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JCPenney owners are 'set to offer to buy Kohl's' in deal that could value department chain store at $8.6 billion - just two years after it filed for bankruptcy and shut down 30% of its stores during the pandemic
Daily Mail UK ^ | April 25, 2022 | Alex Hammer

Posted on 04/25/2022 6:48:40 PM PDT by Morgana

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To: CFW

Remember Sears - KMart


21 posted on 04/25/2022 7:43:02 PM PDT by Rodm
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To: Morgana

The last time I was in JCPenney, all I wanted was a nice standard black skirt. I looked and looked and finally located a clerk and asked her where “business attire” black skirts were located. She replied, “I don’t think we have anything like that here for ‘your’ age.” I was about 53 or so at the time. They were trying to appeal to college students who would never be seen in their store anyway. This was about the time they were pushing the gay agenda. I never went there again.

The last time I was in Kohl’s, I was looking for a simple pair of jeans. They had none, absolutely none, in my size (5 ft tall and 120 lbs). The jeans they did have were all college-aged type jeans (pre-torn, cheap fabric etc), and they were all for “plus-sized” women. I haven’t been back since.

J.C. Penney had a loyal clientele that they pushed out the door while trying to attract new customers. (Everyone used to go to Penney’s for their Easter Sunday dress and their interview suit). Their old customers left but no new ones ever arrived. Kohl’s went from providing good basic and decently made clothing to cheap stuff that looked as if it came from the dollar store.

Until they return to providing quality basic goods for middle America, neither one of these brands will make a come-back.


22 posted on 04/25/2022 7:49:01 PM PDT by CFW
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To: Jane Long

The McDonald Brothers really got screwed. I mean it’s not Kroc’s fault for being a hard-nosed salesman, but the brothers should have gotten some top attorneys and made a deal. In the end, they only got $1 million apiece.


23 posted on 04/25/2022 8:07:33 PM PDT by Extremely Extreme Extremist
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To: Extremely Extreme Extremist
The McDonald Brothers really got screwed. I mean it’s not Kroc’s fault for being a hard-nosed salesman, but the brothers should have gotten some top attorneys and made a deal. In the end, they only got $1 million apiece.

It's like I read in those In-Flight Magazines, "You don't get what you deserve, you get what you negotiate."

24 posted on 04/25/2022 8:08:36 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Morgana

I like Kohl’s. Interesting.


25 posted on 04/25/2022 8:10:32 PM PDT by NetAddicted (Just looking)
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To: Morgana

26 posted on 04/25/2022 8:17:53 PM PDT by Trillian
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To: Extremely Extreme Extremist

Yep. So much for being nice guys. :-(


27 posted on 04/25/2022 8:18:19 PM PDT by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)
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To: CFW

Bring back Sears and the Sears & Roebuck catalogue!!


28 posted on 04/25/2022 8:19:25 PM PDT by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12)
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To: Morgana

If my memory serves me correctly, JC Penny would down the crapper after going “woke” by hiring Ellen Degenerate to be their spokesman.


29 posted on 04/25/2022 8:19:58 PM PDT by imabadboy99
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To: Morgana

Do it!! I stopped shopping JCP when it went woke years ago. I stopped shopping kohl’s when the severely over priced products and ripped me off over those stupid kohl’s cash racket. It’s like buying sears or Kmart. Kohls is in trouble imho.


30 posted on 04/25/2022 8:31:58 PM PDT by Donnafrflorida (Thru Him all things are possible.)
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To: Morgana

Yes, at least in Spokane. Macy closed a store in an area with rather high crime, has others nearby.


31 posted on 04/25/2022 8:46:37 PM PDT by Veto! (Political correctness offends me)
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To: dfwgator
You are so right. I saw The Founder movie too.

Interestingly, I recently had a complaint with Walmart, so I looked on their headquarters website for a list of their executives, vice-presidents and such. I could not believe what I found.

There are no VPs involved in customer relations or merchandising. Go to the Walmart headquarters website and you will see almost all VPs, and there are very many, and executives are in charge of something to do with real estate. Unbelievable.

32 posted on 04/25/2022 8:48:41 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: Rodm
Remember Sears - KMart

KMart-Sears Roebuck
KMart-Sears Roebuck
K-Suck

33 posted on 04/25/2022 9:21:33 PM PDT by Pilsner
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To: Morgana

Both companies are doomed. Visit their leadership teams’ websites. Nothing but the BS “diversity and inclusion” nonsense. Absolutely NOTHING about turning a profit and building stores where people want to spend their money. AA kills companies. Woke kills companies. PC kills companies. Good riddance.


34 posted on 04/25/2022 9:47:13 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: boycott

Kohl’s has the thinnest men’s shirts around. You can see your hand thru the fabric. I buy at Landsend and LL Bean as they have more sturdy fabric.


35 posted on 04/25/2022 11:58:43 PM PDT by minnesota_bound (Need more money to buy gas)
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To: boycott

Seems like it was just a few years ago JC Penny’s themselves was nearly going extinct.


36 posted on 04/26/2022 3:20:56 AM PDT by MachIV
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To: Morgana

I only shop both stores when I have coupons to get something for free. Otherwise…no.

That will continue…


37 posted on 04/26/2022 3:29:00 AM PDT by Maskot (Put every dem/lib in prison........like yesterday!!! )
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To: Jane Long; dfwgator
Good movie!!

Agree. It's a shame the Weinstein brothers didn't just stick to moviemaking.

38 posted on 04/26/2022 9:28:41 AM PDT by Albion Wilde (If science can’t be questioned, it’s not science anymore, it’s propaganda. --Aaron Rodgers)
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