Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

JCPenney filing reveals a surprising 43,000 job cuts
NY Post ^ | 3/21/13 | JAMES COVERT

Posted on 03/21/2013 10:24:05 AM PDT by jimbo123

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-88 last
To: editor-surveyor

LMAO! So my way of life of being a financial analyst and understanding business and markets it’s not normal? Who knew?


81 posted on 03/21/2013 6:35:10 PM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
[ Post Reply | Private Reply | To 80 | View Replies]

To: Wyatt's Torch

Great cover!

Our neighbor used the same cover until the feds caught him; real high roller. Wells Fargo doesn’t like him much though; got stiffed with a 2.5m mortgage from back in 05 when fools used to pay that kind of bread for a box to live in.


82 posted on 03/21/2013 6:41:21 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
[ Post Reply | Private Reply | To 81 | View Replies]

To: jimbo123

I had always bought curtains and bedding from them. When I got their first homosexual catalog, I got in touch with them and said quit sending me homosexual catalogs because I didn’t want homosexuals in my house. I cut up their credit card because I didn’t want the stench of that in my house.


83 posted on 03/21/2013 6:56:23 PM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: editor-surveyor

Sorry you neighbor is an idiot. However I have no clue what in the world with at has to do with me as I’m not stupid enough to have debt I can’t afford. Thanks for the irrelevant advice though...


84 posted on 03/21/2013 7:02:22 PM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
[ Post Reply | Private Reply | To 82 | View Replies]

To: Venturer; jimbo123

Does anyone even watch her show?


85 posted on 03/21/2013 8:04:24 PM PDT by Morgana (Always a bit of truth in dark humor.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Morgana

She still has it so,I suppose someone is watching.


86 posted on 03/22/2013 5:34:09 AM PDT by Venturer
[ Post Reply | Private Reply | To 85 | View Replies]

To: Wyatt's Torch
The home goods refocus is an emblem of JCP’s attempt to recapture their traditional core customer

As in many other fields, there's a lot/too much competition, and when you T-off your customer base, they go elsewhere and never come back.

Something like "An out of stock item is a lost sale".

87 posted on 03/22/2013 8:25:40 AM PDT by Oatka (This is America. Assimilate or evaporate.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: jimbo123

Ron Johnson ousted as JCP CEO. Stock explodes higher

Ron Johnson Out At JCPenney
Ashley Lutz | 25 minutes ago | 2,501 | 5
inShare

Email
More

ReutersRon Johnson is out as JCPenney CEO.
CNBC first cited an anonymous source who said that Johnson was out at the company.
Mike Ullman, the former chief executive of the company, will take the helm as interim CEO, according to CNBC.
Shares are already soaring up to 10 percent on the news.
Johnson took over 15 months ago and announced an aggressive plan to do away with the retailer’s popular coupon program and create shop-in-shops that showcased certain vendors.
But his turnaround strategy has largely failed, with sales down 32 percent in the fourth quarter.
As the company burned through available cash and resources, the industry was “taking bets” on when he would get fired, reported Richard Collings at The Deal.
Last week, it was revealed that his compensation package fell 97 percent.
Before his disastrous tenure at JCPenney, Johnson was considered a visionary for his work on the Apple retail stores.


88 posted on 04/08/2013 2:25:09 PM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-88 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson