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 - 8:44 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 ...
    02/27/2013 - 8:51 am | 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 - 1:33 am | View Link
  • Why is Ron Johnson’s retail strategy for J.C. Penney failing?
    “First of all, Ron Johnson did a great job at Apple as VP Retail,” Paul Denlinger writes for Forbes. “Perhaps unconsciously though, it gave rise to blind spots, which have hit him hard after he became JCPenney’s CEO.” “At Apple, Ron Johnson ...
    06/26/2012 - 7:17 am | View Link
  • J.C. Penney president, who axed sales and coupons in favour of cool new image, to leave the company with immediate effect
    The text reads: 'No more jumping through hoops. No coupon clipping. No door busting. Just great prices from the start.' The company also came out with a stylish monthly magazine that highlighted key items for sale. 'What they were doing hasn't worked.
    06/18/2012 - 6:12 am | View Link
  • More
BING SEARCH:
  • 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 ...
    10/28/2014 - 4:51 pm | View Website
  • JC Penney Salon Coupons
    JC Penney Salon Coupons. With over 900 total service salons all over the United States, JC Penney is the biggest chain of departmental salons in the country.
    10/28/2014 - 9:20 am | View Website
  • J.C. Penney Company Inc Facts, information, pictures ...
    Get information, facts, and pictures about J.C. Penney Company Inc at Encyclopedia.com. Make research projects and school reports about J.C. Penney Company Inc easy ...
    10/27/2014 - 11:05 pm | View Website
  • Printable Coupons: JC Penney Coupons ( Department Store )
    You can also sign up for coupons to be sent to your cell phone via text on the jc penney website. I got a 10 off of 25 coupon and it is the same code as the one on here.
    10/27/2014 - 5:40 am | View Website
  • Coupons | Printable Coupons | Grocery Coupons | Coupon Mom ...
    Get coupons, printable coupons, free grocery coupons from Coupon Mom. Featured on Oprah.
    10/27/2014 - 5:11 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