One department store at a time going down the drain.

snip~
Struggling department store J.C. Penney on Wednesday said it will close 33 underperforming stores and slash 2,000 jobs, in a measure it says will generate annual savings of approximately $65 million.

more @
http://www.cnbc.com/id/101332279?__source=xfinity|mod&par=xfinity

Maybe if we unionize, tax the bejesus out of employers and think of every possible way to raise the cost of labor then just maybe that will create jobs? 

Quote from: Dan on January 15, 2014, 04:05:31 PM
Maybe if we unionize, tax the bejesus out of employers and think of every possible way to raise the cost of labor then just maybe that will create jobs? 

The last time I was in J.C. Penney it took someone 20 min to help me.  I don't know how woman put up with this BS.  I now see why people are shopping on the net.   I now go to a mom and pops shoe store in town for shoes.  IF they don't have it, they can get it in about 3 days.  I ask what if they do not feel right or fit.  They said no problem they will do what it takes to make me happy.  I ask what about the shoes that came in for me.  No problem he said, we will put then out and someone will buy the shoes. 

Quote from: Dan on January 15, 2014, 04:05:31 PM
Maybe if we unionize, tax the bejesus out of employers and think of every possible way to raise the cost of labor then just maybe that will create jobs? 

More to it than that, I think. It would hard to overestimate the impact of internet shopping, for example. But going back even further, JCP went down that same road to glitziness that took Sears down before it. I think they lost their roots.

Liberal economics claims more jobs.

Quote from: walkstall on January 15, 2014, 04:48:02 PM

The last time I was in J.C. Penney it took someone 20 min to help me.  I don't know how woman put up with this BS.  I now see why people are shopping on the net.   I now go to a mom and pops shoe store in town for shoes.  IF they don't have it, they can get it in about 3 days.  I ask what if they do not feel right or fit.  They said no problem they will do what it takes to make me happy.  I ask what about the shoes that came in for me.  No problem he said, we will put then out and someone will buy the shoes.

Haven't been in one since the early 70s, when I bought my last pair of bell bottoms.

Quote from: Solar on January 15, 2014, 07:40:39 PM
Haven't been in one since the early 70s, when I bought my last pair of bell bottoms.

I have a pair of bell bottoms hanging in the closet to this day, but there older then the 70s.    

Quote from: walkstall on January 15, 2014, 07:55:38 PM
I have a pair of bell bottoms hanging in the closet to this day, but there older then the 70s.   

Me too, I saved them just in case I ever went to a 70s party. The jeans got eaten by moths.
Shit, I guess it's time to get rid of all that polyester. I sure as Hell ain't going to wear a size 32" waist ever again.

Quote from: Solar on January 15, 2014, 08:37:58 PM
Me too, I saved them just in case I ever went to a 70s party. The jeans got eaten by moths.
Shit, I guess it's time to get rid of all that polyester. I sure as Hell ain't going to wear a size 32" waist ever again.

I have the exact same problem! What is it about those size 32 pants? I think there's a built-in timer -- you can wear them for so long, but if you leave them hanging for any length of time, the waistband starts to shrink.

Quote from: TboneAgain on January 16, 2014, 06:58:08 AM
I have the exact same problem! What is it about those size 32 pants? I think there's a built-in timer -- you can wear them for so long, but if you leave them hanging for any length of time, the waistband starts to shrink.

Yep, an inherent flaw in the skin of the extinct Poly Beast, which is why they died out, their skin contracted as they reached the age to procreate, starving them the ability to reproduce.

That's my story, and I'm stickin to it.

Quote from: Solar on January 16, 2014, 08:40:39 AM
Yep, an inherent flaw in the skin of the extinct Poly Beast, which is why they died out, their skin contracted as they reached the age to procreate, starving them the ability to reproduce.

That's my story, and I'm stickin to it.

I always buy big so I can grow into them.   

When Ron Johnson, of Apple Stores fame, became the CEO of Penny's he pretty much destroyed the company in about a year. Put it on life support with recovery doubtful.

Quote from: actionblock on January 20, 2014, 12:59:53 PM
When Ron Johnson, of Apple Stores fame, became the CEO of Penny's he pretty much destroyed the company in about a year. Put it on life support with recovery doubtful.

Ron Johnson, was not the only problem.  b o has added to their spiraling downfall.  I keep looking for an Executive Order if you buy one you can get one free.

Quote from: actionblock on January 20, 2014, 12:59:53 PM
When Ron Johnson, of Apple Stores fame, became the CEO of Penny's he pretty much destroyed the company in about a year. Put it on life support with recovery doubtful.

It was hemorrhaging money long before Ron took on the job. It's standard practice to spin the firing of the last CEO to try and make the company appear as if they are on the mend.
Bottom line, Penney didn't keep up with the times, they lost relevance back in the late 90s to other stores like Target, even Walmart cut into their bottom-line.
Remember Sears, Wards? The biggest stores in the country at one time, Wards is gone, and Sears is struggling to stay relevant.

Quote from: Solar on January 20, 2014, 01:40:29 PM
It was hemorrhaging money long before Ron took on the job. It's standard practice to spin the firing of the last CEO to try and make the company appear as if they are on the mend.
Bottom line, Penney didn't keep up with the times, they lost relevance back in the late 90s to other stores like Target, even Walmart cut into their bottom-line.
Remember Sears, Wards? The biggest stores in the country at one time, Wards is gone, and Sears is struggling to stay relevant.

t's tough to keep up with the times in retailing because the times they are a changing all the time. Johnson was just the gasoline dumped on glowing embers. Should have done better research or PM'ed you for your thoughts. If so, I would not have clicked the "Confirm Order" button.