Well, bankrupt, anyway.
Long time coming.
by Anonymous | reply 1 | May 15, 2020 10:51 PM |
I wonder if it can really restructure. Doubt it.
by Anonymous | reply 3 | May 15, 2020 10:57 PM |
Who gives a fat shit?
by Anonymous | reply 4 | May 15, 2020 10:58 PM |
Good riddance
by Anonymous | reply 5 | May 15, 2020 11:00 PM |
When I was a kid, we called it Monkey Wards despite there being no S, OP. And yet here and there, it was written as Wards. Like Penneys.
by Anonymous | reply 6 | May 15, 2020 11:03 PM |
Yeah, but will they disappear or live out a slow death like Sears?
by Anonymous | reply 7 | May 15, 2020 11:04 PM |
Back when it was still fabulous and had a FABULOUS logo.
by Anonymous | reply 8 | May 15, 2020 11:12 PM |
Since mine was 28 minutes ago, and the one you linked to, R9, was posted 14 minutes ago, that means you can FUCK RIGHT OFF.
by Anonymous | reply 10 | May 15, 2020 11:16 PM |
Stafford shirts are wonderful
by Anonymous | reply 11 | May 15, 2020 11:17 PM |
now remains to be seen if Sears/Kmart's collapse is complete
by Anonymous | reply 12 | May 15, 2020 11:17 PM |
I love the St. John's Bay line.
by Anonymous | reply 14 | May 15, 2020 11:18 PM |
I have some friends who retired from there as executives and traveling display coordinators....will their pensions be safe?
by Anonymous | reply 15 | May 15, 2020 11:18 PM |
They have never been top of the line but they were dependable for a lot of stuff.
But you could see them going the way of Sears (messy store, no floor help, one register open on the entire floor with ONE cashier.)
by Anonymous | reply 17 | May 15, 2020 11:21 PM |
This is bad news. JC Penney has great bargains and good summer and casual clothes--shorts, shirts, Polo shirts, T-shirts, lounging pants around the house. Cant beat the prices. Hope the store in Fashion Valley San Diego survives.
by Anonymous | reply 18 | May 15, 2020 11:22 PM |
I love that pic R8! I remember the logo. I found some great bargains there and I have Thick T-shirts that have held up from the 80s.
I’m sorry it and Sears are gone. In their heyday they were wonderful for back to school shopping.
by Anonymous | reply 19 | May 15, 2020 11:23 PM |
I think they will be able to restructure. Though their executives should face fraud charges for how they handled the bankruptcy. There should be a law that says if you are an executive of a company that doesn't turn a profit or goes bankrupt, you only get a small base salary.
by Anonymous | reply 20 | May 15, 2020 11:33 PM |
Every Penneys store I've visited in 10 years has been very neat and clean with full product supply. Quite unlike that rats nest Macys.
by Anonymous | reply 21 | May 15, 2020 11:36 PM |
I work at Macy’s as a merchandiser. New York doesn’t care what size store you have and they keep ordering and ordering as if it was the New York Macy’s. We have so much stock and overhead, that a lot never makes it out on the floor and becomes “penny stock” and shipped back to the vendor. It’s such a waste. It will sit in a stockroom because there is no room for it , we have too much of it, and there isn’t enough manpower to put the merchandise out. It’s hard to keep quality people for 13.50 per hour. I work my ass off rolling Z-bars around, moving displays and trying to clean up the mess the customers left the day before.
by Anonymous | reply 22 | May 15, 2020 11:54 PM |
Sad. I have gotten some good quality clothes there in recent years. As someone said above, I love their St. John's Bay line of clothes especially.
Also, I completely agree the stores were much neater and better organized than Macys. Everytime I go in Macys, I just shake my head at the rats nest of clothes strewn about and leave, headed to JCPenney in the same mall.
Hope Penny survives.
by Anonymous | reply 23 | May 15, 2020 11:59 PM |
R22 Why, don't they bring back bargain basements and sell it there instead of shipping it back?
by Anonymous | reply 24 | May 16, 2020 12:01 AM |
I actually used to love the JCPenney outlets. They were really great. But you could tell someone in ordering always got the sizes wrong. They'd have a million of some tall size or something and no regulars.
by Anonymous | reply 25 | May 16, 2020 12:09 AM |
r2 They switched to that lowercase logo during the ill-fated Ron Johnson era a few years back. But they quickly changed back to the JCPenney logo they currently use (although the font is slightly different.)
by Anonymous | reply 26 | May 16, 2020 12:16 AM |
Keep cheering R4 and R5
This is what's going to replace department stores.
by Anonymous | reply 27 | May 16, 2020 12:16 AM |
Remember when people dressed decently to go shopping?
I mean, the basics. Bathing. Hygiene. Looking decent in public!
by Anonymous | reply 28 | May 16, 2020 12:19 AM |
r16, we had that furniture from Pennys in our home.
by Anonymous | reply 30 | May 16, 2020 12:22 AM |
R1l, you're right. Their Oxford shirts never wrinkle and not expensive.
by Anonymous | reply 31 | May 16, 2020 12:23 AM |
A cheerful family room? Home office?
by Anonymous | reply 32 | May 16, 2020 12:23 AM |
I really like their Stafford button downs.
Sorry.
by Anonymous | reply 33 | May 16, 2020 12:23 AM |
My 87 year old mother will be bereft when I tell her . Shes been a faithful Penneys shopper for 50 years. I liked them as well,but have found the quality in clothing has deteriorated considerably . Its the same old tissue thin made in china crap thats everywhere else now. Ive got 20 year old St. Johns Bay shirts that still look good and I still wear.
by Anonymous | reply 34 | May 16, 2020 12:33 AM |
My mother bought all my undies and white T shirts from JCP and then sewed name tags into the collars and waist bands. I’m sure Karens don’t do that little nicety anymore.
by Anonymous | reply 35 | May 16, 2020 12:48 AM |
I buy 95 percent of my clothes at Penney's. I know the brands, and their website is so easy to use.
If they go under, I cannot afford to shop at the higher end stores. I will have to buy clothes from Walmart and Target. I went to Walmart today to get some food and cleaning supplies. The pic at R29 is close to what I saw. I am all for different body types, but why do you want to show it to everybody. I don't care if you're a tiny size 0 or a larger size 3X, cover up your tits, ass, and thighs. We don't all want to see it.
by Anonymous | reply 36 | May 16, 2020 1:15 AM |
It’s a goner.
by Anonymous | reply 37 | May 16, 2020 1:15 AM |
R36 I loved St Johns Bay, and I also like the Foundry stuff (for those of us girls who are a bit more ample in our middle age).
by Anonymous | reply 38 | May 16, 2020 1:18 AM |
I hope this doesn't mean we won't get Jaclyn Smith's long awaited Bootsie Gumdrop line.
by Anonymous | reply 39 | May 16, 2020 1:20 AM |
Email from the CEO. Note how she avoids using the "B" word.
JCPenney's CEO Explains How the Company is Positioning for the Future
Dear Valued Customer,
I want to thank you for your continued loyalty to JCPenney as we navigate the unprecedented challenges brought on by the Coronavirus (COVID-19) pandemic. As you well know, the pandemic has changed day-to-day life and created a profoundly different reality.
Retailers have been hit especially hard by this economic environment, impacting our Company's ability to meet financial and operational objectives. That is why JCPenney has chosen to pursue a financial restructuring.
We believe this process will give us the financial strength to weather the pandemic and evolve our business while also reducing our debt and increasing our flexibility to better position JCPenney for the future. This will allow us to better serve you, our valued customer.
I want to assure you: JCPenney is NOT going out of business. JCPenney will continue to be one of the nation's largest apparel and home retailers. Our expansive footprint will still include hundreds of stores across the U.S. and Puerto Rico, as well as our online flagship store, jcp.com.
While our stores have been closed during the pandemic, we are now safely and gradually reopening across the country, based on state and local guidelines. Check here to see if a store near you is open, and for more information on the important health and safety measures we have put in place to help ensure a healthy shopping environment.
We remain dedicated to offering you an inspiring shopping experience with the value and quality you expect in both our stores and on jcp.com. We will continue to provide compelling merchandise and offer new services and innovations, including Contact-free curbside pickup at all open stores.
JCPenney has been part of America's communities for more than 100 years, and we look forward to serving our customers for another 100 years.
Thank you for being our valued customer.
Sincerely,
Jill Soltau Chief Executive Officer JCPenney
by Anonymous | reply 40 | May 16, 2020 1:20 AM |
R38, I buy the Worthington and St John's Bay clothing for work. They also carry the major lines of jeans (Levis, Lee, and some house brands). I also like their exercise clothing (Xersion).
by Anonymous | reply 41 | May 16, 2020 1:44 AM |
I have a Penneys card. If they go belly up, will they write off customers' credit card balances in bankruptcy, or will we have to pay up?
by Anonymous | reply 42 | May 16, 2020 1:52 AM |
R42 They don't actually own the card accounts anymore; Synchrony Bank does. So it doesn't affect them. When HH Gregg went bankrupt, Synchrony turned their card into Synchrony Home. The card is usable at many stores.
by Anonymous | reply 43 | May 16, 2020 2:13 AM |
HH gregg went bankrupt???
by Anonymous | reply 44 | May 16, 2020 3:52 AM |
R44 In 2017. Then a company bought their trademarks for a totally unrelated online retailer, which has since opened one store in NJ.
by Anonymous | reply 45 | May 16, 2020 3:55 AM |
Only Mexicans shop there
by Anonymous | reply 46 | May 16, 2020 4:01 AM |
R46 Maybe it depends on location, where I live they all seemed to shop at Sears. Though, the last one in the area closed right as the pandemic started so maybe they will move to Penney's now.
by Anonymous | reply 47 | May 16, 2020 4:11 AM |
I didn’t want it to happen but I was raped before the game.
by Anonymous | reply 48 | May 16, 2020 4:32 AM |
?????
by Anonymous | reply 49 | May 16, 2020 4:39 AM |
It was GHASTLY!
by Anonymous | reply 50 | May 16, 2020 5:05 PM |