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 Names Home Depot's Marvin Ellison Its Next CEO
    For years JC Penney's soul was the middle class consumer, but this business model changed three years ago, when the newly-appointed leadership of Ron Johnson modeled the company’s stores after those of Apple and eliminated coupon discounts, and changed ...
    12/16/2014 - 7:33 am | View Link
  • J.C. Penney: How Pennies Make Dollars
    The recent sell-off in J.C. Penney (NYSE:JCP) provides an excellent entry point ... before filling in my credit card information. If a coupon is applicable within the coupon tab, a simple click applies the discount and highlights the value saved in green.
    10/18/2014 - 7:50 pm | View Link
  • JC Penney rehires former CEO
    SITE SEARCH WEB SEARCH BY Holiday Helpings Holiday Helper Tipping Point Fight Hunger Job Shop Contests TV Schedule Share Your Photos Yellow Pages
    04/8/2013 - 8:31 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 ... But some JCP shoppers said they are happier without the coupons. “I might clip out the coupon and forget ...
    12/17/2012 - 1:33 am | View Link
  • Why is Ron Johnson’s retail strategy for J.C. Penney failing?
    “Perhaps unconsciously though, it gave rise to blind spots, which have hit him hard after he became JCPenney’s CEO.” “At Apple, Ron Johnson could do whatever he liked, and he never had to worry about the share price. Basically, he had to convince ...
    06/26/2012 - 7:17 am | View Link
  • More
BING SEARCH:
  • Coupon Mom
    Find FREE Coupons, Including Grocery & Printable Coupons From ALL The Top Stores & Brands, Promo Codes Plus Tips On How To Save Money With Coupon Mom
    12/21/2014 - 12:17 pm | View Website
  • JCP Stock Price & News
    P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the ...
    12/21/2014 - 12:03 pm | View Website
  • Amazon.com: Coupons
    More About Amazon Coupons. Enjoy coupon savings without the hassle of clipping. Amazon Coupons showcases coupon discounts from top brands within Grocery, Health ...
    12/21/2014 - 7:52 am | View Website
  • eReach | Cincinnati Coupons & Savings in Reach Magazine
    Visit eReach for Cincinnati coupons to save on restaurants, family activities, health & beauty, home & garden, grocery, auto and more from Reach Magazine.
    12/21/2014 - 4:46 am | View Website
  • JCPenney | Holiday savings on Clothing, Furniture, and ...
    Happy Holidays from JCPenney | Huge savings on women's clothing, boy's and girl's clothing, home furniture, bedding, and more
    12/21/2014 - 1:40 am | 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