ST Alpha - "I do feel bad for the JC Penny, their restructuring plan was working but Covid completely finished them off. -- nm" (Reading a Post)

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In response to "Remember when Ron Johnson, Apple Stores Chief, was chosen as the new CEO of J.C. Penney? That went well." by Mop

I do feel bad for the JC Penny, their restructuring plan was working but Covid completely finished them off. -- nm

Posted by Jovian (aka Jovian) May 20 '20, 08:49

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Responses:

Totally agreed. Sears was done when they were done. JCP, not. -- nm - Spawn May 20, 08:50 6
- That's the problem with Retailers with long histories. Tend to stick around long past their prime -- nm* - budice May 20, 09:12
- FWIW, neither Sears nor JCP are gone. Just another "restructuring, closing stores, laying off employees" bankruptcy. - Mop May 20, 08:53 4
  - Macy's can f- right off. They killed Lazarus, which was a quality store. -- nm - Spawn May 20, 08:58 2
    - They absorbed most of the other legacy department stores. Meier & Frank, Marshall Field's, etc. - Mop May 20, 09:07 1
      - Will be converted into condos! - Spawn May 20, 09:10
  - ... wow. I thought Sears was long gone. Looks like there is one left in Indiana (and a handful of their offshoots). -- nm - Spawn May 20, 08:55

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