All Posts Tagged Tag: ‘JCPenney’

JCPenney Closing 33 Under-performing Stores In Spring

The start of 2014 has not been a good one for various big-named retail stores. For example, Target encountered various issues with their credit card information debacle. Now, popular clothing and home-goods department store JCPenney recently announced that they will be closing various locations of its stores around the United States. According to CoStar.com, the popular chain JCPenney announced that …

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Penney Store Closings And Job Cuts To Save Company $65 Million

This past Wednesday, J.C. Penney announced it would be closing down 33 stores throughout the nation and cutting 2,000 jobs. The changes are part of an effort to save nearly $65 million each year. J.C. Penney Ceo, Myron Ullman III, stated recently, “As we continue to progress toward long-term profitable growth, it is necessary to re-examine the financial performance of …

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JCPenney Insists This Tea Kettle That Looks Like Hitler Was Not Intentional

JCPenney is currently going through a transition phase as it works to win back the customers it lost under its former CEO. Now the company is dealing with the fallout associated with one of its products. Redditor Wrestles4Food recently found a JCPenney billboard ad for a tea kettle that looked remarkably like a certain German dictator from World War II, …

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JCPenney Decides to Have a Sale After All

When JCPenney decided to obliterate the term “sale” from their corporate vocabulary, it seemed like a stroke of genius. The removal of the terminology from commercials, promotions, and in-store displays suggested that everything on the retailer’s sales floor was inexpensive and affordable. Unfortunately, consumers didn’t seem to understand the campaign and, as a result, they began avoiding the store like …

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