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J.C. Penney stock crashes with news of gay marriage support
afa ^
| July 17, 2012
Posted on 07/19/2012 3:25:37 PM PDT by NYer
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To: EnquiringMind
NO, it is also about terminating a 21 year employee with the excuse of their reorganization. Now there are no sales and no need to re-locate items or change signs. Teams now sell and “set” merchandise.
All part-time employees? Girl friends of the Manager? YES!
181
posted on
07/20/2012 7:41:29 AM PDT
by
3D-JOY
(If there were no United States Armed Forces there would be no United States of America)
To: GOPJ
And that's fine. You are certainly free to do that. BUt that has very little if anything to do with the stock price. That's about financial fundamentals. Ron Johnson has screwed the company with his retail pricing model and that is what is killing traffic and same store sales. As an example my wife went there a few months back and found it very confusing and frustrating and she won't go back because of the pricing model. Here's a Forbes article about the Citi analyst talking about how confusing it is:
J.C. Penney Shoppers Struggle To Understand New Price Scheme: Citi
182
posted on
07/20/2012 7:42:27 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: NYer; AFA-Michigan; Abathar; Absolutely Nobama; Albion Wilde; AliVeritas; Antoninus; BabaOreally; ..
Homosexual Agenda Ping
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183
posted on
07/20/2012 7:47:40 AM PDT
by
wagglebee
("A political party cannot be all things to all people." -- Ronald Reagan, 3/1/75)
To: Apple Blossom; theKid51
184
posted on
07/20/2012 7:58:53 AM PDT
by
bmwcyle
(Corollary - Electing the same person over and over and expecting a different outcome is insanity)
Keep FR Running
Counter the MSM spin machine.
185
posted on
07/20/2012 8:10:08 AM PDT
by
RedMDer
(https://support.woundedwarriorproject.org/default.aspx?tsid=93destr)
To: NYer
Unforseen!*
*At least, by the idiots in marketing.
186
posted on
07/20/2012 8:56:30 AM PDT
by
Darksheare
(You will never defeat Bok Choy!)
To: NYer
The chart below confirms the market in free fall after GayPenney's open love in with Gays!
"Simply put, people are not shopping at J.C. Penney. AFA and OneMillionMoms are showing success in the effort to educate people to Penney's aggressive national campaign to promote "gay" marriage."
"The company is going downhill fast. Since February, the company stock has lost more than half its value, and Standard & Poor's Ratings Services lowered its credit rating on J.C. Penney Co. further into "junk" status."
Snapshot of J.C. Penney under same-sex marriage crusade
February 2012 |
May 2012 |
June 2012 |
July 2012 |
JCP announces Ellen DeGeneres as their new spokesperson. |
JCP launches catalog ad featuring two "gay" moms. |
JCP launches catalog ad featuring two "gay" dads. |
JCP stock rated "junk" by S&P. JCP fires marketing exec. |
Stock price: $41.32 |
Stock price falls to $35.67 |
Stock price falls to $25.83 |
Stock price falls to $20.02 |
187
posted on
07/20/2012 10:24:13 AM PDT
by
Grampa Dave
(ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
To: NYer
As long as it pushes homosexual marriage, families will go elsewhere.Of course. "Forced" tolerance is not tolerance at all. It's a lie.
Hopefully, the fall of Penny's will show others what could happen if they jump on the "You will think as we tell you to think" bandwagon.
To: Cowgirl of Justice
Oops? Never heard of it, unless you're referring to random happenings that occur outside of my control and result in an "Opps" moment, like running over that poor squirrel who ran out in front of my car the other day......
opps.........
To: upsdriver
What an uplifting testimony!
My Grandma worked for “Mr. Penney”, as she called him, during the Great Depression to supplement Grandaddy’s income.
She had nothing but good things to say about him.
What a different country that was.... and the story of Mr. J.C. Penney indicates why that is.
To: NYer; All
If appealing to "family values" or "faith-based traditions" was what it took, JC Penny would not have found itself in a position of needing to remake its brand or felt it had to appeal to the same-sex agenda.
The AFA stated JPC's credit was already "junk" status which tips off the fallaciousness of their point.
Now they are simply piling on hoping to see the end of a once great dept. store to claim a "victory" for their fundraising letters.
191
posted on
07/20/2012 11:54:16 AM PDT
by
newzjunkey
(Pontius Pilate 'voters' are arrogant, delusional, lilly-livered collaborators.)
To: Wyatt's Torch
Another brick in the wall... JC Penny's been making lots of 'mistakes' but I the wellspring's the same.
Take the new 'pricing' ... the idea behind that is a rejection of all those messy 'trailer park' type sales (from their point of view - from mine it would be 'middle class' sales') they went for boutique by pricing. Well, the folks who shop JC Penny aren't 'boutique' shoppers - so that's a fail. The gay thing is in the same mindset - they want - again - upscale - like gays to shop at JC Penny. Boutique shoppers.
It's stupid because their basic merchandize doesn't support that type of SoHo shopper - or even the wannabees.
192
posted on
07/20/2012 12:00:12 PM PDT
by
GOPJ
(Political correctness is simply George Orwell's Newspeak by a non-threatening name. FR- Bernard Marx)
To: ponygirl; USARightSide
I work with Develpmentally Disabled Adults.
When I take my guys to the Coffee Bean and Tea Leaf in Carlsbad, we are treated like gold.
To: All
Well, on one side of the coin, it makes economic sense to market to gays, on average, they are more affluent than the average American and probably the only few cash cows out there now. I don't have much of a problem in general, it is just another demographic, right now, we have too many people chasing too few dollars.
Then on the other side, you risk ticking off your established market base as we see here so there are times you got to make the correct decision. I can't say if that's the reason their stock is down or not, too many factors out there. They are a business out to make money by serving their fellow human beings. I can't be too worried about this when we are going down economically, kicking hornets' nests in the Middle East, Iran, weakening our military (*), illegals crossing the border, Islam on the rampage and so on. I do support the idea of people decision to shop there, or not, according to their values. The ball is in their court, I'll leave it at that.
* - I'm concerned about the gay issue on our military though, we are bending back way too far to be PC and accomodating and this will hurt us in the future. I was OK with "don't ask, don't tell," where if one does admit being gay, they are out. I can see the point where maybe they say, it is their country too so gays should be able to join, but if it damages our morale and ability to fight, I would have to say no. There are other ways to contribute to America, not all battles are fought with a gun. Think of Alan Turning of the UK, he was a homosexual, yet, he did a great part in the work of developing computers and cracking Axis codes.
194
posted on
07/20/2012 2:00:16 PM PDT
by
Nowhere Man
(June 28th, 2012, the Day America Jumped The Shark.)
To: True Republican Patriot
FWIW, if you really owned the stock at $43...and you didn't cut your losses at maybe 8-12%...you've no one to blame but yourself.
Oh...I've done the same many years ago...hoping the stock would go back up. But, "hope" isn't a plan.
Sorry to hear of your losses.
To: F15Eagle
Looks like a huge drop with the first “gay” ad of two moms.
Like typical libs, they doubled down with two dads. Whoops.
196
posted on
07/20/2012 5:00:50 PM PDT
by
I still care
(I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
To: NYer
I wonder if they listen PROBABLY NOT LOL!
Unless Jc Penney files bankruptcy
197
posted on
07/20/2012 5:30:32 PM PDT
by
SevenofNine
(We are Freepers, all your media bases belong to us ,resistance is futile)
To: NYer
No problem here. Starbucks coffee is awful, tastes burnt. IMO, people go there to look good to their peers, not to drink the coffee.
To: fhayek
” If I were a stockholder I would vote out the entire boad of directors on general principle.”
HECK yeah!!
199
posted on
07/20/2012 5:34:58 PM PDT
by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
To: dfwgator
OH MAN Freepers you losing it ROFL
Ping 70 took one Airplane reset ROFL
200
posted on
07/20/2012 5:35:26 PM PDT
by
SevenofNine
(We are Freepers, all your media bases belong to us ,resistance is futile)
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