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J.C. Penney’s cash flow tells a sad story
Marketwatch ^ | 11/12/12 | Matt Andrejczak

Posted on 11/12/2012 1:29:03 PM PST by jimbo123

J.C. Penney shares were the biggest S&P 500 percentage decliner Monday, tumbling 11% to $18.41 in afternoon trades as investors seem to be growing impatient with the company’s roughly year-old transform plan.

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


TOPICS: Business/Economy; News/Current Events
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To: jimbo123

If James Cash was alive today, he would be pissed (and he would be 137 years old!!)


61 posted on 11/12/2012 2:25:42 PM PST by Donkey Odious ( Adapt, improvise, and overcome - now a motto for us all.)
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To: Publius

That was the thing that struck me years ago when I first read AS with open eyes.

The legislation in that book sounded so...plausible.

And now...well, nothing more needs saying.


62 posted on 11/12/2012 2:26:08 PM PST by rlmorel (1793 French Jacobins and 2012 American Liberals have a lot in common.)
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To: Donkey Odious

John Wayne’s not dead - he’s frozen! And when we find a cure for cancer, we’re gonna thaw out the Duke and he’s gonna be pretty pissed off. You know why? You ever taken a cold shower? Well, multiply that by 15 million times. That’s how pissed off the Duke’s gonna be. - Dennis Leary


63 posted on 11/12/2012 2:27:16 PM PST by dfwgator
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To: South40

I just asked them to stop sending me email about my “Rewards” from them. Not only did I get no response; I also get more of those emails than ever.


64 posted on 11/12/2012 2:44:27 PM PST by madprof98
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To: Cricket24

They used to have quality stuff. I loved their Stafford Executive shirts. And their shoes. Solid.

But over the years, they because bidding this stuff out to some of the crappiest manufacturers. It’s like third world market stuff now. And the face pierced kids with tats slouching around the sale floor to “help” you was the last nail in the coffin. The homo stuff later on just confirmed my decision for me.


65 posted on 11/12/2012 2:46:23 PM PST by fwdude ( You cannot compromise with that which you must defeat.)
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To: jimbo123

Let’s suggest to intrade.com that they start a betting trade on who will go bankrupt first, NYT or JCP.


66 posted on 11/12/2012 2:47:37 PM PST by preacher (Communism has only killed 100 million people: Let's give it another chance!)
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To: jimbo123

I was customer for over 20 yrs. 29% interest rate. paid them off last yr. never again.


67 posted on 11/12/2012 2:48:41 PM PST by Donnafrflorida (Thru HIM all things are possible.)
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To: Ted Grant
I just use them for their bathrooms. It’s probably the nicest public bathroom in Herald Square nyc.

The JCPenney men's room at a North Dallas store was a homosexual proposition hot spot, until undercover police started doing stings.

68 posted on 11/12/2012 2:50:14 PM PST by fwdude ( You cannot compromise with that which you must defeat.)
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To: Gabrial

It happens when you put queers ahead of real and previously loyal customers. C’ya.


69 posted on 11/12/2012 2:53:59 PM PST by ThePatriotsFlag
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To: MissMagnolia

I would suspect that this was an attempt to skew toward younger lesbians. The percentage of college aged and younger lesbians is closer to 10% I’d wager.


70 posted on 11/12/2012 3:02:30 PM PST by macrahanish #1
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To: jimbo123
Are you kidding, of course she will!

If spokeswoman had been, say, Marie Osmond or well-known Christian entertainer, the answer would be, no way but then again Penny's didn't hire a Christian woman did they.

71 posted on 11/12/2012 3:03:53 PM PST by zerosix (Native sunflower)
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To: Publius

You forgot...

9. ALL employee parking places will have a sign proclaiming them “Employee of the Month”.


72 posted on 11/12/2012 3:18:15 PM PST by moovova
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To: jimbo123

As I said before:

To be perfectly fair, JCP’s stock has been tanking since 2007. It bounced back a bit in 2009. The problem is that JCP doesn’t have anything anyone wants. Trying to gay-wash their retail operations isn’t going to help at all - gay people wouldn’t be caught dead in JCP merchandise as it is not stylish enough, and it would just turn off whatever conservative or religious shoppers (not just Christian, but Jewish and Islamic) that still shop there (for whatever reason.

Personally, I can’t say I participated in the boycott - because it isn’t a boycott if you weren’t going to shop there anyway. I haven’t bought anything from JCP in over 15 years. :P


73 posted on 11/12/2012 3:19:41 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Rashputin

Just an observation, as I have nothing against Down’s Syndrome kids, but Target’s latest catalog is replete with several different kids having Down’s.


74 posted on 11/12/2012 3:20:10 PM PST by petercooper
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To: fwdude

Hahaha! I’ve never had any problems at Herald Square!


75 posted on 11/12/2012 3:22:35 PM PST by Ted Grant
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To: Buckeye McFrog
"You are being snarky, but FDR actually DID something like this to Montgomery Wards under the National Recovery Act."

Ah, yes Montgomery Wards. I remember shopping there about 30 years ago.

Seriously, I don't see how places like JCP, K-mart and Sears are still around. Sears has a couple of things going for them, like Craftsman tools, and I like their appliances. Plus Sears is pretty good about honoring warranties and has a fleet of repairmen. Other than that, who really goes there any more?

It's mostly Walmart and Target for the economy minded nowadays.

76 posted on 11/12/2012 3:33:01 PM PST by boop ("I need another Cutty Sark"-LBJ)
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To: boop

We have a K-mart in our town right down the street from the Wal Mart.

It’s truly a zombie store, full of merchandise but no people.

Been this way for years now, don’t know how they keep going.


77 posted on 11/12/2012 3:35:48 PM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: nascarnation
Hmm...my wife and I just went to K-mart a few weeks ago. It IS like a zombie wonderland. Literally. I noticed that they had 1/2 of the overhead fluorescent lights turned off. (Goin' green I'm sure!). No, it wasn't closing time. It made the place look so creepy.

Or maybe it was to disguise the shoddyness of the merchandise.

78 posted on 11/12/2012 3:47:26 PM PST by boop ("I need another Cutty Sark"-LBJ)
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To: fr_freak

Very astute post #49.


79 posted on 11/12/2012 3:48:36 PM PST by St_Thomas_Aquinas (Viva Christo Rey!)
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To: jimbo123

I hope they don’t run a Homo for the Holidays marketing plan for the rest of the year.


80 posted on 11/12/2012 4:06:55 PM PST by Rebelbase (The most transparent administration ever is clear as mud.)
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