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It's All Over For J.C. Penney

Writer Daniel Martin

Pick up the closing sales while you can because you won't be getting St. John's Bay clothing much longer.

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by Anonymousreply 4May 22, 2018 10:10 PM

That's funny because J.C. Penny just put out a casting call for a major TV and print campaign last week! Auditions are going down now in NYC.

by Anonymousreply 1May 22, 2018 9:17 PM

Since when has Jim Cramer ever been right about anything?

JCPenney will benefit from the imminent demise of Sears/Kmart. Especially since they've started selling major appliances.

by Anonymousreply 2May 22, 2018 9:47 PM

Shopping this weekend for my summer wardrobe!

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by Anonymousreply 3May 22, 2018 10:00 PM

The soon-to-be departed CEO of Penney was the ex CEO of Home Depot. I'm guessing a head hunter approached the Penney guy with an offer he couldn't refuse and the guy took it since the money was fabulous and his background was with Lowe's chief competitor.

"Analysts" like Cramer have been predicting the IMMINENT, ANY SECOND NOW demise of Sears, Macy's, Penney's, Dillard's and just about every other middle class department store, but these stores are all managing to hang in there. These "analysts" belong in the same boat as the "Trump will leave office any day now" crew.

It's all just fucking click bait.

by Anonymousreply 4May 22, 2018 10:10 PM