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JCPenney filing reveals a surprising 43,000 job cuts
NY Post ^ | 3/21/13 | JAMES COVERT

Posted on 03/21/2013 10:24:05 AM PDT by jimbo123

However you’re counting the numbers, they hurt.

JCPenney revealed in a regulatory filing yesterday that it finished its fiscal year ended Feb. 2 with 116,000 employees — a whopping 43,000 less than a year earlier.

That’s a slashing of 27 percent — even steeper than the company’s disastrous revenue decline of 24.8 percent for the same period.

It’s also more than twice the figure of 19,000 job cuts that Chief Executive Ron Johnson testified to under oath earlier this month, when asked during the company’s trial with Macy’s and Martha Stewart how many Penney employees had lost their jobs on his watch.

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


TOPICS: News/Current Events
KEYWORDS: genderdysphoria; homosexualagenda; jcp; jcpenney; jcpenny; layoffs; retail; ronjohnson
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To: jimbo123

Not only that...they had rabid anti-Bush liberal Kenny Mayne from ESPN as their shirt spokesperson. I am happy the company is going bankrupt but I feel those employees losing their jobs. And that faggot catalogue didn;t help either.


41 posted on 03/21/2013 11:45:20 AM PDT by max americana (Make the world a better place by punching a liberal in the face)
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To: newzjunkey

I know I will never again shop because of the gay ads. And I am fairly certain I am not alone.


42 posted on 03/21/2013 11:45:36 AM PDT by South40 (I Love The "New & Improved" Free Republic!)
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To: Uncle Miltie

Obamaeconomy


43 posted on 03/21/2013 11:48:37 AM PDT by KC_Conspirator
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To: malia

Is Woolworth still around?


44 posted on 03/21/2013 11:59:57 AM PDT by Bikkuri (Molon Labe)
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To: South40

I thought ‘Degenerate’ was added around 2010? Elections must have screwed up my timetable :p


45 posted on 03/21/2013 12:01:41 PM PDT by Bikkuri (Molon Labe)
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To: All

where are all the fat lesbians going to shop?


46 posted on 03/21/2013 12:03:56 PM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: Bikkuri
Ellen DeGeneres join J.C. Penney relaunch in 2012
47 posted on 03/21/2013 12:04:20 PM PDT by South40 (I Love The "New & Improved" Free Republic!)
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To: jimbo123

Lol :D

He is probably one of their few customers ;)


48 posted on 03/21/2013 12:04:41 PM PDT by Bikkuri (Molon Labe)
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To: South40

Shame, such a good company (Christian owner and creator), has fallen to the disgusting level it is at now.

He is definitely rolling in his grave :/


49 posted on 03/21/2013 12:07:20 PM PDT by Bikkuri (Molon Labe)
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To: South40

Btw, sadly link didn’t work from my PC.. it took me straight to a Japanese Google search (clean).. :/


50 posted on 03/21/2013 12:08:53 PM PDT by Bikkuri (Molon Labe)
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To: Rapscallion

Honestly, I think if they replaced the queer CEO and did heavy PR (panic mode) adverts on going back to moral items and beliefs... it could happen.. (Think something similar to Chick-Filet)..


51 posted on 03/21/2013 12:11:04 PM PDT by Bikkuri (Molon Labe)
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To: jimbo123

Them queers don’t shop at JC Penny, they go to Nordstroms or better.

Get a clue Penny’s!


52 posted on 03/21/2013 12:15:47 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Wyatt's Torch; Jim Robinson

>> “Okay... Sure Ellen might have turned off some people but a boatload like her.” <<

Three dislike her for every one that likes her.

If you want to promote queers, there are sites for that purpose, but FR is not one of them.


53 posted on 03/21/2013 12:21:43 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: basil
In addition to all of this, I found the quality of Penny’s merchandise to go way down.

I agree. I used to buy my youngest daughter a lot of her clothes for school at Penney's. Now, I look at the t-shirts for young women and the material is so thin that it is see-through, and would probably not last many washings.

I agree, also, with those that have said the store is empty when they go into one. I have had the same experience, empty store, not a lot of merchandise. Hubby used to go with me to Penneys in January because they would have good sales on dress shirts and ties for work. A year ago, we went in and no one was in there (on a Saturday), there was hardly any merchandise. We both just looked around, shook our heads, and left.

I think that the Ellen DeGeneris and the print catalogs featuring gay women and gay men to promote Mother's and Father's Day was a big mistake by them. I won't argue, though, that they were going downhill, and these things just pushed down on the accelerator.

54 posted on 03/21/2013 12:22:11 PM PDT by LibertarianLiz
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To: Wyatt's Torch

>> “JCP has fundamental problems with their strategy rollout.” <<

.
Yes, the ‘strategy’ of shoving queers down the throats of young families with children is failing as it should.


55 posted on 03/21/2013 12:24:10 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Bikkuri
The link went to Google results showing hits that all say Degenerate joined JCP in Jan of 2012.

Here is a USA Today link that says the same..

56 posted on 03/21/2013 12:27:16 PM PDT by South40 (I Love The "New & Improved" Free Republic!)
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To: Wyatt's Torch
Cue the “it’s because of the lesbian not the ridiculous pricing scheme and Ron Johnson being a moron” people......

LOL. Yep, that's what this thread will turn into, as they ignore the fact that Ellen's TV show continues to draw advertisers and rake in millions$$$$$$$.

57 posted on 03/21/2013 12:33:42 PM PDT by EnquiringMind
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To: South40

I don’t doubt you at all, my friend :) just some strange things happen with Google links over here :p


58 posted on 03/21/2013 12:48:13 PM PDT by Bikkuri (Molon Labe)
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To: Bikkuri

Strange things happen with Google everywhere. But, given that Google is run by liberal kooks, I do not believe the anomalies to be accidental. :-)


59 posted on 03/21/2013 12:52:37 PM PDT by South40 (I Love The "New & Improved" Free Republic!)
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To: Rapscallion

I have wondered the same thing. If they would go back to their former marketing/sales strategies and ditch the “everyday low prices”/homo agenda marketing. Plus add back the customer service that we used to get there.


60 posted on 03/21/2013 12:53:56 PM PDT by NEMDF
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