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Re: JC. Penney nearing $450M funding to navigate bankruptcy 

By: micro in POPE 5 | Recommend this post (2)
Thu, 14 May 20 1:47 PM | 50 view(s)
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Msg. 61670 of 62138
(This msg. is a reply to 61654 by capt_nemo)

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I am rooting for them. I like the new ceo and the direction this person is taking the company: back to its roots and basics. STYLE and class has returned in the womens department. They lost focus on who their shoppers were and they aren't teeny boppers or midget minded millenials.

They are people who simply want nice clothing to wear that looks good, feels good, fits well, and is priced appropriately. The former two clown shows of ceo's had zero business in that position as they knew nothing of what made JC Penny and long standing nice middle of road department store..

THIS new ceo has gotten rid of most of the crap the former idiot brought on APPLIANCES and MAttresses. I guess that schmuck never saw the mattress stores or appliance stores that he was now somehow going to try to compete with and in addition, waste valuable floor space as well.

I love my Penny's local store. I hope the new female ceo pulls this store thru... she was on the right track until this pandemic, which I sorta have an inkling that the DEMS were in on from the beginning...

JMO

micro...




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The above is a reply to the following message:
JC. Penney nearing $450M funding to navigate bankruptcy
By: capt_nemo
in POPE 5
Thu, 14 May 20 9:24 AM
Msg. 61654 of 62138

http://www.thestreet.com/investing/j-c-penny-nearing-450-million-deal-to-navigate-bankruptcy


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