http://www.reuters.com/article/2012/08/10/jcpenney-results-idUSL2E8J8CS020120810?feedType=RSS&feedName=marketsNews&rpc=43
J.C. Penney same-store sales plunge 21.7 percent
http://finance.yahoo.com/news/j-c-penney-company-inc-100000548.html
J. C. Penney Company, Inc. Reports 2012 Second Quarter Results
Gosh, Ya think it might be because they love the gays so much, and most people don’t!
“customers continue to be turned off by a new pricing plan”
...AP is doing thier darndest aren’t they!?
Maybe there aren’t enough gays to support them after all.
Maybe they should co-locate fast food restaurants in their stores - like WalMart does.
I think Chick-Fil-A would be a good choice.
The pro-sodomy market just isn’t bringing in the revenue.
"... as its customers continue to be turned off by a new pricing plan the company's pandering to sodomites and other lowlife filth..."
There; fixed it.
Links to stories about Penney's gay friendly catalogs:
J.C. Penney Catalog Features Gay Couple With Child, Freakout ...
JC Penney Goes Gay Again! Two Dads With Kids Featured In June ...
Gay Dads in JC Penney's June Catalog | Care2 Causes
Thanks for posting this. What’s happened to the chain is sad.
Now, I wonder how many millions of dollars Ron Johnson’s going to be rewarded with for his failures.
I believe their CFO exited with $10 million after 15 only months in the position.
I guess Ellen isn’t really working out as a spokeswoman... or spokesthing.
I don’t know about the pricing plan, but when I tried to find a pair of tan cotton slacks, they didn’t have any. I had to go to Belk and pay more than I would have at Penney’s, “back in the day.”
Why go in a store that doesn’t have what you want?
We have 4 clothing stores within a half hour drive. JCP was the premier store but it’s now a ghost of its former self. Then we have Walmart, Salvation Army and Goodwill. We buy most of our clothing by mail order.
We have a Kohls and Penney’s in our local mall. Penney’s is empty, Kohls is busy. The upside in the fall of Penney’s for our family has been that Kohls seems to have doubled down on sending coupons and having sales. Their prices are in fact better.
Gay away JCP.
Come on, sodomites...rally for the cause! How about a ‘J. C. Penney’s Appreciation Day’? So the Starbuck’s one crapped out...that’s no reason to give up. May I suggest the Friday after Thanksgiving? Pack (so to speak) the stores with queers from the coast to coast, and get those registers ringing...
It's not only JCP, but other mall anchor department stores that are virtually bereft of shoppers all day long especially on week days.
Some empty mall stores that were formerly bustling with customers are now rented out to discounters, fly-by-nights selling cheap Chinese crappioli as well as flea market-type vendors.
The few customers that can be seen in the two Penney's within driving distance of me probably are totally unaware of the chain's gay policy. So let's keep our lazer beam on the main cause of the collapse of businesses in our country.....it's the economy, stupid. This is how we're going to bring down the Obama administration, not with a plethora of divisive side issues as Obama loves to have us concentrate on.
In the case of JCPenney, the gayness policy in actuality plays but a small part of the company's coming blackout. The simple fact is that no one is spending any discretionary money any more. They're holding on to it.
Leni
Its customers were not turned off by the new "gay friendly" ad campaign the company recently aired as many claim. /propagandist impression
I find myself thinking there’s some accidental/partial truth in this story. Where I work currently, we have standard admission rates that are two bucks lower than our competition across town, but we offer no deals or specials as a tradeoff. Augusta being a military town, we get a lot of walk-ins and calls asking if we offer a military discount. When I explain that no, we don’t, because our prices are already lower than theirs WITH the discount, I get told that “We aren’t coming back”. Same thing with offering no food deals with admission (which you generally only think you’re getting a deal on) or using quarters instead of tokens (you lose money on tokens). Now, obviously those aren’t the only reasons JCP is declining, but there you are.