looking at this porn that is dropped on them. I think it would totally mess with their culture. And not just porn, anything else of Western decadence.

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.

82 posted on 11/12/2012 4:19:55 PM PST by Pappy Smear (Steve King for Congress!)
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To: BereanBrain

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.


83 posted on 11/12/2012 4:32:08 PM PST by Anima Mundi (You can lead a brain to facts but you can't make it think.)
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To: Ted Grant

I checked and you are correct it was Target that banned the bell ringers.

I don’t shop there either!


84 posted on 11/12/2012 4:34:55 PM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: All

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.


85 posted on 11/12/2012 4:47:41 PM PST by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: jimbo123
pandering to the FILTHY 1% isn't good for the bottom line...
86 posted on 11/12/2012 5:19:42 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: HiTech RedNeck; Donkey Odious; Migraine

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. ;-)


87 posted on 11/12/2012 5:38:48 PM PST by Tunehead54 (Nothing funny here ;-)
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To: Tax-chick

Since we’re all going Greek, why not the fellas too?


88 posted on 11/12/2012 7:04:31 PM PST by HiTech RedNeck (How long before all this "fairness" kills everybody, even the poor it was supposed to help???)
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To: Anima Mundi

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!


89 posted on 11/12/2012 8:44:29 PM PST by BereanBrain
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To: jimbo123

J. C. Pennyless?


90 posted on 11/12/2012 9:43:59 PM PST by QT3.14 ( USA: Likely only country in world history to adopt policies and laws that ensure self-destruction)
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To: pepsionice

what’s the point? A department store sells on name as well and JCP’s is mud right now.


91 posted on 11/13/2012 3:18:40 AM PST by Cronos (**Marriage is about commitment, cohabitation is about convenience.**)
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To: Morris70

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”


92 posted on 11/13/2012 5:30:29 AM PST by Rightly Biased (Avenge me Girls AVENEGE ME!!!! ( I don't have any son's))
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To: Rightly Biased

Generally speaking they don’t really spend much money on their partner.


93 posted on 11/13/2012 5:58:40 AM PST by Morris70
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To: Morris70

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.


94 posted on 11/13/2012 6:28:51 AM PST by Rightly Biased (Avenge me Girls AVENEGE ME!!!! ( I don't have any son's))
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To: Rightly Biased

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.


95 posted on 11/13/2012 6:39:32 AM PST by Morris70
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To: Morris70

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.


96 posted on 11/13/2012 7:04:37 AM PST by Rightly Biased (Avenge me Girls AVENEGE ME!!!! ( I don't have any son's))
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To: Rightly Biased

Agree. Turning away both gays and non gays while catering to gays.


97 posted on 11/13/2012 7:21:11 AM PST by Morris70
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