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  • J.C. Penney to open stores Thanksgiving night [View news story]
    I worked for J C Penney for over forty years and every year we were off for most of the holidays including Thanksgiving. The two stores I worked at knew the reason for the seasons. To be thankful for all they had and to celebrate Christmas like it is supposed to be celebrated. Times have changed and I suppose a retailer has to do all they can to make the ALL MIGHTY DOLLAR at the expense of the associates who give up celebrating with their families. What a shame.
    Oct 18, 2013. 02:56 PM | 1 Like Like |Link to Comment
  • Roth resigns from J.C. Penney board as Vornado moves to exit stake [View news story]
    Well it looks like it is time to The Penney Company to bed. Thanks to Mr Ron Johnson for coming into a company who he thought he make it better and bring in more trendier customers. Mr Johnson The Penney Company is NOT like an Apple store. The J C Penney company needed someone who knew more about how Penney's should be run. He came in and destroyed many GREAT PENNEY'S Associates who had put their heart and soul into making JCPenney a GREAT store. He also took away coupons and sales for EVERYDAY LOW PRICES. IS that FAIR & SQUARE for our former customer and associates? Mr Ullman has come back to see if he can up-right the company in the right way. He has brought back coupons and sales. I hope it is not too late for JCPenney to come out of what MR Johnson put it thru. I worked for the company for over 40+ years.
    I would hate to see anything else happen to JCPenney.
    Sep 13, 2013. 04:30 PM | 4 Likes Like |Link to Comment
  • Ackman sends new letter to J.C. Penney: CNBC [View news story]
    What is Mr Ackman doing? He was the person who wanted Ron Johnson as jcps CEO. Now Since RJ has ruined the company Mr Achman wants the board to hurry up and replace Mike Ullman.
    As I see it Mr Ullman has done more good for the company in less time than RJ did in 18 months. The whole situation is REAL BAD.
    I am glad that I retired when I did. I hate to see anyone do this to a GREAT company that I worked for over 40 years.
    Aug 9, 2013. 10:59 PM | 3 Likes Like |Link to Comment
  • J.C. Penney finds a new marketing boss [View news story]
    I believe it is too late to fix jcp. The company hired a new CEO Ron Johnson who ran thru more money and promised to fix jcp with his ideas he thought would really help the company. WRONG! Someone who worked for a company like Apple was the wrong person to put into the position of CEO for jcp. I worked for jcp for over 40 years and yes the company had its ups and downs but it is in worse shape now. I retired in January 2012 for I felt it was time to leave on my own rather than being forced out.
    Aug 5, 2013. 10:17 PM | Likes Like |Link to Comment
  • J.C. Penney (JCP -3.1%) posts a video on YouTube (video) in which the retailer mournfully apologizes for its mistakes and asks customers to come back. Of note, it appears the company is moving away from using the JCP monicker in the post-Ron Johnson era. [View news story]
    I went work for J C Penney when I was a Senior in high school.
    In fact I was a Distributive Education Student, which means on the job training. That all started in 1966.
    Well I worked for the company for 31 years and thought I wanted to retire. Well that didn't last. I went back to work at Grapevine Mills Mall Outlet Store. I worked there for several years and decided that I wanted to work at a real J C Penney store not a catalogue outlet. I went to work at store 1943 which is the store I retired from. I worked there until January 6 2012. I knew what was coming and decided I better leave before I was forced out by RJ.
    I am sorry to see the company go thru hard times but since they got rid of RJ and brought back Mr. Myron Ullman things will be better for all concerned. The company lost a lot of dedicated associates, I being one who spent over 40 years doing the best job I knew how to do. I wish the company my best in returning to what they did best serving our loyal customers who come back.
    May 4, 2013. 02:08 PM | 1 Like 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]
    RJ has brought jcp further down than it was. He thought he could do as a job as he did with apple. Well apple is a whole different kind of retail. Let RJ go so the company can bring in someone who knows what real retail is. But it might be too late. Thanks RJ for bringing jcp down further than it was.
    Mar 27, 2013. 01:01 PM | 2 Likes Like |Link to Comment
  • J.C. Penney (JCP) ended its fiscal year on February 2 with 116K employees, according to a SEC filing. The figure is a bit of a curiosity because it marks a reduction of 43K employees during the year, more than twice the job cuts CEO Ron Johnson testified on. The discrepancy may be in how seasonal workers are counted by the retailer. (10-K[View news story]
    I worked for jcpenney for over 40 years and enjoyed my job. In January 2012 I saw the writing on the wall. jcp brings in a new CEO who thinks he can turn the company around. Well as I said I knew what was coming and retired on January 6, 2012. I had had a meeting with my store manager and assistant store manager. They told me what going to happen and ask me what my plans were in either leave or have me fired. I decided right then that I needed to leave. When I left I didn't tell anyone what I was going to do. I went by the store security office and left my keys and discount card and told the officer I was leaving and not coming back. What a shame for all the faithful associates the company had for all their work and dedication to have someone like Ron Johnson to come in and push people out the door. I was proud to have worked for jcp but I am glad I left when I did.
    Mar 22, 2013. 02:08 AM | 2 Likes Like |Link to Comment
  • Shares of Martha Stewart Living Omnimedia (MSO +4.3%) get a little pick-me-up after a judge in the trial between the retailer and J.C. Penney against Macy's (M +1.1%) throws the case into mediation. Does J.C. Penney (JCP +1.6%) have the time to wait out a protracted settlement negotiation? Retail watcher The Talented Blonde notes that the MSO-JCP deal was designed to bring back its once-strong home department. The clock is ticking. [View news story]
    What have they got to talk about? When Martha Stewart made the deal with JCPenney she knew she was doing wrong/ Why on earth would dhe go behind Macys back and make such a deal? I worked for J C Penney for 40 + years. They had their ups and downs but yet they survived. But when they bring in someone who did good for Apple. There are different types of retail. The high priced good such as computers and clothing and home goods. It is like putting oranges and apples in one basket and hoping they come out as fruit salad. I believe the board of J C Penney 's should look at Ron Johnson and tell him the party 's over
    and to please GO!!! He has done enough harm to a good company.
    Mar 9, 2013. 01:05 PM | Likes Like |Link to Comment
  • When push comes to shove it looks like it will be cash flow that forces J.C. Penney (JCP -18.8%) to make dramatic shifts in strategy. The firm fell below its target of $1B in cash by the end of Q4 and had to stretch out vendor payments just to make $930M. Analysts pushing pencil to paper can't figure out how more investments in the shops strategy won't leave the retailer at or below $300M by the end of Q1. The ideas for a turnaround are varied, but most don't include letting Ron Johnson-palooza continue. [View news story]
    I knew this was going to happen. J C Penney is a GTREAT company. Mike Ullman should be brought back to save jcp.
    RJ thought jcp was like Apple. He needs to go and save our beloved jcp. RJ take a bite out of the Apple and save yourself
    the embarrassment of not knowing what you are doing
    Mar 1, 2013. 03:28 AM | Likes Like |Link to Comment
  • J.C. Penney (JCP) is in the process of eliminating up to 10% of its workforce at its headquarters in Texas this week, according to some reports. Execs with the retailer have been rather cryptic on how many jobs the company plans to slash in total as it struggles to regain lost sales. [View news story]
    I worked for jcp for over 40 years. I saw this was time for me to bale and so I did. I retired in 2012 and was glad I did. It seems to me after all the company has gone thru with RJ someone should have seen the light and done something about it. Well RJ turn out the lights the PARTYS OVER! Thank you so much for destroying a once GREAT COMPANY!
    Feb 26, 2013. 05:45 AM | Likes Like |Link to Comment
  • J.C. Penney (JCP +3.6%) is in worse shape than three months ago, Gilford says in a caustic note to clients today. Firm sees no reason for bullishness: "No work was being done to prepare for new shops in stores we visited in January and yesterday... Is Valentine's Day coming? One wouldn't know it at JCP." [View news story]
    I worked for the J C Penney for over 40 years. I retired in January 2012. When working for J C Penney the company had its ups and downs. They are trying to be like the high end stores. Ain't going to happen. Penney's used to be known as the family friendly store!
    Customers are used to shopping at stores who want their business.
    When I was in the store 1943-0 there were not many customers shopping. That should give the Associates and managers something to think about. What are we doing wrong? Listen up to your few customers you have, who are trying to tell you need to go back to some of the ways we used to be. I hope that the CEO and the managers realize that they are hurting a good company.
    Feb 6, 2013. 02:06 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 worked for J C Penney for over 40 years. While I worked there the company had it its up and downs. I feel that the company could still survive if someone who was with Target and Apple should not try to FIX a company which is not broken. Mr Johnson is trying to do what he did for Target and Apple making both companies profitable. J C Penney is not like either of those two companies. The process needs to be tweeked not overhauled. I am proud to have worked for a GREAT company but I hate seeing the company in such disarray.
    I hope the company will survive but I have my doubts for it ever being the same company I worked for in the 40 years.
    Jan 30, 2013. 01:40 AM | 1 Like Like |Link to Comment
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