J.C. Penny pandered to the homosexuals in an attempt to staunch the bleeding after they had already slit their own mercantile throats. It was a desperation move.
After building their reputation for decades specializing in the sale of higher midpriced brands of clothing well sewn from durable fabrics, they decided to try selling faddish asian junk.
People who buy clothes expecting them to wear like iron and have clothing they have worn for literally decades do not tend to be a forgiving bunch. J.C. Penny could not get the customers they offended with their cheap profit taking back.
I suspect they will be gone just like Sears in six years.
After building their reputation for decades specializing in the sale of higher midpriced brands of clothing well sewn from durable fabrics, they decided to try selling faddish asian junk.
I used to buy my suits at Penny's. Stafford was a good quality brand. I went the other day to Penny's to shop for a suit. My God. I thought I was in a Walmart - the quality was so cheap.