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To: jimbo123
I thought JC Penny was in bankruptcy liquidation (or is circling the drain).
13 posted on 04/03/2013 8:26:50 AM PDT by MasterGunner01
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To: MasterGunner01

I haven’t shopped there since the she became the spokesman. I will walk around outside to get to another store even if it is longer.
Steve


16 posted on 04/03/2013 8:31:01 AM PDT by TStro
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To: MasterGunner01

The remain liquid because of their properties and they’ve extended their credit line . ..but they cannot continue as is for much longer.

I don’t see bankruptcy ahead at all....and I work there. If it continues to slide there are varying options they can resort to...one of which Johnson will be booted....IMO should have been awhile back.

But the problem is the customers are not buying the changes....they’ve lost their base customers and have yet to attract the younger customers.....this was expected but certainly not to the degree that’s playing out.


18 posted on 04/03/2013 8:35:15 AM PDT by caww
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