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J.C. Penney Is the New Sears: Ron Johnson Has Done “Incalculable Damage,” Davidowitz Says
Daily Ticker ^ | Aaron Task

Posted on 05/17/2012 4:54:55 AM PDT by Caipirabob

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To: Caipirabob; All

This is the problem with know it all executives and advertising. He is thinking like a democrat. He said “marketing has not done its work” as if marketing only proces sales. Bad marketing, like the jcpenny fiasco, COSTS sales.

JCPenny now has a stigma associated with it caused by this “bad taste” campaign. Cause and effect.


21 posted on 05/17/2012 5:54:45 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Caipirabob

DITTO. Ask JLo.


22 posted on 05/17/2012 5:59:08 AM PDT by daisy mae for the usa
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To: Caipirabob
I don't truly believe that the JCP advertising is solely responsible for the plunge in store sales (a plunge which might actually be worse than reported). More likely, a combination of bad moves, including the advertising.

Most of JCP’s competition carry similar (or the same) merchandise at similar prices. What helped keep Penney's shoppers loyal was the friendly atmosphere and service they received from store employees, in combination with the coupons. It was a middle America store. In less than a year, Johnson has alienated much of the JCP customer base.

The coupons are now gone as are a number of those same employees, as Johnson terminated a number of employees, some who had been with the store for over 20 years (http://www.freerepublic.com/focus/f-chat/2879419/posts). Their roles are being filled by the overwhelmed and underpaid remaining staff.

In addition, I've heard the stories of how those longtime employees were let go....told they were fired on the spot and escorted out of the store by security. Not exactly the kind of stories that promote customer favor in a community.

23 posted on 05/17/2012 6:06:00 AM PDT by Rational Thought
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To: St_Thomas_Aquinas

I don’t know either. I have never shopped at Penney’s, for no particular reason but when they started those new commercials, I didn’t get them. I looked up their supposed new policy and it just sounded like a bunch of double speak.

All I’ve ever learned about retail is that there are a certain percentage of the people who have to have the “new” things first, no matter the cost. Then the discriminating, who are waiting for a lower price and then the cheap ones who will wait for steep discounts.

I know people who plan all their shopping by the sales and would never buy anything not on sale.


24 posted on 05/17/2012 6:06:29 AM PDT by tiki
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To: St_Thomas_Aquinas

I had another thought, the reason Kmart has gone steadily downhill is that they have great sales prices in their brochure but they never have the sale merchandise when you get there and they still haven’t figured that out.

You have to get people into the store and then hope they’ll see things they just can’t live without that aren’t on sale.


25 posted on 05/17/2012 6:10:48 AM PDT by tiki
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To: Caipirabob

His having a pants-wearing lesbian who trashes the sacrament of marriage every day that she’s on probably doesn’t help.

Just to see that he/she/it on their advertising turns me off 100%.

I won’t even park my car outside their door to walk thru it to get to the other stores.

1.8% of the population is doing tons of damage to our country, and this kind of nonsense doesn’t help.


26 posted on 05/17/2012 6:17:24 AM PDT by laweeks
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To: Caipirabob

They screwed up in both social issues and fiscal policies. The sales are what kept folks coming and helped them reduce old inventory. The “everyday low proces” was a scheme to cut losses/increase profits on inventory that nobody wanted at original prices and is having the exact opposite effect - now they can’t sell it at “everyday low prices” and don’t exercise the sales mechanism to clear it. Eventually they will fill up with items nobody wants and can turn into a museum instead of a department store.


27 posted on 05/17/2012 6:25:38 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: Caipirabob
Photobucket
28 posted on 05/17/2012 6:25:58 AM PDT by baddog 219
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To: rawhide
There is something magical when you are using a coupon or buying something on sale, that gets the customer to buy your products. Everyday low pricing does not work in this retail environment.

I know. My wife works as Dillard's where they don't believe in coupons and rely on their every-day-low-prices as a customer draw.

Down on the other end of the mall is Macy's where they usually have daily coupons that bring in customers. As some of the freepers have mentioned, having a coupon in your hand is better psychologically then just saying we have every-day-low-prices (which Dillard's does not necessarily have).

Dillard's marketing stinks. And since JCP has latched on to a disgusting full-fledged lesbian as their spokeshomo, I won't go in the store for any reason.

29 posted on 05/17/2012 6:26:04 AM PDT by laweeks
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To: icwhatudo
No No No, it has nothing to do with hiring a homosexual to be the face of your company! Its only because of bad business decisions by the new CEO-It has to be!!!!

Kinda like making Rosie O'Donnell the face of K-Mart...History repeats...

30 posted on 05/17/2012 6:26:52 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Caipirabob

I had shopped at JC Penney off an on for years. After this guy took over and started his campaign against traditional values, I stopped shopping there.


31 posted on 05/17/2012 6:28:39 AM PDT by B Knotts (Just another Tenther)
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To: tiki

——You have to get people into the store and then hope they’ll see things they just can’t live without that aren’t on sale.——

The loss leader....

When I was a kid, my dad used to take me grocery shopping on Saturday mornings. We bought every loss leader at four or five different supermarkets. It took about three hours. I thought it was normal.

Now that I think about it, maybe that’s why I hate grocery shopping.8-)


32 posted on 05/17/2012 6:31:43 AM PDT by St_Thomas_Aquinas (hViva Christo Rey!)
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To: Publius Valerius
We used to shop there for school clothes (uniform garb) for the kids in parochial school.

With a homosexual 'spokesperson"? No.

Now we order on line.

33 posted on 05/17/2012 6:31:58 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Eric in the Ozarks

In a world full of Belks, Walmart, Target, and Kohl’s why do we need a JCP?


34 posted on 05/17/2012 6:39:11 AM PDT by csmusaret (Obama's new slogan: "Fo Mo Mo Fo.")
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To: Free Vulcan

awesome. my co-workers are all wondering what I am laughing at...


35 posted on 05/17/2012 6:41:37 AM PDT by Paytriot (Live long and prosper)
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To: Caipirabob

You have to wonder just WHO is now behind the mirrors in JCP’s dressing rooms, and just WHAT they are doing? Say...what is that low buzzing hum..?


36 posted on 05/17/2012 6:42:17 AM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: Eric in the Ozarks
We are all definitely Kohl's shoppers now. They remember us monthly and sometime’s twice a month, sending us flyers and surprise coupons.

Being a Kohl's credit card holder (the only one besides my AmEx and Visa) I am sent coupons that you peel apart, revealing a discount- 15%, 20% or 30%- and I have gotten a 30% off in the past two mailers. They then give me an additional $10 certificate for every $50 I spend- on top of the additional posted discounts from usually 20-60%!! All of the employees are so friendly and seem so happy. Furthermore, I am not dragged into some radical political statement by some activist at the sacrifice of employees’ livelihoods just to prove a point that if you shove it in people's faces long enough, they will just accept you as normal.

37 posted on 05/17/2012 6:43:01 AM PDT by Cowgirl of Justice
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To: Publius Valerius

Not the same thing!
You decide to shop at a place by going there...a proactive choice.
Amex usage is less “proactive” and the ads are less provocative...
(Lousey explanation, I know, but hope you get the idea...)


38 posted on 05/17/2012 6:44:32 AM PDT by matginzac
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To: csmusaret

I remember the JCP store in my hometown had a pneumatic tube system to each sales desk. The clerk would put the sales slip and customer cash in a cylinder that would shoot upstairs to be reviewed by the manager.

Change from your cash and the approved sales slip would be fired back in about a minute.

Yeah, I know it dates me...


39 posted on 05/17/2012 6:45:27 AM PDT by Eric in the Ozarks
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To: Caipirabob
total sales fell 20% while same-store sales declined 19% and gross margins fell to 37.6% from 40.5% as foot traffic in the stores dropped 10%.

My wife bought $790 in furniture and approx. $425 in other items at JCP in Q4 2011. In Q1 2012 (the period reflected in the dismal results above)? NOTHING. She cut them off and will never but so much as a sock ever again.

40 posted on 05/17/2012 6:48:22 AM PDT by montag813 (No Amnesty - Enforce the Law! http://www.StandWithArizona.com)
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