J.C. Penney Down the Tubes

Posted in the Greeneville Forum


Greeneville, TN

#1 Mar 8, 2013
J.C. Penney Co.(JCP) is cutting an additional 2,200 jobs to trim costs as Chief Executive Officer Ron Johnsonís revamp of the department-store chain causes sales to plunge.

The positions to be eliminated include back-office administrators in stores and district offices as well as store leadership positions, Joey Thomas, a spokesman, said in an e- mail yesterday. About 10 percent of J.C. Penneyís 1,100 stores cut their headcounts because of sales volume shifts, he said.

Johnson said last week that 19,000 J.C. Penney employees have lost their jobs in the past year as his turnaround struggles to gain traction. The retailerís revenue fell 25 percent to $13 billion in the year ended Feb. 2, the lowest since at least 1987. Customers have been alienated by marketing missteps, a failed attempt to transition away from sales and coupons and Johnsonís plan to turn most stores into collections of boutiques.

Mooresboro, NC

#2 Mar 8, 2013
I hope the one in greeneville goes. A loser store in a loser town, and besides, if you really need something, go to johnson city or kingsport. They never have what you want in greeneville.

Greeneville, TN

#3 Mar 11, 2013
hey bye how would you feel if you lost your job you a**hole! People have jobs there you loser! Greeneville needs to keep all the businesses they can! Hope they shut the place where you work down! Oh wait I bet you have no job and selling drugs don't count
monster you made

Kodak, TN

#4 Mar 11, 2013
The JC. Pennys in Greeneville doesn't have a d@mn thing for boys older than toddlers! And very few girl clothes older than toddlers. Forget about kids shoes too. That store needs to close or at least get rid of all the old lady clothes and put more kids/teen clothes!

Greeneville, TN

#5 Mar 14, 2013
funny how all you people say places need to close! If this town keeps going the way it is we won't have nothing and your neighbors wont have jobs! maybe they should close down your jobs too since things aren't perfect either I would rather shop there than belk any day

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Greeneville Discussions

Title Updated Last By Comments
What do when yore bish overheats? 22 min littlebit42 2
stolen black 85 ss monte carlo 3 hr Funny 8
I need information about the Sprint plan please. 4 hr Wondering 19
Non profit church pays bill for citizen at a pr... 5 hr whothehellcares- 8
STD kings of Greeneville 5 hr thewrongismostlyw... 8
Brittany n Brett cutshaw 5 hr Discusted 1
Jordan Anderson 5 hr teamjordan 6
My ex wife 6 hr Monkeyfist 6
***** last post wins ***** 7 hr Kohlrabi 1,439
fun thing to do ***Keep a Word~Drop a Word*** (Sep '10) 8 hr Trunketeer 7,549
The Big Dig on East Church(near Towering Oaks) 14 hr sick landscaper 54

Flood Warning for Greene County was issued at March 05 at 12:00PM CST

Greeneville Dating
Find my Match
More from around the web

Greeneville People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 2:46 pm PST

Bleacher Report 2:46PM
Panthers Sign TE Olsen to 3-Year Extension
ESPN 3:04 PM
Olsen inks 3-year, $22.5M deal with Panthers
Yahoo! Sports 3:14 PM
Panthers give Greg Olsen 3-year, $22.5M contract extension
CBS Sports 4:38 PM
Greg Olsen signs 3-year extension with Panthers: 4 things to know
NFL 4:47 PM
Ereck Flowers of Miami a possible fit for Carolina Panthers