JCPenney's Single Biggest Mistake - Their Road to Bankruptcy

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The Kavalier

The Kavalier

Күн бұрын

Пікірлер: 615
@nica4849
@nica4849 5 жыл бұрын
I work at JCPenney currently, and let me tell you it’s a huge mess. Though we get a decent amount of business it definitely doesn’t help. The management at my store is AWFUL. I was never told the clear rules on things like no receipt returns and such, so when I do it a way I’ve seen supervisors handle it I get yelled at by my departments supervisor. There is no order and if you go to one person to another and ask how things should be handled everyone has a different idea. The store is terribly understaffed and at times there’s not enough supervising managers in the building at all. The wages they pay always very from hiring years. I started in the summer of 2017 making 8.50 and got a 16 cent raise at the beginning of 2018, my friend got hired in the summer of 2018 and is making 8.75. We have no loss prevention so if you walk in you can take a cart full of merchandise outside and no one will stop you.
@ciaraaaa96
@ciaraaaa96 5 жыл бұрын
THIS IS JUST LIKE MY STORE!!! The training is literally you getting thrown to the wolves
@kxp.1496
@kxp.1496 2 жыл бұрын
And now we can see why it’s failing, not because of either of you, but poor management
@raymondserrano1120
@raymondserrano1120 2 жыл бұрын
I feel you I hate this freaking business I'm glad I saw those bastards three is at work for them and I get discriminated one day a week I remember once a $90 paycheck I was so tight I took a hammer and I put it to my TV screen as soon as I told the JCPenney commercial
@Kenyadasbeauty
@Kenyadasbeauty 5 жыл бұрын
As a former employee of JCPenny salon I believe the company could do a lot with the salon and Sephora. They've done small in-house events however nothing nearly as big as they could. This particular salon (in Rhode Island) saw one million dollars in sales from a handful of stylist and still, many people do not know that there is even a salon in JCPenney stores.
@Chicago48
@Chicago48 5 жыл бұрын
JCP owns Sephora?
@Kenyadasbeauty
@Kenyadasbeauty 5 жыл бұрын
LiS Wright I believe just the JCP stores that have a Sephora inside of them.
@TheBeautifulBre
@TheBeautifulBre 5 жыл бұрын
Same in michigan we pass cards inside the jcp store and customers including those with jcp creditcards didnt know about The salon.
@TheBeautifulBre
@TheBeautifulBre 5 жыл бұрын
In michigan they really only come for jewlery sephora or the salon. Most ppl come for sephora most ppl dont know about the salon.
@hazelitahayes9231
@hazelitahayes9231 5 жыл бұрын
I like this.Great thought
@vanessarenee3959
@vanessarenee3959 5 жыл бұрын
Currently working at JCPenney, I would say that my store is one of the busiest. My store is located inside of one of the only malls in my area and is constantly packed. But don’t get me wrong there is still tons of problem. For starters they do not know how to train their management staff. All of my managers at my store are always on different pages and it hard to run a store when all your managers tell you total different things. But what I would say the biggest problem is is the whole constant coupon things. We have coupons so often so when we don’t the customers get mad at the associates because they fee as though they are entitled to a discount so when there isn’t one, they do not wanna shop. I feel as though if they switch to an everyday low price it would take a lot of pressure off the associates and the managers which would allow them to better run the store. They would also get life time customers rather than having customers come in only for the $10 off of $25 coupon
@aaronnewell-tutu1723
@aaronnewell-tutu1723 5 жыл бұрын
I used to work at JCP and yes customers are always asking about coupons and feel entitled to them. They tried cutting coupons out of the equation years ago (Rons idea) but it wound up hurting sales so they had to bring them back.
@lissetm.cortez4159
@lissetm.cortez4159 5 жыл бұрын
I work at jcp too and i totally agree with you!
@AleaMcKenzie
@AleaMcKenzie 5 жыл бұрын
I work there also & I kinda agree. I have had a lot of people get irritated, like I’m sorry? I can’t do anything that?
@mmloverjm
@mmloverjm 5 жыл бұрын
I use to work at JCPenney and this is so true.
@25crabapple
@25crabapple 5 жыл бұрын
I work at Penney’s too, and it’s crazy how many people come in and expect a coupon with everything they buy. It’s always the older crowd too.
@donnav6219
@donnav6219 5 жыл бұрын
Their women's clothing have been horrible the last several years. The buyers should be fired! Gone are the classy casuals, SJ Bay, and the Worthington brand was great for the business woman. Now the women's clothes are garish prints and poor quality fabrics. Get back to what made the store popular.
@Mercy2Mee
@Mercy2Mee 5 жыл бұрын
Donna Valentino really?? I love Worthington and A.n.a still
@Impericallyfrozen
@Impericallyfrozen 5 жыл бұрын
Lmao those brands are still there
@RattKing666
@RattKing666 5 жыл бұрын
the woman's section for atleast the plus size is awful. They have a great men's big n tall but the womans section is terrible. My wife can only find one or two items that she likes every 3 or 4 times we go there for myself.
@M377ow
@M377ow 5 жыл бұрын
Stuff I buy there is low quality and breaks/ seams break easily.
@nonyabidness5708
@nonyabidness5708 5 жыл бұрын
I live their petite dress selection... So it isn't all bad.
@sherk2451lol
@sherk2451lol 5 жыл бұрын
The JCP that I used to work for was severely understaffed. It had very unprofessional management. People got fired for stupid reasons. They are never really able to compete with other retailers in making their customers feel welcome. The stores are very outdated and just a drab to shop in. Sometimes you can't even find what you are looking for. The styles of clothing also need updating.
@happydayz7857
@happydayz7857 5 жыл бұрын
I felt bad for Ron Johnson but he really should have consulted or listened to consultant’s opinions. They likely would have told him Americans love the word ‘Sale,’ especially the grannies shopping at JCPenney.
@herfmonny
@herfmonny 5 жыл бұрын
Happy Day well I was there we he started it not that he listened he bring in all his own guys
@professionalinsultant3206
@professionalinsultant3206 5 жыл бұрын
Ron Johnson is a flawed character. people with huge ego tend to lose in the end.
@erinreasoner1367
@erinreasoner1367 5 жыл бұрын
I have been a customer for 30 years myself but my mom shopped their when we were little. I used to love the quality of their stuff. Everything was made well and you have it for years. When they decided to rebrand themselves and change to lower price point then they brought in inferior products. Example I have 2 comforters I have had at least 15 years and I have washed them over and over again with no issues. I bought a comforter the other day and I went to wash it and it fell apart in the wash. Cheaply made cheaply sewn and the material was thin. I wish they would of stayed there old self as people who buy there want quality not shit
@erinreasoner1367
@erinreasoner1367 5 жыл бұрын
GiGi I bought it online. You can’t buy a lot of stuff in the store like you used to it’s all online so you don’t know til you get it. Everything was better back then. You didn’t have to worry about sizing like you do now. It makes buying clothes awful. Everybody wants a better price and the only way to do that is source clothing from overseas and the quality isn’t that good. Sorry if that offends. I like lower prices but somethings can’t be made cheap like clothing and bedding etc
@dj33036
@dj33036 5 жыл бұрын
Their = there.
@videosvideos6243
@videosvideos6243 5 жыл бұрын
As a former employee and research i conducted on JCP a few years ago, many variables exist that plagues the future of the company. Some of the variables are not understanding the direction of consumers, self absorbed leadership, failed supply chain process (evident from my research and recently being sent a $200 plus jacked that i did not order), and failed hiring practices. Lastly, JCP’s stock price has been over valued on purpose so that the executives could increase their paychecks.
@real_fjcalabrese
@real_fjcalabrese 5 жыл бұрын
As a kid, my sneakers and Levis came from JC Penny's. I suspect the long slow death of the malls has a huge role in Penny's decline.
@montanamountainmen6104
@montanamountainmen6104 5 жыл бұрын
Malls across America are dying. The one in my town is about vacant, JCP left a few years ago, then Bon-Ton ( Herbergers) rent is the major fact the cost is unbelievable. Amazon is beating them at every turn , younger people are not shopping brick and mortar stores.
@Outofthejungle
@Outofthejungle 5 жыл бұрын
Amazon beats their prices , because the brick & mortar stores have to include the cost of the welfare whores and their “baby daddies “ thieving bastards stealing daily and pitiful assed libtard communist judges that won’t punish the pukes.
@karibennett5847
@karibennett5847 5 жыл бұрын
@Selim Sultan Akbar I do not think that liberal and communism even go in the same sentence lol. I have seen this a lot-just laugh at the hatefulness and ridiculousness they get it from their leader.
@shwmehvn
@shwmehvn 5 жыл бұрын
Same here! We were a JCP family, my Levis, sneakers, rain jackets, tees all came from JCP. I really hope it survives.
@garysager9028
@garysager9028 5 жыл бұрын
Mister AlwaysRight you see the same thing I’ve seen. Bunch of dirtbags in the store messing up displays, shop lifting, spilling drinks etc.
@larryhollis4325
@larryhollis4325 5 жыл бұрын
I worked at corporate during this time. Ron was trying to change the customer base. He wanted to introduce Middle America to higher-end brands and eliminate sales. His ideas were revolutionary but forgot who our core customers were. Oh and he blew millions of dollars in the process...the BOD should take some of the blame here too. His team blamed veteran staff for the lack of sales when in reality they were causing the chaos.
@5850terry
@5850terry 5 жыл бұрын
Thirty years ago I sold suits at JCP. Their better suits were really pretty nice and if you were willing to wait a few weeks they had an amazing line of Italian suits that you could order. We also did complete tailoring, not just inseams and sleeves but everything, and it was free. Johnson had the right idea but he was about five years too late.
@herejustreadingbook7586
@herejustreadingbook7586 5 жыл бұрын
I had three blue suits . Very comfy . I m8ss those
@jonathangreen3775
@jonathangreen3775 5 жыл бұрын
As someone who works for a department store that seems to be succeeding in the retail apocalypse, companies like JC Penny need to add more service to their customers. Where I work, they've been eliminating registers so that the sales people are actually out on the floor helping customers. I never see that at Penny's or Sears.
@The_Kavalier
@The_Kavalier 5 жыл бұрын
Agreed. A big component of his reimagining of the stores was to make it heavily serviced based the way Apple stores are. He wanted “town squares” and experience shops within the store. The reason Nordstrom is still a desirable destination is the high level of service. JCPs are ghost towns anymore.
@stephaniemcbride2820
@stephaniemcbride2820 5 жыл бұрын
I work for JCP now & have for 15 years. The store I work in has 15 registers & they are split up in different areas of the store. & even during this busy time of the year 4 at the most is opened for customer service check out. & the lines never stop we hear all day long you need more help up here because people just don't want to wait. & I am on the floor & the register & I love customer service, I love helping People but I've come to notice in the years you offer help they don't want it but then all we hear about is there is no one to help me. So from my experience taking away registers would not be the best idea since the lines are already long to wait in.
@AlannaSnydermeowdesu
@AlannaSnydermeowdesu 5 жыл бұрын
While I agree this is a good idea, it doesn't work well within larger stores. As I've stated previously in a comment, I work at the largest JC Penney's in my area (I think in my entire state, even). We have two floors and 7 sections of the store with at least 3 registers (most have 4) and 1 or 2 sections with just 1 register and we barely have enough people to staff all these areas on a given day, much less have enough people running around specifically to help customers. The majority of the workforce that makes up Penny's is older people and college-age students and teenagers. While I'm in my 20s, I am literally one of the only full-time cashiers in the entire store. The rest are either there for the holidays specifically or are part-time with pretty strict schedules. In fact, one of my coworkers (she's around 60-ish) has her availability down as needing to leave at 9:30 and she cannot be flexible, yet they've had her scheduled until 10:30 and even 12 AM at times, even though she is not available for those times. We have people on the floor, but their job is to deal with the massive amounts of clothing, toys, shoes, etc. that people leave at our registers or return at our registers; they also help tidy up the store... if they have time. So again, while this is a great idea, it doesn't work for very high-volume, large, and busy stores like many of the remaining JC Penney's are, especially when you take into account the long wait times customers can have regardless of how many people are on the floor helping them.
@idmhead0160
@idmhead0160 5 жыл бұрын
Maybe they could be like Walmart. Have 20 registers with only 1 or 2 open. And have 1 or 2 people on the floor that are completely unhelpful.
@idmhead0160
@idmhead0160 5 жыл бұрын
@@The_Kavalier No offense, but, not everyone is an Apple fanboy like you. And not all businesses should be modeled after them.
@json8288
@json8288 5 жыл бұрын
I liked the historical look back. Thanks for another informative video.
@stallion7012
@stallion7012 5 жыл бұрын
LOL, I work at JCP. The problem at least on the internet side is (1) The web site is not user friendly to customers, (2) Hugh turnover in the call centers including managers. (3) Below market pay for various jobs as related to other call centers. Senior management is not listening to what employees are telling them to turn the company around. The reason may be because there is more turn over in senior management!!!!!!!
@jewlenemiller4472
@jewlenemiller4472 5 жыл бұрын
Exactly in my year of working for JCPenney, we’ve had at least 4 or 5 different management teams just leave or they bring in new ones ! I’m like what the heck ? Maybe instead of hiring new management and bringing them in from different stores. Try hiring from within the company as well, some people don’t want to be stuck folding clothes forever!
@troyfarley4225
@troyfarley4225 5 жыл бұрын
Like these videos. “Wall Street” was the reason Ron Johnson was brought in. Bill Ackman and Pershing pushed for the changes that truly were a stretch for the Penny’s shopper. As my wife said at the time, “ If I wanted to use a iPad to order jeans why didn’t I just stay home?” Her confusing experience saved me a lot of investment dollars.
@drewk1514
@drewk1514 5 жыл бұрын
"activist investors" help no one but themselves. Ackman, Bain Capital, Eddie Lampert --thousands of jobs lost as they plundered.
@harlotOFa7x
@harlotOFa7x 5 жыл бұрын
I used to work JCP call center and we would witness and hear of so many things the stores or online associates (or company in general) would do that would lose customers or business. We would pass along these instances and give ideas how to fix it but no one cared. We would constantly be told by the customers that stores near them were closed so they couldn't shop there and they didn't like the hassle of shopping online. I was never a big JCP fan but I would never wish the decline of a company this big because that means the loss of a LOT of jobs. I hope someone in charge starts listening to the workers and the customers, or they really will go out of business...
@Caeric77
@Caeric77 5 жыл бұрын
I actually liked the more honest pricing model that JCPenney tried for a while under Ron Johnson. Every time I go in now (rarely) I feel like they are outright lying to me with the marked prices, even the 'discounts' and 'buy 2 get #' gimmicks, and they are playing games with coupons and points and 1000 hoops just to get near the same price I can find online. It's a sad decline. By the way, the beard looks great... and your eyes and that sweater! Wow.
@amaradaniece9384
@amaradaniece9384 5 жыл бұрын
As a current employee... I know we just got a new ceo actually and it’s certain stores that are being shut down.. Jcpenney is slipping but I think we have awhile before all the stores shut down. The right Jcpenney stores make they’re goal in sales and credit so I think if Jcpenney keeps pushing they’ll be around for longer than we think. But id be kind of naive if I said they’d be open forever I’m 19 and I’m not confident in saying I’ll shop with my kids at Jcpenney but we’ll see I guess... 🤷🏽‍♀️
@arx754
@arx754 5 жыл бұрын
Amara; I like your optimism, but I think you can only count on JCP being open MAYBE for one more year. Have you heard of Montgomery Wards? Ask someone about them; they're long gone. And, Sears has switched to mainly a "tools" store. The "era" of department stores is long gone. Since you're only 19, I really wish you'd check out your local community college and start working towards an "associate's" degree. It means a two-year degree for which you get a "certificate" in some field of study. Check first with their counselor to learn more about all the various programs. There are more and more jobs---good jobs---out there nowadays for which employers are LOOKING for people to fill that are based on all the new technology that is coming out. YOU CAN do better than retail. It's a low-paying job with zero or few benefits. Matter of fact, also go online and see what jobs might be available with your local, state, and federal GOVERNMENT. With Government jobs, you get vacation time, sick leave, a pension, and healthcare coverage. Many have low pay to start with, but over the years that really builds. And, btw, you may say you hated school and didn't do well in it, but I know MANY people who say that, but when they go to junior college---community college---they see their priorities change because now they're actually working TOWARDS something----a certificate that will get them a good job. (And, yes, you can hold down a job AND go to community college both). AT LEAST, check stuff out. At 19, you have MANY options. Don't wait till you're 29, 39, 49 and say, "I wish I had....". TOO MANY people end up doing that. My best wishes to you. You already write WELL, so you're way ahead of a lot of people. It shows that you're a smart young woman and can do a LOT better job wise. Just think about the fact that you'll probably be working ALL your life. Why not invest a couple of years into getting some skills that result in a good job that you ENJOY?
@amaradaniece9384
@amaradaniece9384 5 жыл бұрын
arx754 Thank you for the advice but I’m already 3 steps ahead 😂 I’m at a junior college it’s my second year I’m transferring to a university in the fall of next year to finish with my bachelors in the next few years. I work at penny’s part time and I mean I get paid 9 so it’s low paying but seems like penny’s is the only place that likes me idk y but i have so much time with Jcpenney it’s almost like why work anywhere else. Once I transfer to my next school I’ll have worked at 4 different Jcpenney’s. I don’t think Jcpenney will be closing or close to closing the the next year maybe a couple stores but Sears is gone I don’t think Jcpenney will be. And if they do I guess I’ll be on the (sorta) inside knowing what is actually happening
@arx754
@arx754 5 жыл бұрын
@@amaradaniece9384 Wow. i guess you told me about making assumptions on my part! lol. You ARE very smart, and I am so happy for you. Such a good head on your shoulders, and i know you'll do well. And, yes, it makes sense to stick with JCpenny. i imagine, too, that they're working with you so that you can work there plus take classes. I was just concerned that you might be "stuck" there (or just in retail) and had no future plans. I DO hope you're right about Jcpenney. My friend and neighbor loves the store and shops there regularly. i don't shop there but it's just because I don't shop much anywhere. (I'm retired now). But, years ago, I shopped there a lot and "grew up" with Jcpenney, including looking through their catalog. Well, it's New Year's Eve, so 'Happy 2019!". Reading your reply was such good news! : )
@mrs_l_samich8449
@mrs_l_samich8449 5 жыл бұрын
I quit at jcpenny and it was hell!!! I can’t even tell you how much discomfort I had to deal with mangers to push customers just open a credit card just to sale sale sale .... I even feel bad for the people who already have the cards because the damn interest is higher as well ugh 😑 I also don’t get benefits.... so I’m not going to be shopping or going there .
@kennycutcher8964
@kennycutcher8964 5 жыл бұрын
Yeah I worked there over the holidays and absolutely hated it. The managers would constantly remind us to push credit cards and we would get a talking to if they saw us not do it. Not to mention they make their employees work on Thanksgiving. They opened the store at 3pm on thanksgiving and closed at 6am. Awful place to work.
@jayrussell1825
@jayrussell1825 5 жыл бұрын
I hate it when I get the 3rd degree at Kohls about their credit card, are you a rewards member, blah blah blah. Haven't bought anything at Penny's a long time.
@reneealberona5656
@reneealberona5656 5 жыл бұрын
i worked there too for six months around the holidays... never again.
@arx754
@arx754 5 жыл бұрын
I'm retired, and a year or so, when I needed some extra money for something, I took a part-time job at Walmart as a cashier. Twice, they had this big "push" to get people to open a WM charge card. It was set up as a competition among the cashiers, and cashier who signed up the most people got something. I don't even know what because I AVOIDED trying to convince ANYONE to open a charge account. 18% interest? No way. Credit card debt is a MAJOR problem in this country, so I barely asked people if they had a card or wanted one, and I only did it if a fellow employee or manager could overhear me. Matter of fact, I think I only signed up TWO people, but because of their bad credit rating, they didn't get a card. lol.
@JeremyBolanos
@JeremyBolanos 5 жыл бұрын
They lost me when they shrank the men's department and focused on skinny jeans and work out cloths.
@berlanti2945
@berlanti2945 5 жыл бұрын
Oh no! My mom works at jcpenny the store in our town hasn’t closed yet so hopefully it won’t. It was difficult for her to find a job and I hope she keeps it.
@brittany6954
@brittany6954 5 жыл бұрын
Some experts are predicting JCPenney as company to go bankrupt as early as May this year (meaning all stores will close) I wish your mom luck because honestly I expect there to not be any stores within the next five years. Dont worry though, if your mom has a lot of experience im sure she can find another retail job. They are easy to come by.
@holmiumh
@holmiumh 5 жыл бұрын
Encourage your mom to get the Résumé ready and start practice interview skills and if at all possible start applying all the good local jobs to see how the market reacts to her. Stop hoping and start doing.
@seansurfn2
@seansurfn2 5 жыл бұрын
your mom needs to learn to adapt or she will be in the same boat as jcpenny
@dan83to
@dan83to 5 жыл бұрын
Always great to see some facts on retail industry and how companies must adjust and adapt in order to survive and understand this complex world we are currently living in. Great analysis Jon!
@araineacutebrownnurse7315
@araineacutebrownnurse7315 5 жыл бұрын
As a child I absolutely loved looking through the JCPENNY catalog! I was sure it was the biggest catalog in the world.
@AlannaSnydermeowdesu
@AlannaSnydermeowdesu 5 жыл бұрын
I currently work at JCPenney and I also happen to work at the biggest and most busy JCPenney in my area. The mall that my Penney's is attached to is actually still pretty busy, but mostly because we have three major anchor stores -- one of them being JCPenney, the other two Nordstrom and Macy's. Interestingly, though, Nordstrom is going to be moving to one of the most popular outdoor shopping centers by 2019 or 2020, I believe. My store, while old, is actually kept fairly clean and we have no real issues with lighting like you mentioned with your JCPenney. I feel like it's because, in my area, Penney's is pretty popular, especially since it's one of the largest, if not the largest, stores at the only indoor mall in a 30-mile radius. It's two floors, with the biggest section being the men's section on the second floor and the second largest being the kid's section on the first floor. The salon and optical departments rarely have people inside, though the salon is doing pretty well from what I know. The main focus for cashiers at my location is taking care of the customer and credit cards. Their training "program," if you could even call it that, for new hires is absolute bullshit as I wasn't even trained. I have a background in retail (I've been doing retail for 6 years) so I picked it up pretty easily, but I learned the entire register system by myself. We constantly hire people, but we also have a giant turnover rate. I want to say, since my first day on November 4th of 2018, about 20-30 people have either quit or just stopped showing up to work. Penney's has picked up doing coupons again, though, and actually has some really good pricing on clothing items, especially when used in conjunction with the coupons. I've had people who had $300+ in clothing and shoes walk out only spending about half that much because of coupons (though we're only supposed to use one coupon per transaction). The one issues I've experienced is specifically in regards to people being upset about coupons not being usable on national brands (i.e. Nike, Adidas, Disney, Lego, etc.) and certain types of items such as toys and electronics. This has generated huge complaints by our customers, especially since it's Christmas time and people want to save as much money as they can, especially on toys. Either way, Penney's seems to be doing fairly well in certain areas -- mostly in areas with an older population since they've been brand-loyal for the past 60 years.
@georgewilliam8501
@georgewilliam8501 5 жыл бұрын
I still go to JCP for a lot of things. It's the only anchor store left at our mall. Sears, Macys, and Elder Beerman have closed their doors, and I'm really afraid if JCP closes their store, the mall will definitely die.
@arx754
@arx754 5 жыл бұрын
@Sapsaol Ortega No one has a DUTY to shop at stores they don't want to shop at. We don't shop at particular stores out of "charity any more than businesses offer "low prices" out of charity. It's always been that businesses face competition, and the ones who can't "cut it' go under.
@josephlacerra8433
@josephlacerra8433 5 жыл бұрын
So, if the malls die ... who cares?
@arx754
@arx754 5 жыл бұрын
@@josephlacerra8433 : It's not that people don't care. I, for one, HATE hearing about people losing their jobs because i have no doubt they were struggling to survive even before they lost them. BUT, malls have been dying off for over 10 years now. People's shopping habits have changed, and there's nothing that will bring malls back. People will NOT shop at malls out of "charity" for the businesses still there. It just doesn't work that way.
@jthor3097
@jthor3097 5 жыл бұрын
JC Penny is my favorite department store. I’m very sad at the poor state the stores are in and that they may not be around for long.
@jconnway
@jconnway 5 жыл бұрын
I recently went to a JC Penny that was a mainstay of my early 90s childhood. It truly was a sad sight. Dingy and dirty, uninviting... I literally felt like I was walking 25 years into the past. Also I just want to say, this was a fantastic video! Some of my favorite videos you do are the analysis of brands.
@The_Kavalier
@The_Kavalier 5 жыл бұрын
Thank you! Some of my favorite to put together too.
@tjs5770
@tjs5770 5 жыл бұрын
I worked for them during the transition. I personally liked it because I actually wanted to shop there for the first time. They had fashionable items and the stores were starting to look great. I wish they had kept him around. He was actually investing in the stores, which is something I think a lot of retailers (*cough*cough Sears) are failing to do. One thing I would have liked to see from him is an investment in the website. The website was and is still awful and definitely not optimized for mobile shopping.
@TheCanningite
@TheCanningite 5 жыл бұрын
Great vid, engaging and tight and packed with info. I think JC Penney, for a lot of city-based younger professionals with disposable income and an interest in clothing (i.e. many of your viewers), suffered from an intractable branding problem, which would be almost impossible to overcome. It's a shame to see a bit of Americana slowly die off like this but at the same time malls aren't really something to weep over too much. Downtowns much more so of course -- and I should say that for example in my hometown, we had three downtown 'anchor' private department stores, each quite grand and very historic in their own way, which from the 1970s-90s were themselves killed by the malls and strip malls that housed the JC Penneys, Wannamakers, Sears, etc in the newly plowed under cornfields outside of the city limits. So, what went around came around, if you will.
@BendawgLJ
@BendawgLJ 5 жыл бұрын
During the Johnson era, I was spending a decent amount at JCPenney (I happened to need to refresh my wardrobe anyway). Always compliments from Portland co-workers. Now I go in and just see cluttered stores with boring menswear and generic self-shop shoes. I even visited the remaining Golden Rule era stores in Oregon. Today, sadly, they all remain vacant holes in more rural Oregon downtowns.
@pedinurse1
@pedinurse1 5 жыл бұрын
Our JCPenny store is so overcrowded you can hardly see the merchandise. You can hardly find a cashier. I swear anyone can walk out with anything. On Black Friday, they had big discounts, but the line to go in was massive and time-consuming to get into the store. Once insdie after a mere 20 min, two lines went around the entire store to pay and there were only 6 cashiers, so i left. The store used to have great shoes, , basic house staples, dresses and separates and great mens clothing. The quality went down so fast. If they would just get better products, they could win.
@sandaysunday7997
@sandaysunday7997 5 жыл бұрын
It also matters how they treat customers. They closed an active account my friend had over a misunderstanding of how he made his payments. He was making them every month and on time. But when he made the minimum payment on a couple occasions he was confused by it had switched from 25 to 35. So even though he had a balance and was an active payer, instead of just saying hey you made a mistake in your payment. Instead they closed his account, after lowering his credit line to match his balance, which was only just over 140 dollars. He paid that in full, and once he did they closed his account. So, he went on to better places and they lost a potential long term shopper! I'm the one that convinced him to give Jcp a try. I didn't like what I witnessed, so they not only lost one, but two shoppers! Honestly, Sephora is the glue that is keeping them floating. But in this oversaturated cosmetic market, Sephora needs to lower prices bc shoppers know they can get cheaper products with same quality, sometimes even better quality as the dupes market, and smaller brands, even some drug store brands have lots to offer in both quality and much more affordable pricing. Besides prices many off name companies are doing a better job with safer ingredients which consumers want! Trader Joes has more to find on one store shelf, than Sephora does in their whole store, as far as green ingredients products they offer. Trader Joes is also much more affordable. Sephora also fails to offer the shoppers incentives that Ulta does. So, longevity is all relative, and I wouldn't put stock in them at this time!
@FitManStyle
@FitManStyle 5 жыл бұрын
I worked at JCP in 2012-2013 when they had the everyday low price no coupons strategy and I agree, that 20% was VERY vocal and upset that there weren't any coupons and we, the store associates, felt the heat from them. If it wasn't for the big ticket items like furniture and appliances, the collapse would have happened much sooner.
@The_Kavalier
@The_Kavalier 5 жыл бұрын
That sucks. Retail employees don't deserve that, I think everyone should work in retail for at least 1 year so they understand how powerless most of them are, no sympathy from people that never held that role.
@FitManStyle
@FitManStyle 5 жыл бұрын
@@The_Kavalier absolutely, I have alot of empathy for retail workers. I worked at JCP and Best Buy one Black Friday, never again.
@ericazeh9760
@ericazeh9760 5 жыл бұрын
@@FitManStyle definitely feel that. I worked at jcpenney for a little over a year. We had/have plenty of coupons. Rarely we'd have no coupons, and people would always double check on their phones and try to give me online only coupons or item specific coupons. Oh they'd be so pissed that they couldn't use them and there weren't any coupons. "You ALWAYS have coupons!" I heard every time we didn't have any. People LOVE coupons.
@diannenaworensky6698
@diannenaworensky6698 5 жыл бұрын
@@The_Kavalier Yes, everyone should have to work in retail. It is a lesson in how to treat a sales person. I always say "I did my time in retail", after 3 years I felt like I was gonna have a nervous breakdown. ALL of these stores have one thing in common, TOO MANY QEEN BEES AND NOT ENOUGH WORKER BEES !!!! To top it off, the queen bees did nothing but boss the worker bees around. I am ALWAYS impressed when I see a manager who will work side by side with their employees. It shows that the manager is willing to be a team player. I went to Penny's last year for the first time in a long time. There were long lines and the selection was horrible (even though there was so much clothing on racks you couldn't even hardly walk). I wondered just who they were trying to target as a customer. They should stay with classic looks and fabrics that will carry on through time. ✌🏻❤
@MontgomeryMall
@MontgomeryMall 2 жыл бұрын
No coupons was a disaster for JCPenney and drove away many of their core customers - middle class, middle age women. They want to feel like they can get quality clothes (not necessarily high end label, but something which will hold up with wear) and get it for a "deal" via coupons. Going to JC Penney would be the opportunity to "gather" for women, armed with coupons. Why is Kohl's so popular with my mother and my lady friends? They have mastered the system of Kohl's cash and thrive on being able to get clothes for a bargain deal, whereas I don't get involved with that and thus balk at Kohl's ordinary prices.
@Ladybug-uf7uh
@Ladybug-uf7uh 5 жыл бұрын
JCPenny, Sears, Montgomery Wards: gone or going. CEO's who have no idea about what shoppers need and want. I grew up with these companies. My family before me depended on these companies. Seeing the death throes of these entities is awful: The "forward thinking" CEO's have their money made and won't hurt for their lifetimes compared to the pain they've inflicted. You know they don't shop in their own stores.
@kevincow1448
@kevincow1448 5 жыл бұрын
On line shopping, cheap crap At Walmart and dumb consumers is what caused alot of this. You can't blame the CEOs for all of the problem's
@arnie8743
@arnie8743 5 жыл бұрын
I work at jcpenny and we don’t even have someone to watch the doors because we don’t have enough in our budget. Security pay for themselves knowing how easily it is to steal from department stores which would actually make them an investment as they save company money while greeting customers
@uncleelmer
@uncleelmer 5 жыл бұрын
I worked at JC Penny a few years ago at the holidays and it was really had been a good experience. I had been with my previous employer for decades and suddenly had been downsized so I started working at JC Penny in the holiday season. Truthfully, I was impressed at how dedicated and hard working and long term many of the employees had been. They were nice people and reflected the American work ethic all of us admire. I do recall a sense that Ron Johnson's getting rid of the discounts idea was too easily abandoned and, if my memory serves me, I think overall workers felt Ron Johnson's ideas were too easily dropped. Penny's had really dedicated workforce and loyal customer base that as a new employee I had seen right away. I think this wonderful company really lacks a vision and a willingness to boldly go into the future. They have some excellent products.
@benth162
@benth162 5 жыл бұрын
Many of the J.C. Penney stores are the anchors for malls. If they start closing those stores the malls will go with them as malls cannot survive without those Anchor Stores. People do not like to shop where there are empty slots along the walls of the mall. People inherently know when something is failing because of its feel. We have multiple malls within a mile or so of each other in Mission Valley, San Diego and there are more store closing now than ever before. IE: The malls are going to have to drop the price of renting space for their storefront slots, otherwise they will go bankrupt and become no more than a hollowed out core of what was once a great place to explore and see where the world going by.
@sakurakinomono4656
@sakurakinomono4656 5 жыл бұрын
i was one of the people who was pulled to work right below Ron Johnson and let me tell you....it was the definition of a double edged knife. The ideas he had was good and products were wonderful. However, the amount of money wasted was ASTRONOMICAL. He got rid of the talented long term managers and pulled in all his cronies from Cali/apple where tantrums and verbal abuse became a norm. (those people promply disappeared after Ron left)
@davidshea6937
@davidshea6937 3 жыл бұрын
I had worked as a Cisual Manager in a JCPenney Store in Helena Mt. for 4 years after working 8 years for another Retailer, 4 of which were spent as a Regional Director of Merchandising. The Helena Store was a Community Store, most of its‘ staff had made Careers there and everyone in Town knew them. Penney had remarkable Corporate guidance from the Recieving Room to the Sales floor. Their Seasonal Set Sell Manual was Brilliant and Informative and the floors were Set with Super Efficiency. I left in 2006 to take a DREAM job in Missoula and often visited the Missoula JCP at SOUTHGATE. The Mid 70‘s Store was nice but VERY TIRED and extremely dated as if nothing had been replaced since it opened. When I heard who was taking over I was off the Charts excited and very quickly began to notice changes. A better dressed enthusiastic staff, a crisp clean and GAP like presentation, groovy background Music...but most of all a new level of Style, a more direct, readable pricing effort, and finally clothes that I liked at prices that were unbeatable. Yes Aunt Tully, they still have your Bras, and Alfred Dunner is still on the floor! When the then popular ELLEN became a Spokesperson for their Dazzling new Snappily formatted Catalogue, I was over the MOON! Good Job I thought, you‘ve cenented your place with an Aim towards a Younger demographic, thereby ensuring another 100 Years! But Aunt Tilky was PISSED, and most of her friebds had Passed! Sad Crash ending for a BRILLIANT DRIVE!
@josephlacerra8433
@josephlacerra8433 5 жыл бұрын
I think people just feel that these department stores are no longer relevant. There is nothing they sell that cannot be obtained either faster or cheaper elsewhere. The department stores offering of 'service' just is not valuable in this age of online reviews and easy instruction. In other words, they just don't have anything unique to offer me to make me go to their store.
@87Wayne
@87Wayne 5 жыл бұрын
Perception is everything and the switch away from promotional prices w/coupons just did not work. Walmart does use everyday "low" prices but of course now has "Rollback" (sale) prices. Shoppers feel like they are getting a "deal" when they use a coupon regardless as to true value. I believe they will make it. Their website has improved a great deal but should look at how Macy's does it as there is room for improvement.
@ElenaRose725
@ElenaRose725 5 жыл бұрын
I've been a regular shopper at JCP for most of my life. As my girls grew up, JCP was the first place we'd shop for clothing. During the period when Ron Johnson was at the helm, I rarely shopped there at all. In fact, every time I went into the store, there was practically no one there besides the sales associates. I appreciate what he was trying to accomplish yet I felt he had forgotten what made JCP so popular in the first place: the coupons, the sales, and the catalogs. People like my mother-in-law who spent a huge amount of money there over the years were the store's real assets, imo. She purchased everything from clothing, to bedding, to furniture, to items for the home, to appliances. Her entire Christmas lists were shopped for at JCP. Since the change, she hasn't been much of a customer. Moving on, I believe everyone likes to feel they've gotten a good deal and I just didn't during that era. I also felt the products were cheaply made and wanted nothing to do with JCP. Perhaps I wouldn't have minded not having a coupon if the items were of good quality. They weren't. I'd say everything has turned around in the last several years when they added Sephora which has been a huge asset to our local store. It is always busy now (and not just in Sephora either). The only thing I'd change is putting more sales associates on the floor. Where we once had seven or eight areas where we could pay for our purchases, now we're lucky if we have three or four. Waits can be long. (It's not uncommon to buy tennis shoes in the jewelry department!) I've noticed this trend in other stores as well (i.e., Belk) so I guess companies must be trying to save money by hiring less employees. It's frustrating.
@Mister_Phafanapolis
@Mister_Phafanapolis 5 жыл бұрын
I WISH I could go in to a mall and find anything worth my money. When I walk into a store or website and *everything* is on sale it feels cheap, gives me the impression that nobody wants this junk and they're trying to peddle it off on the first sucker they find. Their intention is to drive a feeling of scarcity, limited quantities and that this item may never ever be in stock again but in practice it just makes the place feel low rent. RIP Dillards, JC Penny, Kohls, Sears and all the rest.
@The_Kavalier
@The_Kavalier 5 жыл бұрын
Agreed. and the whole reason I started this channel. Department stores were perfect for their time but not as important in an internet age...
@ahyodem
@ahyodem 5 жыл бұрын
As a person 6' 5", I definitely have almost nil reason to hit the malls. I have learned a lot from videos like from The Kavalier and have finally started to get clothes that actually fit and not are just a compromise. When you are this tall, the "specialty" brick and mortar big&tall stores are also very depressing. Their clientele base seems to be very large or very tall. I welcome the online retailers with items made in the USA and enough sizes available to make a broad spectrum of people loyal customers.
@wando89
@wando89 5 жыл бұрын
What an awesome video and extremely well put together presentation of what happened to my favorite department store. Like so many, change is hard and if you wait to long to make changes you will be forced to end your business.
@tresadrienne8724
@tresadrienne8724 5 жыл бұрын
I grew up going to "Penney's" as my Grandma always called it. It was a staple of our shopping. My grandfather used to work in the suit department and retired from there. When I got married and had kids, I would only go when my family would take me. On my own, I had no interest in it until 2011 when they did their rebrand. My husband and I loved it and started going there willingly and got lots of nice pieces. When they went back to the "Granny model", I stopped going and haven't looked back. It's sad. I want Penney's to survive. Imagine if they listened to Ron, they could've become the Target of department stores. Think of the hardcore love people have for Target. I wish Penney's could have that.
@yazmillah
@yazmillah 5 жыл бұрын
I still hope for a miracle for this company and its employees...my first job in this country upon migrating in the 80’s was at a JCP in a Mountain View, CA and is was so memorable to me...later i moved to NYC and worked for the now defunct, Gimbels, then Abraham and Straus and finally Saks Fifth Avenue...and despite working at higher end stores I remained a loyal customer to JCP - to-date, and for many years ignoring the employee discounts afforded me by my high end employers...I hope it stays afloat 🤞🏼🤞🏼🤞🏼🙏🙏🙏
@aaronbays4
@aaronbays4 5 жыл бұрын
IMO there is no market anymore for a middle of the road department store or retailer. People that want that specialized service, the better quality merchandise, more fashionable clothes will spend more money to shop at some place that is a bit more upscale like Dillards, Macy's(the one in my local mall is really nice), or on the high end places like Saks, Nordstorm etc. JCPenny has been mis-managed for years, it shows in the store at my local mall(Cool Springs Mall in Franklin TN). This is one of the richest areas in the whole country but the store feels dated, the clothes aren't as nice, the service isn't as good, it just doesn't stack up to the Macy's or Dillards at that mall, it doesn't meet the expectations of the upscale clientele that shops there. JCP has always been middle of the road, but that customer base has transitioned to TJ Maxx, Marshalls, Target, Wal-Mart, not to mention Amazon is kicking everybody's butt on price and selection. Customers at JCP have been conditioned to expect the coupon, like I said they're the same people who shop at Marshalls and see the MSRP of $50 for pants then the actual price of $20. That isn't a sustainable business model for JCP, especially since they have to pay more rent at a mall than Marshalls, Ross Dress for Less etc
@BoltofGreece
@BoltofGreece 5 жыл бұрын
The JC Penney near me is actually pretty nice, comparatively that is, I wish they would actually make some changes I quite like JC Penney
@neidermyer
@neidermyer 5 жыл бұрын
I think one of the reasons for Sears and JCPenny's demise, is not only do to internet commerce but the fact that the generation today doesn't want to shop at the store their mom and grandmom shopped at. They want knew, modern, hip, upscale, stores to go to.
@fcburgner35
@fcburgner35 5 жыл бұрын
Ron Johnson completely changed the JCP business model into something no one wanted and ignored the warning signs. My wife was in management at her store and had nothing good to say about Johnson - called him "that goober" and left the company for greener pastures when she saw what was happening.
@robertzee4799
@robertzee4799 4 жыл бұрын
This video is incisive and very good. I am furloughed from my JCP right now, being very successful associate. I will miss JCP if it closes, having grown so much. And great co-workers. But it is true: if people and organizations do not evolve, they may not survive.
@lonnycape4418
@lonnycape4418 5 жыл бұрын
I currently am a master stylist in there salons. Our store is in Miami located near the MIA airport. I have been there for ten years now and have seen many changes with the store, including Ron Johnson he had the right idea, however the problem was that the current customer base was not familiar with higher end brands and didn’t get the concept. After Instyle Magazine partner with our salons our business has been good so far. JCPenney owns the land in our mall, and it was one of the first ones right after Sears that opened when mall mall was being built. Of course I see the decline of retailers in the mall and our own as well, but somehow the store still runs anywhere between 70k to 80k during the week and on weekends over 125k that’s a bit lower than years past. Our salon runs anywhere between 350k to 575k a year and some of our better production salons run a 1M or 2M of course we’re in south Florida. Now I can’t comment on associate problems because I really don’t know. I do hope it’s stays open because it is difficult to uproot clients to another location.
@featheramericangoodeagle
@featheramericangoodeagle 5 жыл бұрын
Every home owner knows that JC Penney is the absolute go-to place for window treatments, especially because of their awesome selection of various blinds. JC Penney also has an in-store professional consultant for making the right choices for your type of windows and matching them with your style and preference. JC Penney is quick on delivery when making your purchases online.
@alexandriageiler687
@alexandriageiler687 5 жыл бұрын
I am currently working for JCP. It’s my first job, and I’ve been here for 6 months. When I started working cash register, I really understood why customers weren’t happy. Coupons exclude a large majority of the brands in the store, several of which are main brands that pull in customers. Signs and adverts are misleading, and prices are extremely expensive without any discounts or coupons. I’ve heard for the past six months the frustrations of customers, and it’s obvious why they are on a decline. However, it does make me sad to see the company doing so poorly. So many people will lose jobs whenever it closes, and it’s been a retail icon for the many, many years. I’ll try and be with Penney’s until the end, it’s such a sad situation to see a once great company start to die off.
@549BR
@549BR 5 жыл бұрын
You hit the nail right on the head. This company is circling the drain.
@barbaraevans8888
@barbaraevans8888 5 жыл бұрын
JCPenney is a family tradition. Love the brands my mother loved. Please don't die.
@MysteryWolph
@MysteryWolph 5 жыл бұрын
I worked for them during this time. When Ron Johnson was CEO, our foot traffic went down drastically. It didn't recover. He did a few good things, but he cganged the products that appealed to the existing customers, and brought in stuff that no one would buy because they wouldn't think of Penney's for it. You can't alienate the customers you already have. Bring in new stuff, but keep your regulars coming in. People also hated the mobile checkout idea, including associates. The new stuff he brought in? Never sold, most of it went to clearance. It goes right back to staying interesting, but not chasing away your meal ticket by getting too crazy.
@andreo
@andreo 5 жыл бұрын
About a month ago the wife and I decided to buy a Christmas dress for the preschooler. I often walk the mall where there's a JCP and a Von Mar. Now the prices at Von Mar aren't horrible but you walk in the store, with someone playing the piano and a few people working each department along with quite a few pricey items, and you may think that you're a bit out of your price range. On the flip side you walk into JCP and the isle just seem a bit crowded. There are 40% off tags on almost everything. And while this is only seasonal they have a cardboard Christmas tree up which looks as tacky as it sounds. So we look a a few dresses at JCP and then head over to Von Mar. The prices aren't very different with Von Mar actually beating JCP by a small amount. Also the presentation is great at Von Mar. While at JCP we sometimes just saw dresses mixed in with each other and finding the right size took a while. At Von Mar we had someone waiting to see if we had any questions. Well, she would give us some space and head off to do whatever and walk by to see if we had questions. We ended up buying the dress from Von Mar. It was a far better experience. What is seamed to come down to was we were paying a lot more than you would at a Wal-Mart but the service appeared to be on par with Wal-Mart. While at Von Mar it reminded me of when I was a kid shopping at Carson's or Marshall Fields in Chicago. But we experienced the same prices that had at JCP. Also there weren't a bunch of % off tags making it seem like we were getting a great deal.
@The_Kavalier
@The_Kavalier 5 жыл бұрын
Yes, JCP has definitely lost a lot of their service component. That’s the reason I believe Nordstrom continues to excel where other department stores falter. It’s all about the experience and service. Otherwise you can just go online
@mydogspillow
@mydogspillow 5 жыл бұрын
I also worked for Apple when Ron left and thought he was going to do great things at JCP. My aunt and uncle both worked and still work for JCP in Plano and they never agreed with me that he would do great if given the chance. I don’t think the employees at JCP ever bought in on his strategy and turned on him as soon as the market gave them the slightest justification. Oh well, they’ll probably go down just like the other company I worked for.. circuit city. Well made video!
@The_Kavalier
@The_Kavalier 5 жыл бұрын
I missed RonJon on the store meeting videos. Oh well. No one lives forever.... Thank you for watching Daniel!
@eyeheartsushi2212
@eyeheartsushi2212 5 жыл бұрын
Daniel T Circuit City. Ooh, boy.
@stephenfestus9268
@stephenfestus9268 5 жыл бұрын
As a child growing up it was always Penny's for clothing, and Sears for everything else. I just finished working at a Sears Optical, and after 23 years my store will soon be closing. Though I can't speak for Penny's I saw how Sears changed, and the customer lost confidence in the store brand. Everybody blames the internet specifically Amazon and Walmart for the current woes in these retail stores. Sears tried to be all things to all people, and for it's time it was in the right place at the right time. Many people don't realize the costs involved when running a brick and mortar store. Property taxes, insurance, labor, electricity, maintenance these costs are staggering. Amazon has their offices and warehouses in low tax and wage states, and they use outside contractors (USPS, UPS, FEDEX) to do their deliveries. This is a business model that is hard to compete against. Outside stores would eat up specialty products, such as Best Buy taking all of Sears electronics as well as Home Depot and Lowes selling comparable tools, appliances and lawn care. The stores tried to make up for the losses by cutting expenses by not upgrading stores, and cutting employee hours, and decreasing on the quality of the merchandise they sold, and the customers noticed this. We used to noticed how most of the customers were of the older generation, and very few young people shopping in the store. The management tried all kinds of gimmicks involving rewards points, but all that did was to cut profits. What it all boils down to is that history is repeating itself with Penny's as it did with Sears, and Montgomery Wards. It's the new reality.....We gotta get used to it.
@josephlacerra8433
@josephlacerra8433 5 жыл бұрын
Actually, Amazon has started doing their own deliveries. They failed several times to find my address and I missed purchases that I had to close out (return) due to their inability to deliver. Now I have my Amazon purchases sent to a nearby locker that they have installed in a 7-Eleven.
@cityofabscissae
@cityofabscissae 5 жыл бұрын
My personal opinion on what has been slowly killing JCPenney is that they lost touch with what people wanted to buy in the early 2000s. When I was in school in the mid- to late-90s they sold the products that teens would ask their parents to buy for them. They had some of the latest Nike athletic shoes in their catalog. They also sold trendy clothing in their stores from name brands that mattered to teens. Once they stopped keeping up with trends their stores seemed less crowded every year.
@TheDashingOne123
@TheDashingOne123 5 жыл бұрын
The owner of jc penny doesn’t believe In dimes 😂😂
@mrs_l_samich8449
@mrs_l_samich8449 5 жыл бұрын
TheDashingOne123 How about penny’s. 🤣👏🏻👏🏻👏🏻👏🏻
@alvinprettyman1802
@alvinprettyman1802 5 жыл бұрын
neither did sears when I worked for them 20 years ago
@Donde_Lieta
@Donde_Lieta 5 жыл бұрын
Wait? Is this a joke about how they never have dimes in the tills? Lmao. If so, I hate that I understand this joke.
@openmicsuperstar4633
@openmicsuperstar4633 5 жыл бұрын
He hated FDR, the president who gave us the New Deal, Social Security and led us through most of WW2. I guess he was too liberal for some, but FDR actually prevented a communist revolution in the United States.
@TinaRice4
@TinaRice4 5 жыл бұрын
@@Donde_Lieta LOL me too then! I had forgotten that!
@michellegeorge6448
@michellegeorge6448 5 жыл бұрын
You showed the store that I once worked at, but is now closed. Sad. The Pendleton store was the oldest store in its original location. Over 100 years in the same building. Sad day when it closed.
@rachellep537
@rachellep537 5 жыл бұрын
The shopping mall definitely had its Highs in the 90s when I was a teenager !
@mingchinkify
@mingchinkify 5 жыл бұрын
The end is near.
@mingchinkify
@mingchinkify 5 жыл бұрын
I mean for real! Jesus is coming
@danseabreeze1404
@danseabreeze1404 5 жыл бұрын
Is that the same thing as near is the end?
@danseabreeze1404
@danseabreeze1404 5 жыл бұрын
@xcellken1 Hmm, you have a point! : l
@HeinzGudarian
@HeinzGudarian 5 жыл бұрын
This is old jc pennies is still kicking ass thank you
@therepguy1
@therepguy1 5 жыл бұрын
Totally agree! Over the years I have furnished more than one condo with everything JCP! Noe weel see old JCP brands in target and like-minded stories. Sad!
@cathynugent1758
@cathynugent1758 5 жыл бұрын
I really love my JCPENNEYS in Fort Gratiot,Michigan..nice people...clean store in a mall..very good store..NOT CLOSING.. 😍💆
@janinew3926
@janinew3926 5 жыл бұрын
I do 80% of my shopping at JCP. I was one of the people that hated when they stopped the coupons. I shop it online 4-5 times a week, probably more than that, for my family and I always make sure to have at 25.00 in my cart to get the free shipping to the store. I have a years worth of merchandise in my closet for my family and extended family for the up coming holidays. For my husband and myself, when we find a clothing item we really like, I buy several and have a duffle bag full of unopened shirts, etc. Now for the trouble. When I go to the store, there are hardly no attendants to be found. They closed the catalog/online dept years ago, so you have to go to bedding dept to pick up your items, which is a slow, I mean a slow process. Also, a lot of times my order is many items, like 6-12 and Penneys never seems to get it all together, which means the clerk has to go back and forth to the stock room to get the total order, which is such a hassle. It is a homework assignment when you come to the store, because they have no way to tell you what you ordered, until after you paid and the transaction is complete. Once you think you got all your items, you stand there and go through the bags and boxes one by one, as the clerk has left you to go on to the next customer, remember cause you already paid and the sale is closed out. I find that I have to write down my order and take it into the store, meaning I provide my own invoice. I suppose if you have a printer at home, that would work better. Again, Penneys puts the burden of the sale on you. You have to supply your own invoice at pickup, pre-transaction. If you only ordered one or two things, then it is no biggie, but like I said, I order several at a time, when a good sale comes on stuff we like. Other problems are, the people who bag the items, have trouble putting the correct codes on the items and I have had items not mine in the bag, like a man's blazer and was told several times by different clerks, "Well your name is on the box". Bottom Line, Penneys is a pleasure shopping online, but pick up in the store can run 45 mins to an hour. Totally inefficient, you really have to be a retired person with time on your hands to deal with inside store Penneys pickup. Delivery to the house, I do not do unless they have a $49.00 purchase which gives you free shipping. You may be asking yourself, how does she get 6-12 items at 25.00? With that I will tell you again, I shop it 4-5 times a day and to me its like the McDonalds menu, I know it by heart and can spot the deals and best coupons. All in all, I love Penneys, online, not the store, which is pretty much cheaper than in the Penneys store. sshhh don' tell...
@nicholasbuchheit9667
@nicholasbuchheit9667 5 жыл бұрын
This was super interesting. Nice work!
@datruthhurts4159
@datruthhurts4159 5 жыл бұрын
I agree in 2011 JCPenney became a major shopping ground for me. They had more fashionable clothes “William Rast” in particular and it was overall nicer. They still have some decent stuff Arizona t-shirts Levi’s J ferrar stuff is still there but I remember all the cool graphic tees I got around 2010-12 at unbelievable prices.
@dnlcast2
@dnlcast2 5 жыл бұрын
My rent is so expensive in California, I can't afford J.C. Penny's! I have to buy generic blue jeans at Wal-Mart for $11, and dress shirts for $8 👍
@alvinprettyman1802
@alvinprettyman1802 5 жыл бұрын
personal experience I bought something at Penny's every payday for DECADES in 2011 something changed I had no idea what it was but I haven't spent A dime there since .... The J.C. Penny's I knew and loved and something sterile and dead took it's place .... left in 2011 and never looked back ... but I really miss what it was ... it is gone and not coming back...thanks for posting I really enjoy your videos now I know what happened.
@michaeljames2564
@michaeljames2564 5 жыл бұрын
People love coupons and feeling like they're getting a steal, even if they aren't. That's why people love Kohl's, especially the coupon stacking aspect. When you break it down, you know the stuff is just marked up, but you get that 30% discount and $10 off $25 and feel like you won the lottery. Back to JCP, I hope they can turn it around and keep on trucking. Lots of cool memories of shopping there as a kid. They need to try more of a Kohl's model with the stacking. That would go a long way, at least where I live.
@mikebri5274
@mikebri5274 5 жыл бұрын
MY wife and I used to go to Franklin Mills Mall outside of Philadelphia for our Christmas shopping every year mostly because there was a JC Penny outlet store there. Unless you got there early, the lines at the register would stretch from one end of the store to the other. Then they closed the outlet and made it a standard retail store. During the same Christmas season the following year, the store was almost empty.
@marquamfurniture
@marquamfurniture 5 жыл бұрын
Great reporting! Thanks for that. I loved JCP. Regularly shopped there for basics. Now I can't find a T-shirt in anything but same tired colors of the last 6 years. Really a shame Ron Johnson wasn't given a chance.
@RattKing666
@RattKing666 5 жыл бұрын
I stopped into JCPenney around 09-2018 after getting a clothing subscription box and really liking the selection of clothes. I'm a big and tall guy and it's hard to find nice quality clothes. I was surprised to find out that Penney's had overhauled their big n tall section. The clothes are great and at a good price too. I'm now an avid Penney's shopper (for clothes) and they seem to be busier than I can remember. I hope that they can pull things around because I'm really liking the clothing options they have, the other options that I've seen for bedding and household ornaments seem to be eye catching too. For my sake I hope they can turn the ship around!
@Donde_Lieta
@Donde_Lieta 5 жыл бұрын
My first job was at JCP when I was 16 in 2012 right after they took away coupons, I still live with the memory of old ladies yelling at me to the point where I was tearing up because we didn’t have coupons anymore lmao
@Mike1614b
@Mike1614b 5 жыл бұрын
Interesting. Penny's has similar problems as Sears, and I blamed Lampert for Sears' demise because he tried to prey on Sears' customers by forcing employees into heavy-handed credit card sales and quotas. but it's clear the department store model that used to be wildly popular is dead. why? because back 30 or 40+ years ago there were far fewer stores available to shoppers, of course no internet, and if there wans't a dept. store in your area, you'd need to travel, perhaps to other towns, to several stores to find the things that were in that one store. At Sears you could buy a tractor- and a brassiere. That was the convenience they offered, and they had the whole market. and people trusted Sears, they were a good company. Pennys was somewhat similar, women liked Penny's better. Then like the land shark cars from the 60s, the massive size of the stores took them down - all that stuff sitting around, and all the employees standing around. Smaller stores started to pick off the most profitable sectors of their business, things like appliances, electronics, lawnmowers, tools. All they were left with was a store full of clothes, and Pennys want exactly known for its great clothes. and Seras certainly was not. But why they died is because people didn't NEED to go there anymore. If either of these companies adequately "planned for the future" they would have closed their doors 10 years ago instead of bleeding out.
@roxanneroberts9201
@roxanneroberts9201 5 жыл бұрын
I have been shopping at JCP for many years now. There's only one here in Yuma, Az, and my major concern is that the store is usually in complete disarray. The Disney section is the absolute worst. It often appears that a tornado just hit it. If I have a cart, I can't even get through the aisles. My favorite part of JCP is the great deals, but I mostly shop online now.
@rhondaognoskie762
@rhondaognoskie762 5 жыл бұрын
I think they changed too much too fast and the older customers quit shopping there. Jcpennys is not a young shoppers store and a lot of the clothing lines were and are geared towards them. People who dont shop there. It looks like a fire sale in the store. I did not like the one stop shop price. They had brands in there that for a shirt was over 100 dollars. That is not the market for jcpennys it's the mom's and grandma's buying for their selves and the kids. 20 somethings are not going to jcpennys penny's. That's who I feel like they were catering to for a while. They tried to change too much too fast . I think I didn't shop there for 2 years. I loved the worthington brand for work but it became too expensive. That is what I was hearing from others. Now going in for Christmas shopping it is not the same it used to feel like a dillards now it feels like a walmart. It is dirty and the carpet smells. I love the store I have been shopping jcp for years and will continue but its really sad I hope they get it together and the one in my town of Katy tx does not close.
@erinreasoner1367
@erinreasoner1367 5 жыл бұрын
Rhonda Ognoskie true. It’s sad as it’s been around a long time and with that went the great ideas they had.
@jameslovell405
@jameslovell405 5 жыл бұрын
I used buy my all of my shoes and business attire at JC Penney. I would also buy other items while i was there that I may have been able to find at a lower price somewhere else, but JCP was reliable, so I did not worry over a few dollars. It used to be quality apparel at good price, the staff was always helpful and available. The decline has been precipitous over the last 5-7 years. I now shop online for all the things I used to buy at JCP, and not from the JCP website, they were too late to that game. I loved the days of no discounts or coupons, just a fair reliable price without all of the "bargain hunting." Makes me sad that they will soon be gone....
@hermandavid1757
@hermandavid1757 5 жыл бұрын
I would really be disappointed if JC Penny went down they are by far the best retail and online experience for my size. Most of my wardrobe has come from JC Penny online and I have gotten some great deals on high quality clothes (for my price range.
@robleekay6271
@robleekay6271 5 жыл бұрын
Jcpenney should sue Ron Johnson. I wonder what company he is sending down the drain now.
@idmhead0160
@idmhead0160 5 жыл бұрын
I think he's currently running Lowe's into the ground. Actually, I think that may be a more recent former JCP CEO. They are closing a bunch of stores including the one nearest where I live. These scumbags go from one company to the next running them into the ground.
@occdoc8423
@occdoc8423 5 жыл бұрын
It's called the "Corporate Psychopath Effect".
@philkeil822
@philkeil822 5 жыл бұрын
Marvin ellison is the ceo that went to lowes. I worked for jcp for 10 years through all of this mess. Ron Johnson actually had some very good ideas. He had some crap ones too though. His idea would have worked if he wasnt so full of himself. He changed everything overnight and alienated the entire cusromer base and when you do it that fast you dont get a chance for a new customer base to find it. By the end when we were switching brands back and stuff, we had a lot of new people in that would say to me "wow i didnt know you guys sold BRAND NAME until i heard from a friend. By then i had to tell them sorry but we are getting rid of it. By then the old customer base was pissed and moved on. They need to find something unique that sets them apart from other retailers or they will be gone soon. The majority of their customer base is baby boomers and they arent getting any younger.
@idmhead0160
@idmhead0160 5 жыл бұрын
@@philkeil822 Yeah well that dckhead closed the Lowes near my house. I knew that was going happen the minute I heard that guy was the new CEO. Luckiily, Jewel/Osco is moving into the building.
@philkeil822
@philkeil822 5 жыл бұрын
@@idmhead0160 well, i never said Marvin Ellison was good. He is the one who made JCP sell appliances which lost them even more money and put them in a worse situation and then skipped town instead of owning up to his mistakes. So honestly i dont see anything good coming from Lowes while hes there.
@kadeeroberts6289
@kadeeroberts6289 5 жыл бұрын
I currently work at jcpennys, I love it. So many people come to us from different towns. The one thing I don't like is they push and push for credit cards. Yes, sometimes signing up for a credit card can save that person a lot of money. I almost saved a customer almost $500. But people who do have the credit card think that they are entitled to a discount. Which when we don't they don't want to buy anything. The managers need to be trained the same and they need to train all associates the same. I heard so many ways to do something it gets confusing. But in all I would still stay with them. Such a shame how some people disrespect JCPennys.
@dvorahmariscal7963
@dvorahmariscal7963 5 жыл бұрын
This is my first video of yours and I am impressed by your info and thoughts. Subscribing and looking forward to other videos.
@styzoom
@styzoom 5 жыл бұрын
Interesting recap of the history of JCP. Some big department stores go out of business Often they're stripped before they officially go bust, private equity comes in and sells the real estate and borrows heavily. High rents and interests payments then finish off the job.
@Starphot
@Starphot 5 жыл бұрын
I still shop JC Penney. One reason that I'm a tall male that require tall clothing. I have to order from the online catalog for my tall items. You cannot find these at Walmart or Target. They are no longer any Big and Tall Men's sections in the stores here. After reading the comments here from present and former employees, there's a major problem with the communications with the floor managers to the middle and upper management and to each other. This is a sign that your company may fail. I've seen too many companies I grew up with die. The older managers quit or jump ship and the others don't care any longer.
@The_Kavalier
@The_Kavalier 5 жыл бұрын
I just shot a video for a company called “American Tall” will be up this week but sounds like it would be perfect for you. I’m 6’4 and have a similar problem
@Starphot
@Starphot 5 жыл бұрын
@@The_Kavalier Thanks!
@gregghanson6095
@gregghanson6095 5 жыл бұрын
Excellent job. Glad I found you. Will subscribe!
@kpag3030
@kpag3030 5 жыл бұрын
The retail clothing space is especially tricky to navigate as a company right now. Many companies are struggling with identity crisis
@ThatEverlyGuy
@ThatEverlyGuy 5 жыл бұрын
You are so intelligent; where did you learn all this? Are you in merchandising or something? Just curious, you are so well versed; I was impressed with all your knowledge!
@The_Kavalier
@The_Kavalier 5 жыл бұрын
I've been working in the industry for several years. Watching JCPenney closely as I was trying to work with them.
@katiewitterholt7891
@katiewitterholt7891 5 жыл бұрын
Opened the store in my area when it came to town in 08. Worked commission which allowed for me to make a 40 hr work week(but only really working 30) and still be able to attend college. I was trained in the window treatments. Trained by someone whom had been in the jcp window dept for 40 plus years. She knew her stuff. Had a fellow co worker whom transferred from a different store, she too worked in the same department for 30 plus yrs. The catalog was the bible. But as time went on...the catalog got smaller, the brands the little old ladies came in for were harder and harder to get. Customers could live with me having to order something from the online store because we didnt have it in stock. But what they didn't like was the shrinking lack of selection. While the store focused on expanding its panty selection at 5 bucks a piece I could sell a whole window for 300 bucks. For just 1 Window!!! How many windows are in your family room.. more than likely 2 or more. Jcp missed its mark with trying to compete with boogie retail clothing lines from Europe and new York. The blue collar workers whom they tailored themselves to for years hated it. All they had to do was restructure like what Johnson did with pricing to make it transparent but make the online catalog IDENTICAL to their old paper ones. Sure spruce it up but the ease of use should be the same. Including ALL items available not just the ones you wanna sell. Also... management sucked. They had no idea what we did. Windows was like this foreign land with mysterious wonders and language no one understood. We were left to fend for ourselves, and since we were commissioned based, I was gonna make my money. I still enjoy shopping at jcp. They have some of the orginal things that made it great, but they needed to stick to what products worked for their clientele. European fashion lines was a huge misstep, and not focusing on where they could REALLY make their money. Window treatments could have been pushed more and been an even bigger profit since it carried a majority of the store/online orders anyway.
@slamkat2859
@slamkat2859 5 жыл бұрын
I think JCP will survive now Sears/K Mart is a different story. I think they're circling the drain and will soon be history.
@The_Kavalier
@The_Kavalier 5 жыл бұрын
I love an underdog story!!
@georgecosta7209
@georgecosta7209 5 жыл бұрын
Great piece on JCP. I would agree that Ron Johnson's tenure was challenging for the retailer: too much, too fast, but I also feel that many at JCP were intransigent and resistant to change. Old school ideas and probably A LOT of ...well, we have never done this, in this way. Having RJ leave I don't think changed what will be the ultimate outcome to JCP. You don't cut or discount your way to success.
@blogshagify
@blogshagify 5 жыл бұрын
What these people don't realize is that no one cares that JCPenney and Sears, etc. are biting the dust. Just like all those stores that t out of business in the 1980s. We don't need all that shit
@deediamond320
@deediamond320 5 жыл бұрын
i worked for JCPENNEY one christmas season. and after. i liked the store, i was a salesperson, cashier, worked where needed. what i liked about the store policy, at closing when you had to clear your register you did not have to count every nickle, penny, dime etc.. so cool. otherwise you be their all night. with the lights off. employee's rushing to leave. after every season, they had great sales, to bring in new products. sorry to see so many closing 12/17/18
@erikab.3792
@erikab.3792 5 жыл бұрын
I currently work at JCPenneys and I always have customers asking if we’re really closing the store .
@judymcgaugh6480
@judymcgaugh6480 5 жыл бұрын
Thats the truth, the Penneys in our mall have no dimes in any of the registers. Unless a customer gives the cashier dimes you will not find any , from what more than one manager told me was that the owner back in the day did not want to be known as a "dime store", so no dimes are in the register from penneys end, like I said unless a customer gives them in as payment. I was yold all Penneys were suppose to have that policy also, but I really do not know if others do or don't...
@The_Kavalier
@The_Kavalier 5 жыл бұрын
I've heard that too! Crazy.
@blaise6956
@blaise6956 5 жыл бұрын
I currently work at JCP and it’s very true. When we request change we can’t ask for dimes. It’s annoying bc if I need to give 41 cents for change, I have to give 1 quarter, 3 nickels and 1 penney, etc. 🙃
@jilliansunshine2459
@jilliansunshine2459 5 жыл бұрын
Yep, no dimes ever.
@dannycarrington1601
@dannycarrington1601 5 жыл бұрын
In addition to the "dime store" story there is another urban legend that James Cash Penney hated Franklin Roosevelt and refused to use dimes because they feature F.D.R.'s image. Yet another urban legend is that Penney's daughter choked to death on a dime. The truth is dimes are so similar in size that change counting machines often mistake dimes for pennies. To prevent the monetary loss that would result from such miscounting several major retailers (including T.J. Maxx and Marshalls) and most casinos no longer bank dimes.
@cindym7234
@cindym7234 5 жыл бұрын
Really?!? Who care if there are dimes in the register or not! What does that have to do with JCP closing?
@dalebailey754
@dalebailey754 5 жыл бұрын
I’ve always loved JC Penney, but currently don’t live near a mall, so I don’t get to shop there often. I must admit, though, I shop Dilliard’s more often for their Roundtree and York Gold Label work shirts! They are top quality and hold up to my retail management demands.
@jameswarner300
@jameswarner300 5 жыл бұрын
I use to work for JCPenney myself, back in 2002, and believe it or not, I said it even way back then, that they needed to change or they would go out of business here in Birmingham, and guess what? They did. Listen message board, I was a FULL TIME employee working for that company, and I would literally stand around for 8 hours and only wait on maybe 4 to 5 customers, it was a grind to put in those 8 hours. It was only so many clothes you could fold or prices you could change, so doing those long 8 hours was an absolute grind. In fact, the business was so slow, I use to actually go in the dressing room and take cat naps for 10 to 15 minutes and nobody even noticed. I use to take like 4 to 5 of those cat naps per day trying to do my 8 hours. The problem with that company, just as Kavalier said, is that they refused to change. The clothes were not innovative so they flat out refused to change suppliers, and the buildings are grossly boring and outdated, just as K-Mart and Sears were. Arrogance got Penny's, K-Mart, and Sears buried in the graveyard. We would go to meetings, and they were using such outdated models it was ridiculous. It's an old scripture in the bible that says, "people will perish from ignorance". That can be applied to businesses as well.
@jameswarner300
@jameswarner300 5 жыл бұрын
The internet literally buried those 3 stores alive. Why shop with them when you can get the same exact product 50 to 60% cheaper?
@howardkerr8174
@howardkerr8174 5 жыл бұрын
My sister works for JCP and she attests to it being a bit of a zoo. The store in her area, and in all areas(?) has an incredible exchange policy, at least on clothes: pretty much bring it back with your receipt and we will exchange it....even when it looks like you have worn it. That said, I was a faithful JCP shopper, even before my sister worked there, as they had stylish clothes and in my size (I am taller than average). I even had one of their credit cards. Part of what killed JCP is that TARGET did nearly the same thing but slightly cheaper. Tho Ron Johnson's streamlining should have helped, part of the streamlining resulted in Tall-Big Man sized clothes being dumped...so JCP lost me as a regular customer.
@saf2127
@saf2127 5 жыл бұрын
The only reason I go in JC Penney anymore is for Sephora. And it’s never a destination type shopping trip I get excited about, it’s always because I ran out of something and want to pick it up real quick. It’s just not a pleasant place to shop.
@ciaraaaa96
@ciaraaaa96 5 жыл бұрын
I work for sephora at JCP and I can tell you one thing... the management team is really hard on us pushing credit cards on individuals. When everyone knows jcp isn't doing well, of course they won't get a card.. on top of that, we 100% do need a face lift. It is really bland, but in their defense they are catering to older people mostly. There are some decent clothes, but yeah how everything is on sale is sketchy. One time i sold a scarf for 8 cents. Another time i sold $25 sunglasses for $1.. and we got $60 boots that immediately went on sale for $20. Idk it's odd
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