Thread regarding JCPenney layoffs

JCPenney will not be around in a few years

My store is a constant mess, store managers are shuffled around like crazy. Plus hours continue to be cut, and home often time is closed and has nobody even scheduled. I really don't see this company around in a few more years.

Couldn't agree more with you, @YItv31J-8udy.

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| 1601 views | | 3 replies (last June 22, 2019) | Reply
Post ID: @OP+YQk40Gx

3 replies (most recent on top)

REGARDING :"The new CEO won't make any money if they file for bankruptcy"

Her base is 1.4 annually regardless , not a bad deal for a sinking ship.

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Post ID: @Qxgn+YQk40Gx

Some predict this fall but others are saying more likely 2023 when some big notes come due. The new CEO won't make any money if they file for bankruptcy right now. She gets her bonus and everything else if they wait.

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Post ID: @Ajcr+YQk40Gx

I agree.

Customers cant shop if they wanted too. product is literally crammed into the store. fixtures everywhere and over stocked with too much merch. its impossible to maintain a table with 40 shirts in a stack.

Their is no clear vision..just a bunch of random stuff.

Just get rid of all of the clearance from 3 years of bad buying. we are not making any money on it anymore at 90 % off.

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Post ID: @1tyk+YQk40Gx

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