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J.C. Penney stock crashes with news of gay marriage support

Discussion in 'News & Current Events' started by freeatlast, Jul 17, 2012.

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  1. freeatlast

    freeatlast New Member

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    #1 freeatlast, Jul 17, 2012
  2. targus

    targus New Member

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    #2 targus, Jul 17, 2012
    Last edited by a moderator: Jul 17, 2012
  3. webdog

    webdog Active Member
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    Having worked there it has more to do with reinventing the wheel than supporting homosexuality. They were a company driven on sales, and when they decided to do away with all sales for an "every day price" the company tanked.
     
    #3 webdog, Jul 17, 2012
  4. Bro. Curtis

    Bro. Curtis <img src =/curtis.gif>
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    That's how I saw it. Penny may have been trying to save it'self ?
     
    #4 Bro. Curtis, Jul 17, 2012
  5. Magnetic Poles

    Magnetic Poles New Member

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    So what happened to Montgomery Wards? Retail all around is struggling.
     
    #5 Magnetic Poles, Jul 17, 2012
  6. LadyEagle

    LadyEagle <b>Moderator</b> <img src =/israel.gif>

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    Expect more dead malls. JC Penney is an anchor in a lot of malls. JC Penney is going the way of the past. Yes, retail sales are off, but a boycott is in place and that adds to their decline. Good.
     
    #6 LadyEagle, Jul 17, 2012
  7. InTheLight

    InTheLight Well-Known Member
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    Wal Mart happened.
     
    #7 InTheLight, Jul 17, 2012
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