J.C.Penney’s should become a Harvard Study on how to accellorate putting oneself out of business. It wasn’t bad enough that under the Johnson “apple” era, when JCP knew it was heading to the world of Montgomery Ward, W.T. Grants and Mervyn’s the plan backfired. “No coupons for you”!, must have skipped the focus group rounds and went right to impliment and was called “Strike One”. Back came the coupons, back came another CEO, and onward to regain customer confidence. Apparently if you cannot gain confidence with tried and proven retail strategy, pull the cotton, wool, and synthetic material over their eyes.
Well that looks like “Strike Two”. You know where I am going with this,
If they survive this allegation it appears they ran out of good ideas and might as well stand still and take “Strike Three”