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J.C. Penney cutting 2,000 jobs, closing 33 stores
CNN ^ | January 15, 2014

Posted on 01/15/2014 2:54:54 PM PST by Zakeet

The bad news continues at J.C. Penney.

The ailing retailer announced Wednesday that it was cutting 2,000 jobs and closing 33 "underperforming" stores in an effort to rein in expenses.

The store closings -- listed here -- are likely to be complete by early May. J.C. Penney said it expected the moves to generate $65 million in annual cost savings.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: absolutemorals; economy; homosexualagenda; jcpenney
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To: Zakeet
Good Riddance the Hazleton PA store sucks.
21 posted on 01/15/2014 3:29:32 PM PST by angcat
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To: Zakeet

Yeah, those ads are disgusting.

I still shop JCP because they are the only store carrying clothes that actually FIT ME without alterations. I’m happy to see they are not closing stores in my area. Also, I’ve never had a rude salesperson there, glad the workers are not getting laid off. Economy is tough enough here.


22 posted on 01/15/2014 3:34:30 PM PST by Veto! (OPInions freely dispensed as advice)
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To: Zakeet

I wonder how Cheerios is doing without my support? The Publix “cheerios” are actually much better, and cheaper, and morally acceptable. (Wondering what a morally acceptable Cheerios is)


23 posted on 01/15/2014 3:38:50 PM PST by ThePatriotsFlag ("There never was a democracy yet that did not commit suicide." - Thomas Jefferson)
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To: Zakeet

They are closing the store near us in Phillipsburg N.J. We don’t go there but we do go to other stores in the mall. I hate to see the loss of jobs. Our County (Warren) is having a tough time in this winter of recovery and this will not help. The P Burg mall will lose an anchor store and probably close. That is not good for our County as most people will go across the Delaware River to Pa.


24 posted on 01/15/2014 3:39:02 PM PST by certrtwngnut (')
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To: stuck_in_new_orleans

A blind person could see this coming. When they clear isles, start all those marked down racks, it’s only a matter of time. Just like those that went before.


25 posted on 01/15/2014 3:40:06 PM PST by TribalPrincess2U (0bama's agenda—Divide and conquer seems to be working.)
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To: icwhatudo
Countdown to the freeper homosexual defense team spouting off it had nothing to with their ads in 3-2-1....

What are you talking about? I haven't seen anything like that here. I see a lot of RINO defense here, but never homo defense..

26 posted on 01/15/2014 3:41:54 PM PST by cardinal4
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To: ThePatriotsFlag

You do know that Publix pays Cheerios to put their name on them? You are still buying Cheerios!


27 posted on 01/15/2014 3:43:12 PM PST by SamAdams76
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To: stuck_in_new_orleans

Yeah, it sucked because it was going queer.


28 posted on 01/15/2014 3:46:13 PM PST by fwdude ( You cannot compromise with that which you must defeat.)
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To: robowombat

I wonder if the suburban mall is an endangered species in the US.

I know here in my corner of Europe, they’re doing good. There’s two in my town of 300,000 and a new tržnice - essentially, something like a flea market with multiple vendors - will open early this summer in a long-defunct steel mill that’s being renovated.

A major mall is opening right across the border in Poland this year, this spring.

But I think that shopping malls may be on the way out in the USA.


29 posted on 01/15/2014 3:47:41 PM PST by AnAmericanAbroad (It's all bread and circuses for the future prey of the Morlocks.)
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To: AnAmericanAbroad

“But I think that shopping malls may be on the way out in the USA.”

I doubt it, unless libs make them illegal. Where I live, some malls are thriving, some are struggling, and some new ones are even being built. The fate of a mall often hinges on the fate of its flagship store or - more often - on the decline of the surrounding neighborhood.


30 posted on 01/15/2014 3:54:43 PM PST by Steve_Seattle
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To: Zakeet; flaglady47; mickie; pax_et_bonum; seekthetruth; Maine Mariner; Chigirl 26; I still care; ...
Well, my JCP in Gulfview Square Mall is closing. I could see it coming a long time ago. The store has been completely devoid of customers, salespeeples and checkout stations for the past year.

Play the enemy's own game....put the blame four-square on the perp, i.e., IT'S THE ECONOMY, STUPID DEMS......THANK YOU, OBAMIE THE COMMIE!

Leni

31 posted on 01/15/2014 3:55:03 PM PST by MinuteGal
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To: SamAdams76

No these are not Cheerios...they are toasted oats, generic. They are not “Cheerios” ... Look like them, taste better, are larger,etc. Cost less too.


32 posted on 01/15/2014 4:10:13 PM PST by ThePatriotsFlag ("There never was a democracy yet that did not commit suicide." - Thomas Jefferson)
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To: Steve_Seattle

“it’s not a good idea to alienate 30% of your market to please 2%”

I can hear a loud “Amen” coming from the Cracker Barrel camp.


33 posted on 01/15/2014 4:10:35 PM PST by Tail Gunner John
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To: Zakeet

The faggots don’t care that their militancy is a big part of killing JCP. It’s just collateral damage in their war on morality and the family.


34 posted on 01/15/2014 4:14:46 PM PST by fwdude ( You cannot compromise with that which you must defeat.)
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To: SamAdams76

You do know that Publix pays Cheerios to put their name on them? You are still buying Cheerios!
************************
Exactly. I buy a lot of Great Value brands at WalMart, as they are the same as the major name brands... but cheaper.

Examples are milk, various Chex cereals, soups, frozen pancakes, etc.

I worked once for 6 weeks as a vacation relief worker at a Purex facility in the early 1960s. We bottled bleach and various other dishwashing and laundry products in containers bearing many different brands. One I recall was White Sail, which was the store brand for the A&P stores.


35 posted on 01/15/2014 4:17:12 PM PST by octex
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To: AnAmericanAbroad
But I think that shopping malls may be on the way out in the USA.

I think you're right.

One big reason: security. The social contract has been ruptured in so many ways, people aren't comfortable in large groups in enclosed places with no access control.

36 posted on 01/15/2014 4:25:11 PM PST by Steely Tom (If the Constitution can be a living document, I guess a corporation can be a person.)
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To: Zakeet
Maybe a Federal Judge can issue a decree that all faggots in the USA must shop at J.C. Penney or be imprisoned.

That ought to boost sales.

37 posted on 01/15/2014 4:27:12 PM PST by Rome2000 (THE WASHINGTONIANS AND UNIVERSAL SUFFRAGE ARE THE ENEMY -ROTATE THE CAPITAL AMONGST THE STATES)
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To: Zakeet

Penny’s management got what they asked for when they decided to pander to 1% of the population.

What possessed them to become a vehicle for promotion of sexual deviancy instead of doing their jobs of managing a profit making business?

They were the guardians of money invested by many thousands of stockholders but they placed their liberal agenda before the interests of their stockholders.

It’s too bad so many people have lost money and jobs because of their arrogance.


38 posted on 01/15/2014 4:37:47 PM PST by Iron Munro (Orwell: There are some ideas so absurd that only an intellectual could believe them.)
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To: AnAmericanAbroad

“I wonder if the suburban mall is an endangered species in the US.”

Oh, there’s no question about that at all. Covered malls are being torn down all over the U.S. right now and being replaced with a maze of stand-alone stores that you drive between and park in front of. This has been going on for over a decade.

Covered malls are basically dead. Too expensive to maintain. Draw hordes of feral yoots that drive off the REAL customers. And most people no longer have the money or time to “shop” by walking past a mile of boutique shops to get to the one shop they actually want to buy something from.


39 posted on 01/15/2014 4:43:06 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: CatherineofAragon

That’s for dang sure.


40 posted on 01/15/2014 4:43:18 PM PST by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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