J.C. Penney (JCP -0.4%) eliminates 350 jobs at its home office as part of a restructuring effort...

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montanamark Comments (1359)
 
sad day for these employees, particularly in a tough economy
10 Jul 2012, 03:22 PM Reply Like

THR6 Comments (19)
 
Well it may be true JCP has not reached bottom..to begin its return up...I question more if Ron Johnsons plan will work.

Big question...will the new advertising featuring gay and lesbian couples play well with the traditional JCP customer. I don't think it will.
10 Jul 2012, 03:25 PM Reply Like

mwoodmang Comment (1)
 
JCP needed a change, probably to dramatic for the conservative and traditional consumer as per market reaction.......But a change! if RJ is to confirm how smart he is I´m sure he will make the turnaround by easing up his marketing strategies going forward !
10 Jul 2012, 05:07 PM Reply Like