Wednesday, March 22, 2017

JC Penney in death spiral from gay-pandering: 138 stores to close by end of April

I guess openly hating white males and Christians, and like MACY'S, their whole men's department is totally GAY, isn't working out for all these companies. This is what happens when less than 1% of the population has the satanic network shoving its lifestyle down our throats. WE VOTE WITH OUR FEET.

Something is rotten at J C Penney”):
  • In February 2012, J. C. Penney chose public lesbian Ellen DeGeneres to be the company’s spokesman.
  • In May, the company featured a lesbian couple in its Mother’s Day promotion.
  • In June, the company released a Father’s Day ad depicting two gay men and their children.
Johnson’s gay-pandering alienated many Christians who, quietly and without fanfare, began boycotting the department store. (I have not stepped foot into a JC Penney since.)
The boycott in turn led to a precipitous drop in the company’s stock performance by as much as -51% from February 2012 till April 2013, when the company fired Johnson, after only 17 months on the job, and apologized to its customers for having made “changes” that they didn’t like.
JC Penney never recovered from the gay-pandering debacle, as seen in this Morning Star graph of the company’s stock performance since 2012 (dark blue line):

On February 24, 2017 in a press release, J.C. Penney Company, Inc. announced it will close two distribution facilities and 138 stores over the next few months, in “a plan to optimize its national retail operations as part of the Company’s successful return to profitability.”
Click here for a list of stores that are slated to close. Most affected stores will begin the liquidation process on April 17.
Openly Gay CEO tried to make JC Penny's another Ambercrombie and Bitch
Ronald Johnson
Rotten CEOs like Ronald Johnson, who no doubt left JC Penney with a “golden parachute,” never pay for their mistakes.