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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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To: ponygirl

A big part of the problem is that his marketing strategy did not take into account the fact that women LIKE buying things on sale!

Shopping is no fun without a sale.


21 posted on 06/19/2012 8:59:57 AM PDT by tamster
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To: ponygirl
Francis was responsible for the marketing of a controversial new pricing plan that aims to get rid of hundreds of sales events.
The pricing plan is "controversial" but same-sex parents isn't? BS.
I thought the pricing plan was a great idea and would stop (and usually buy) at Penny's first when shopping.
But when they came out with the queer parents thing - I stopped going there completely.
22 posted on 06/19/2012 9:03:44 AM PDT by oh8eleven (RVN '67-'68)
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To: murron

I agree with you completely. I’m going to make an effort. “Please stop using the term “gay”. There is nothing “gay” about these perverts.”


23 posted on 06/19/2012 9:05:43 AM PDT by duckworth (Perhaps instant karma's going to get you. Perhaps not.)
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To: tamster
Shopping is no fun without a sale.

My wife cannot buy something without telling me how well it fits, how well it will go with her other "things", and how much she saved on it.

I cannot buy anything without saying how powerful it is, how it will go with my other "things", and how much time it will save me.

24 posted on 06/19/2012 9:06:00 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: murron

“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.”


I have tried for years to get FReepers to use SSAD (same sex attraction disorder) but it is hard to fight the wordsmiths on the left.

Their agenda may be completely wrong but like any good follower of Saul Alinsky, the left is very adept of perverting the language to make their perversion seem normal and main stream even when logic would always dictate they were 100% wrong.


25 posted on 06/19/2012 9:07:10 AM PDT by Wurlitzer (Nothing says "ignorance" like Islam!)
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To: tamster

While I’m not one of them, that seems to be the case.

There were lots of posts on their facebook page of women complaining about shopping no longer being fun and not feeling like they were getting good deals without coupons anymore.

I’d rather go in, know I’m going to get a good item at a fair price and get out. Shopping has never and will never be fun to me. I get hives just thinking about through racks! But I think I’m in the minority. =D


26 posted on 06/19/2012 9:09:53 AM PDT by Nickname
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To: ponygirl

Penny’s has had my last purchase when I saw their Father’s Day ad.


27 posted on 06/19/2012 9:18:55 AM PDT by kitkat (Obama, ROPE and CHAINS.)
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To: N. Theknow
Guess somebody actually believed 2% of the population really really really has more money than the other 98%.

The very idea is ridiculous. Since when did florist and hair stylist make more than the rest of us?
28 posted on 06/19/2012 9:20:34 AM PDT by youngidiot (Hear Hear!)
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To: Wurlitzer

>>>I have tried for years to get FReepers to use SSAD (same sex attraction disorder) but it is hard to fight the wordsmiths on the left.>>>

Love it!


29 posted on 06/19/2012 9:22:37 AM PDT by kitkat (Obama, ROPE and CHAINS.)
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To: geologist
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.,

Walmart has triumphed and the others you mentioned failed because Walmart is obsessed with keeping prices low. It's a great business model (Standard Oil, IKEA, etc). The other retailers eventually succumb to the idiotic idea that they can increase their markup (by "just a little") and it gets out of hand. They end up being overpriced and irrelevant.
30 posted on 06/19/2012 9:25:53 AM PDT by youngidiot (Hear Hear!)
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To: Wurlitzer
Their agenda may be completely wrong but like any good follower of Saul Alinsky, the left is very adept of perverting the language to make their perversion seem normal and main stream even when logic would always dictate they were 100% wrong.

It's not Alinsky they're following, but Satan - the first twister of words.

31 posted on 06/19/2012 9:34:59 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Wurlitzer

How about “Homosexual Queer”?


32 posted on 06/19/2012 9:56:43 AM PDT by US Navy Vet (Go Packers! Go Rockies! Go Boston Bruins! See, I'm "Diverse"!)
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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.

Not in my neighborhood - To many that I know, the gay thing was the last straw.


33 posted on 06/19/2012 10:13:21 AM PDT by bill1952 (Choice is an illusion created between those with power - and those without)
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To: ponygirl

Crow pie, anyone?

34 posted on 06/19/2012 10:29:10 AM PDT by Albion Wilde ("Real men are not threatened by strong women." -- Sarah Palin)
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To: ponygirl

I’m Expecting Jerry Sandusky to be named new spokesperson any minute now ...


35 posted on 06/19/2012 10:32:37 AM PDT by Bill Buckner
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To: Nickname

You always hear in corporate jargon that “change” is good. You have to be adaptive, exciting, inventive (think outside the box) or you will fall behind. Dependability is considered boring. Like the book “who moved my cheese”, but sometimes there are consequences for these “inventive” changes.

But let’s look at the examples of failed changes.

Just ask companies like Netflix who made these changes. Or makers of “new” Coke, Deloreans, Beta machines, and Edsels.


36 posted on 06/19/2012 10:50:47 AM PDT by skinndogNN
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To: txrangerette

I also did not like the gay ads, but you’re right the problems started before then. Their customer base had become accustomed to weekend coupon sales. You were never going to wean them onto an “every day low pricing” strategy. So having lost their traditional customer base, they set out after a new one (Gays and Metrosexuals) who would never be caught setting foot in JC Pennys.


37 posted on 06/19/2012 10:57:39 AM PDT by Buckeye McFrog
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To: ponygirl

Michael Francis

38 posted on 06/19/2012 11:00:09 AM PDT by kcvl
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To: kcvl

This one is a idiot.


39 posted on 06/19/2012 11:05:18 AM PDT by bmwcyle (Romney - not Obama - not a Conservative - not a real Christian)
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To: N. Theknow

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

Seems like “The New Math’ taught for the last 40 years or so isn’t really working.

Penny’s has lost me forever. I really liked their linens, too. Now I will have to search online, I guess.


40 posted on 06/19/2012 11:19:38 AM PDT by ridesthemiles
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