Penney Takes A Clip: Coupon Cut Kills

So maybe JCPenney shoppers don’t hate coupons after all. New CEO Ron Johnson — who aggressively revamped the chain’s pricing strategy this spring with the idea that customers were annoyed by coupons — admitted yesterday that he may have miscalculated. “Our first 90 days were tougher than expected,” Johnson told...

Topics:  jcpenney   new ceo ron johnson    our   johnson   coupon   
BING NEWS:
  • J.C. Penney: How Pennies Make Dollars
    If a coupon is applicable within the coupon tab ... Apple's recent unveiling of Apple Pay will further enhance shopping experiences as checkout times are reduced. It takes roughly three seconds to checkout with Apple Pay. Adding those three seconds ...
    10/18/2014 - 7:31 pm | View Link
  • JC Penney loses one-third of its sales
    “We learned that she [the customer] prefers a sale. At times she loves a coupon,” he said. Remaining upbeat he said “we exit the year positioned to succeed” and predicted that shoppers would welcome its imminent introduction of new merchandise from ...
    02/26/2013 - 8:50 pm | View Link
  • JC Penney Co.'s new sales strategy has yet to produce returns
    The retail business is getting ever more competitive, with online stores selling items for less and the recession causing consumers to cut back on spending ... “I might clip out the coupon and forget to give it to the cashier once I got to the store ...
    12/17/2012 - 1:26 am | View Link
  • More
BING SEARCH:
  • Health | Yahoo Beauty
    Sarah Camden Lost 58 Pounds: ‘For Once I was Doing Something for Myself and It Was Something That Would Benefit Me in Ways That I Could Never Have Imagined‘
    07/25/2016 - 9:21 pm | View Website
  • To read more about Sanford
    Nationally recognized money saving expert Jennie LeAnne founded BargainBlessings.com in 2009 as a resource for American families to stretch their budgets no matter ...
    07/20/2016 - 4:47 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News