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  • Ron Johnson's Legacy May End Up Saving J.C. Penney [View article]
    Many of us cringe at the thought of Ron Johnson and JCPenney in the same sentence.
    Mar 10 06:21 PM | Likes Like |Link to Comment
  • Roth resigns from J.C. Penney board as Vornado moves to exit stake [View news story]
    Unloaded all my stock today. Bye bye.
    Sep 13 11:49 PM | 1 Like Like |Link to Comment
  • Perry Corp ups its stake in J.C. Penney [View news story]
    Just what JCP doesn't need...another outside group coming in and thinking they can call the shots.
    Aug 31 08:49 AM | 2 Likes Like |Link to Comment
  • Ackman a "rogue" according to JCP board source [View news story]
    I voted "NO" for all the Board Members...except Ullman when I cast my ballot earlier this year. Ackman is a troublemaker and needs to be let go.
    Aug 12 10:31 AM | 1 Like Like |Link to Comment
  • J.C. Penney's Problems Can Be Fixed [View article]
    Another article rehashing the same old story.
    Apr 27 08:42 AM | Likes Like |Link to Comment
  • Insiders Not Abandoning Ship At J.C. Penney [View article]
    Another way to get the customers back is to take advantage of the millions of JCPenney credit card holders...they are the loyal people the company wants to bring back. Issue them a $25, $50 or $100 gift certificate. Sure that will cost money...but so will tons of advertising to bring in that one-time coupon shopper who will use their coupon one time and not return. The loyal credit card customer will bring in their gift certificate and...yes, spend it in the store...and then more than likely will be a return shopper. Ta-dah! Loyal customers have returned.
    Apr 12 04:04 PM | 2 Likes Like |Link to Comment
  • A judge dismisses the claim from Macy's (M +1.9%) of unfair competition by J.C. Penney (JCP -2.9%). The ruling could clear the path for the retailer to sell Martha Stewart Living Omnimedia (MSO) lines again unimpeded. [View news story]
    Kinda like those contracts those wonder-boys in the NFL and NBA sign for multiple years...and then want to renotiate after 1 year because they happened to have a good year. Signing on the bottom line doesn't mean much anymore.
    Apr 12 01:26 PM | Likes Like |Link to Comment
  • J.C. Penney's Desperate Decision [View article]
    They should have hired Alan Questrom.
    Apr 9 08:37 AM | 1 Like Like |Link to Comment
  • In an interesting twist, J.C. Penney (JCP) CEO Ron Johnson took longtime critic (and former CEO) Allen Questrom on a tour of a prototype store in Dallas last week in an effort to show the him the futuristic shop-in-shop look the retailer plans. Questrom hasn't comment publicly yet if his opinion of the retailer has been altered. Shares of JCP are a rare sight, adding 2.2% as the broad market capitulates. [View news story]
    I hope Johnson listened closely to EVERYTHING Questrom told him. Questrom is/was a retailer. Johnson is not.
    Apr 5 11:30 AM | 2 Likes Like |Link to Comment
  • J.C. Penney's (JCP -1.1%) new "mark-up to mark-down" tactic may be straight from Retail 101 but it's a tough row to hoe for a company suffering +20% drops in sales, according to analysts. Is JCP making the transition smoothly? Eyes in the street note that items in stores are "awkwardly" displaying stickers over the older prices in an effort to cover them up. [View news story]
    Ronnie & The Henchmen are sooooooooo smart and the customers are soooooooooo stupid and naive. This plan will surely work. Yeah right.
    Mar 27 11:05 AM | 1 Like Like |Link to Comment
  • J.C. Penney (JCP +1.9%) puts a damper on the mini-rally in its own shares by telling Bloomberg that CEO Ron Johnson has "no plans" to leave the company. Cynics like John Carney wonder if the board just floated a trial balloon to see what shares would be without RJ at the rudder? [View news story]
    "...if the board just floated a trial balloon to see what shares would be without RJ at the rudder."

    It's discusting how this Board of Directors can just play around with a company and people's money. Idiots!!
    Mar 12 12:04 PM | 4 Likes Like |Link to Comment
  • Though it's been hotly debated in retail circles for quite a while, it looks like directors at J.C. Penney (JCP -9.5%) are finally considering a change at the top. If sales don't turn around, a push to sell the company or replace Ron Johnson could be in the offing, according to The Wall Street Journal[View news story]
    Has anyone ever seen Ron Johnson in a suit with a tie? Just asking.
    Mar 6 10:16 AM | Likes Like |Link to Comment
  • Retail winners today include Ascena Retail Group (ASNA) and American Apparel (APP), both up double-digits after reporting solid earnings. Both companies blasted past the estimates of analysts as sales were boosted by a strong online business. It continues a trend of smaller retail chains chipping away at department stores online, highlighted dramatically by J.C. Penney's (JCP) online meltdown (-34.4% Q4, -37% Q3) and to a much lesser extent by growth rates at Dillard's (DDS), Kohl's (KSS), Sears (SHLD), Saks (SKS), and Nordstrom (JWN). [View news story]
    JCP Board of Directors take note. What are you waiting for? Down, down, down the tube the company goes. Wake up!!
    Mar 5 10:53 AM | 1 Like Like |Link to Comment
  • J.C. Penney's (JCP +6.3%) move to add manufacturers suggested retail prices alongside its own sale prices could help boost sales, according to analysts. Though it seems like a bit like a lesson from Retail 101, for close to a year the visibility for consumers on where JCP's prices stood in relation to rivals was as thick as London fog. [View news story]
    I bought some slacks at JCP the other day. The kid at the cashwrap (dressed in jeans and a tee shirt...in the Men's Department) had his fancy, new hand-held electronic doo-dad that he scanned the price tags with. As I stood there, he sloooowwwwlllly worked his way through scanning the items. He had somewhat of a clue to what he was doing, but the doo-dad had a hard time getting my retired associate card to scan. But, finally it took. All this fancy schmancy doo-da stuff...and he has to give me the receipt that the cash register (right next to us) printed out. Uh...why not just use the scanner on the register and get this transaction over in half the time. Huh? I guess the idea is that he could have rung up my sale while we're standing half-way across the store behind the 4-way rack in aisle 6 by the skivvies, instead of me having to haul all my purchases over there to the cashwrap. Oh...but wait...we would have had to go over there anyway to get my receipt and a bag. Duh. Maybe the associate (only 1 in the department) will have a supply of bags attached to his belt (assuming he has one on) or in a backpack (which would look very chic with his jeans and tee shirt) and he'll then give me a number to go to some magical place in the store to claim my receipt (after I waited in line). Or perhaps I'll have it mailed to me or emailed to me. Or maybe they're gonna eliminate receipts! And eliminate bags (like COSTCO or Sam's Club). Where do I find the grocery carts?
    Jan 30 11:40 AM | 1 Like Like |Link to Comment
  • J.C. Penney's (JCP +6.3%) move to add manufacturers suggested retail prices alongside its own sale prices could help boost sales, according to analysts. Though it seems like a bit like a lesson from Retail 101, for close to a year the visibility for consumers on where JCP's prices stood in relation to rivals was as thick as London fog. [View news story]
    I hope it's not too little, too late. I like your comment about Retail 101...which Ron Johnson seems to have no clue about!
    Jan 29 12:11 PM | Likes Like |Link to Comment
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