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Another massive loss for J.C. Penney
Money.CNN.Com ^ | May 17, 2013 | James O'Toole

Posted on 05/19/2013 1:15:55 AM PDT by South40

There's one great thing about J.C. Penney's last quarter: It's over.

The struggling retailer lost a whopping $289 million for the three months ended on May 4, with sales plunging 16.4% versus a year prior.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Culture/Society; Miscellaneous; News/Current Events
KEYWORDS: homosexualagenda; jcp; jcpenney; retail
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To: Ruy Dias de Bivar
Habor freight stuff is almost and I say almost as good as craftsman, now ? do I put a sarcasm tag on that ?
So sad, craftsman tools was once a tool to be happy about.
61 posted on 05/19/2013 2:49:53 PM PDT by American Constitutionalist
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To: South40

They made a very, very big mistake. They completely misjudged their customer base.


62 posted on 05/19/2013 2:52:38 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: American Constitutionalist

Harbor Freight does sell cheap stuff and you get what you pay for.

I suddenly realized that for years there has been a Harbor Freight not far from here, and I have never been in that store!

On the other hand, there is a store not far from here that sells Chinese merchandise wholesale. They are really low cost and their tools will, do if you need one in a pinch, otherwise I agree, they are junk.

They were comparable to the “Made in Japan” junk from the 1950s and mid 60s. Japan has since lowered the boom on junk products and most of their items are now high quality.


63 posted on 05/19/2013 4:02:46 PM PDT by Ruy Dias de Bivar (When someone burns a cross on your lawn, the best firehose is an AK-47.)
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To: Ruy Dias de Bivar

Cheap tools are made to fix a toilet and the good tools are to fix your car.


64 posted on 05/19/2013 4:07:43 PM PDT by American Constitutionalist
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To: American Constitutionalist
Has anyone looked at Craftsmantools lately ? .. not all of them are made in the USA anymore.

My daughter gave me a Craftsman tool chest on wheels as a present. Pure crap. Thin sheet metal, bad welds, no drawer liners, cheap wheels, no drawer sliders. Didn't want to hurt my daughter's feelings so "happily" accepted it. But I kept my off-brand much better old tool chest, that cost much less than what she paid, and relegated the new one to a tool shed to store other stuff. Both Sears and Penney's are selling crap.

65 posted on 05/19/2013 4:22:04 PM PDT by roadcat
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To: Ruy Dias de Bivar
Going the way of WARDS, and WOOLWORTHS. and being followed by Penny’s and Sears.

And Mervyn's. they went out of business. Our local Mervyn's became a Penney's store, no improvement there. I shop at Kohl's, lots of great stuff.

66 posted on 05/19/2013 4:24:27 PM PDT by roadcat
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To: Pollster1

Gay Dallas dads Cooper Smith and Todd Koch will leave their kids in Big D this weekend as they travel to march in New York’s Pride parade on J.C. Penney’s float.

Smith told Instant Tea that he and Koch will join about 100 other friends and supporters from the DFW area.

J.C. Penney spokeswoman Kate Coultas said the Plano-based LGBT employee group PRIDE organized the trip and will have about 250 employees march on Sunday.

“As we focus on becoming America’s favorite store, we’re committed to being a store for all Americans,” Coultas wrote in an email.

She added that those attending will wear J.C. Penney’s Pride shirts, which are only available online.

Cooper said he was honored to be asked to join in the Big Apple’s Pride festivities to celebrate the company’s diversity.

“Todd and I are so proud of J.C. Penney for how they’ve made an effort to represent all families and how they’ve stood squarely by their message of inclusiveness,” Smith said. “The whole experience has been heart-warming. Being asked to walk alongside hundreds of their employees, families and friends is the ultimate cherry on top!”

67 posted on 05/19/2013 5:01:05 PM PDT by kcvl
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To: kcvl

Just checked Penneys online,The Gay pride shirts are still avalable.Guess they havent totally changed afterall.


68 posted on 05/19/2013 5:24:20 PM PDT by Craftmore
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To: Pollster1

JCPenney featured lesbian couple Wendi Hollenbeck and Maggie Shults and their daughters Clover and Raven in an ad alongside Wendi’s morn Carolyn

Wendi Hollenbeck
Corporate Communications
Dallas/Fort Worth Area Public Relations and Communications

Wendi Hollenbeck’s Overview

Current
Board of Directors at Equality Texas
CSR Programs and Internal Communications at 7-Eleven

Past
Internal Communications Manager, Corporate Communications at JCPenney
Advertising/Marketing Copy Writer at JCPenney
Freelance Copywriter at W.B. Hollenbeck

Education
University of North Texas

Wendi Hollenbeck’s Experience

Board of Directors
Equality Texas
Nonprofit; 1-10 employees; Political Organization industry
September 2012 – Present (9 months)


69 posted on 05/19/2013 5:30:30 PM PDT by kcvl
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To: Craftmore

Maggie Shults - Wendy’s partner who was also featured on JC Penneys Mother’s Day ad

7-Eleven
Guest Experience Agent · Dallas, Texas · 2012 to present

Texas Land and Cattle
Manager · 2009 to 2012

*****

Oh, by the way, if you didn’t approve of that ad, you are a “hater” and don’t want them to be happy.


70 posted on 05/19/2013 5:37:02 PM PDT by kcvl
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To: Craftmore

What? They couldn’t even sell their celebrated “Pride” shirts? Maybe Ellen can buy them all and give them as prizes for attending her show.


71 posted on 05/19/2013 5:41:26 PM PDT by kcvl
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To: Craftmore

They celebrated and celebrated some more because JC Penney was going to “change” the way people thought about them....didn’t work out so well and the people who stopped shopping there are just “haters”!

In your face, you haters...lol

*******

Opening the ceremony, dressed in Western wear and topped with his tan cowboy hat, was Wade Hyde, board member for Equality Texas. Hyde thanked the crowed for coming out and announced the first winner of the night, for Business of the Year J.C.Penney. Accepting the award was Wendi Hollenbeck, who was featured in the controversial Mother’s Day ad with her partner Maggie and their daughters. Hollenbeck said she is thankful for the award and hopes more businesses will come out and accept their employees and protect their rights the way J.C. Penney has for her and her family. As Hollenbeck walked off stage she was met with a loving embrace by her partner.


72 posted on 05/19/2013 5:46:49 PM PDT by kcvl
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To: M. Thatcher

I only buy stuff from JCP when it is on such a good sale I know they are losing money on the purchase.

Picked up 15 very nice sweaters and sweatshirts for a total of under $75, including tax on a final clearance sale. Most of them are going to down and out men this next Christmas though a church outreach group.


73 posted on 05/19/2013 5:49:24 PM PDT by SeaHawkFan
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To: urtax$@work

JCP has good quality men’s clothing a very reasonable prices if you wait for sales or clearances, especially if you need tall sizes.


74 posted on 05/19/2013 5:52:51 PM PDT by SeaHawkFan
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To: fwdude

But JCP WILL serve as a message to other retail businesses that don’t want to end up $300 million in debt.


75 posted on 05/19/2013 10:04:09 PM PDT by Casie (democrats destroy)
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To: Casie

There are still many corporations more afraid of leftists/media/government than their own customers. How many of them donate and support gay rights, for instance?


76 posted on 05/19/2013 10:07:09 PM PDT by GeronL (http://asspos.blogspot.com)
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To: kcvl
Gay Dallas dads Cooper Smith and Todd Koch will leave their kids in Big D this weekend as they travel to march in New York’s Pride parade on J.C. Penney’s float

leave the kids? don't the perverts want to bring them and make the kids grand marshalls like back when..... in Boston, sponsored by Home Depot and show off a proclamation signed by Mitt Romney?

77 posted on 05/19/2013 10:10:21 PM PDT by GeronL (http://asspos.blogspot.com)
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To: Ruy Dias de Bivar
Battery jumper cables had the clamps made of plastic and the one on display at the store had a shattered clamp on it.

Probably not much good for electrical conductivity either.

78 posted on 05/19/2013 10:26:48 PM PDT by steve86 (Acerbic by Nature, not Nurture™)
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To: GeronL

Then they can learn to live off sales from liberals and gays, because frankly we don’t need them. They need us.


79 posted on 05/19/2013 10:42:43 PM PDT by Casie (democrats destroy)
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To: steve86

They had small metal tabs on the ends of the clamps where it clamps on the battery connecting with the main wires. The clamp itself was plastic and it was shattered.


80 posted on 05/20/2013 6:48:54 AM PDT by Ruy Dias de Bivar (When someone burns a cross on your lawn, the best firehose is an AK-47.)
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