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J.C. Penney Executive Departs After Eight Months on Job (Fired for failure of gay ads)
Wall Street Journal ^ | 6/18/12 | Steven Russolillo

Posted on 06/18/2012 5:52:05 PM PDT by jimbo123

Something’s up at J.C. Penney.

After the closing bell, the department-store operator announced President Michael Francis was leaving, effective today, after only eight months on the job.

Shares dropped 6.5% in after-hours trading to $22.75 in after-hours trading. The stock is down nearly 50% since early February.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: News/Current Events
KEYWORDS: ads; culturewars; fail; fired; gaycpenney; gayfail; homosexualagenda; jcpenney; michaelfrancis; mikefrancis; retail
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To: bossmechanic

——they’ve completely reorganized their marketing department. And their stock price is down about 25%.-——

Liberals NEVER learn.


121 posted on 06/19/2012 4:56:36 AM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: altura
I can’t believe people stopped shopping there because of some ads.

That's precisely what I did.

122 posted on 06/19/2012 4:57:37 AM PDT by .30Carbine (God bless you with the spirit of wisdom and understanding)
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To: jimbo123

To JC Penny: You can still all F... yourselves.


123 posted on 06/19/2012 5:00:45 AM PDT by bmwcyle (Romney - not Obama - not a Conservative - not a real Christian)
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To: Jack Hydrazine

-——JC Penney President Mike Francis Came, Saw, Collected $10 Million, And Quit Nine Months Later-——

Where my dad used to work, there was a revolving door of CEOs and golden parachutes. The average tenure was about three years. The company never promoted from within. It used to piss him off royally.


124 posted on 06/19/2012 5:04:58 AM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: Ezekiel

I don’t see ads (no commercial tv, no newspaper) so I hadn’t given it much thought, but the last time I went to J.C. Penney, I couldn’t find a sensible pair of tan cotton slacks in size 8P. They had them at Belk, a few steps across the mall.

I’m not going to Penney’s if they don’t have what I want.


125 posted on 06/19/2012 5:31:10 AM PDT by Tax-chick (More than you ever wanted to know, right?)
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To: jimbo123

Re: “freedom of expression.”

I guess JCP forgot that conservatives are still free to express themselves by shopping elsewhere.


126 posted on 06/19/2012 5:34:05 AM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: DefeatCorruption
I thought that was grandma, daughter and granddaughter.

That's what I would have thought, from the picture. (Of course, I have white hair, and the little children are my kids, not my grandchildren.)

The clothes are ugly, anyway. They seem no longer to stock the short and t-shirts and slacks I used to buy there.

127 posted on 06/19/2012 5:51:14 AM PDT by Tax-chick (More than you ever wanted to know, right?)
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To: St_Thomas_Aquinas

Why should those CEOs have any loyalty or desire to stay with the company? It’s not like they built it from the ground up with their own blood, sweat and tears!

But since your dad probably didn’t have an MBA from an Ivy League school the top guys within the company wouldn’t even consider the possibility of promoting from within.


128 posted on 06/19/2012 8:01:45 AM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: .30Carbine

Well, I don’t believe in pandering to the gay agenda either so perhaps people did stop shopping there because of the ads.

Probably some other factors involved though.


129 posted on 06/19/2012 8:26:29 AM PDT by altura
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To: laweeks
And then to have this male homosexual ad at Father's Day is just too much.

I totally agree. Especially during the height of the Jerry Sandusky homosexual rape of boys scandal.

130 posted on 06/19/2012 12:44:56 PM PDT by Bodleian_Girl
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To: altura

Two homosexual “mothers” for their Mother’s Day ad and two homosexual “fathers” for their Father’s Day ad.


131 posted on 06/19/2012 12:52:55 PM PDT by Bodleian_Girl
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