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Is the end near for J.C. Penney?
WTVR-TV ^ | 9/25/13

Posted on 09/27/2013 8:48:31 AM PDT by SoFloFreeper

J.C. Penney’s stock hit a 13-year low Wednesday as investors grow increasingly concerned about the future of the 112 year old iconic American retailer.

Shares plunged more than 15% at one point and briefly dipped below $10 a share — a level they have not touched since November 2000.

Several analysts are predicting that J.C. Penney did not have a good back to school shopping season, and that sales continued to plummet in late August and early September.

Investors had already been spooked by reports that J.C. Penney might be seeking to raise more cash through the sale of new stock or bonds.

In a conference call with analysts last month, J.C. Penney executives said they would not need to raise more cash anytime soon. They expected to have $1.5 billion in cash by year-end.

But JPMorgan analyst Carla Casella recently estimated that the retailer could run out of cash by the third quarter of 2014 if J.C. Penney’s sales and profits failed to improve.

(Excerpt) Read more at wtvr.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: failure; genderdysphoria; homosexualagenda; homosexuality; jcpenney; jcpenneys; marketing; penneys; retail
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To: Robert A. Cook, PE

Well said. When they’re already trying your patience in other ways, it only takes one more thing-and the sodomite support wasn’t a straw, it was an oak tree-to push you away for good.


81 posted on 09/27/2013 3:20:43 PM PDT by mrsmel (One Who Can See)
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To: riri

I literally haven’t stepped foot in the local mall for app 10 years, and it’s less than a mile from me. I hate shopping anyway.


82 posted on 09/27/2013 3:23:21 PM PDT by mrsmel (One Who Can See)
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To: mrsmel

I am not a big shopper either but I like having options and choices. I am not real keen on living in East Germany circa 1955.


83 posted on 09/27/2013 4:21:24 PM PDT by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
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To: mrsmel

A Toyota Avalon is a Lexus for 15% less money.


84 posted on 09/27/2013 8:37:43 PM PDT by SeaHawkFan
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To: CitizenUSA; GeronL; cyn; 444Flyer
This is what I don’t understand. Exactly how many customers did J.C. Penney think they were going to get by advertising to homosexuals? Were there droves of homosexuals out there who were not shopping at J.C. Penney? Here we are in the midst a culture war, and some businesses want to take sides? The stupid. It BURNS!

Their business plan is different from that of an uncorrupted people. Like Obama, they are in the business of destruction. Tearing down America and American institutions, traditions, culture, and businesses is the goal. They are motivated by the hate that they project upon the regular Americans who refuse to convert.

Scorched earth. It's not just DHS, DEA, IRS, LEOs et al no-knocking down the nation. Insider arsonists are busy burning down America from what used to be respected and honorable institutions (e.g. the military, Boy Scouts, traditional American companies).

The debased CEOs get a hold of these companies and then if the customer base votes with its feet, the business dies. That's a success - one less place where those ugly homophobes get to shop. Tick tock...

85 posted on 09/27/2013 9:32:14 PM PDT by Ezekiel (The Obama-nation began with the Inauguration of Desolation.)
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To: rockinqsranch

The discrimination in selecting members of the board of directors is promoted with recruitments from the college fraternities and sororities, linking the indoctrination in the educational establishment with the leaders of business and government. Universities actively recruit sexual deviants and corrupt leadership. At a major state university library, the man who was the chief librarian and married was notorious among university workers at the library for recruiting student workers for his department who were male, young, blonde, and gar or susceptible to gay advances. The man was also notorious for using one of the men’s restrooms at the library to hang out in the toilet stall and make advances under the partition to recruit young male students. Any male student who was not receptive to the advances found himself having problems with the university administration and his opportunities to earn good or even passing grades in the courses. Thirty five years later this man was deceased, and his witless acquaintances claimed to know nothing at all about his perversions and sexual harassment of the male students.; but another professor at the university continued the sexual abuse with at least one student who had to sue the university for the abuse and attempts to force the student out of the university. So, nothing had changed for the better in the last thrity five years at this major university. yet, those who passed the gay and lesbian screening of the students were rewarded with academic degrees and access to the ranks of management and government.


86 posted on 09/27/2013 9:52:52 PM PDT by WhiskeyX ( provides a system for registering complaints about unfair broadcasters and the ability to request a)
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To: Ezekiel

I don’t believe they want to destroy their companies, but I do think they put ideology ahead of corporate health. It’s more important for them to make a statement than a profit.


87 posted on 09/27/2013 10:20:29 PM PDT by CitizenUSA (Why celebrate evil? Evil is easy. Good is the goal worth striving for.)
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To: Sans-Culotte; rockinqsranch
I still buy T-shirts there as well. I've been a customer of theirs for years because they used to have a pretty good big/tall section

http://www.duluthtrading.com/

You will not be sorry.

88 posted on 09/27/2013 10:35:54 PM PDT by roamer_1 (Globalism is just socialism in a business suit.)
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To: Ge0ffrey

Me either.


89 posted on 09/27/2013 10:41:03 PM PDT by Salvation ("With God all things are possible." Matthew 19:26)
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To: SoFloFreeper

I’ll be back shopping tomorrow. They are having a “$10 off $25” sale and you can print the coupons online, just like Obama prints money.

I stopped shopping at JCP when they stopped having sales. NO other reason..


90 posted on 09/27/2013 10:53:15 PM PDT by EnquiringMind
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To: roamer_1

Thank you for the link. I did go to that site, and found it interesting. Posted it to “favorites”. Thanks again.


91 posted on 09/28/2013 7:41:23 AM PDT by rockinqsranch (Dems, Libs, Socialists, call 'em what you will. They ALL have fairies livin' in their trees.)
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To: SoFloFreeper

I didn’t darken their door after that disgusting ad campaign. And I’m sure hundreds of thousand of others didn’t either.


92 posted on 10/18/2018 3:52:51 AM PDT by fwdude (Forget the Catechism, the RCC's real doctrine is what they allow with impunity.)
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To: fwdude
I didn’t darken their door after that disgusting ad campaign. And I’m sure hundreds of thousand of others didn’t either.

This thread is five years old bro. Penny's is still around and apparently well-positioned to benefit from the downfall of Sears.

This was an ad campaign ran only in gay magazines. Amazon ran an ad campaign with gay men for their Kindle on prime-time television. Did it hurt Amazon?

93 posted on 10/18/2018 4:04:03 AM PDT by Drew68 (Twitter @TheRealDrew68 https://twitter.com/TheRealDrew68)
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To: Drew68

Yeah, I realized the article date after I posted. Why was it in my more recent feed?

Doesn’t matter where the ad ran. People got wind of it and a lot of them swore off JCP, as I did. I’m not alone in the least.


94 posted on 10/18/2018 4:05:59 AM PDT by fwdude (Forget the Catechism, the RCC's real doctrine is what they allow with impunity.)
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