J.C. Penney To Customers – No Sales For You! [Poll]
January 25, 2012 2:22 PM J.C. Penney has just announced that in lieu of sales throughout the year, they are permanently slashing prices by at least 40-percent on all of it’s merchandise so shoppers no longer have to wait for sales. Next Wednesday, February 1st, Penney’s will offer a three tiered pricing strategy that includes ‘Every Day’ low pricing, ‘Month-Long Value’ discounts on some merchandise each month and clearance deals called “Best Prices” during the first and third Friday of every month when customers get paid.
The strategy is similar to Wal-Mart’s everyday low pricing strategy, but rather than try to undercut a competitor, Penney’s is trying to establish more predictable pricing.
Some experts say the new plan is risky because shoppers like bargains and like to actively seek bargains. Citi Investment Research analyst Deborah L. Weinswig says, “The big question on investors’ minds will be: ‘How customeres will react to a single price point versus a perceived discount under the old Strategy?”
Bottom line, all retail eyes are focused on J.C. Penney right now and only time will tell if the new strategy will work. The biggest challenge the retailer will have is selling customers on the idea of no sales, but lower everyday prices.
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11 Examples of Hilarious Kid Poetry
It’s no secret kids are smart little nuggets. For starters, they’re chock-full of helpful logic and know how to fool parents with a fib. As we’ve recently discovered, they’re also very talented in the poetry department.
Miranda Lambert to Aid Animal Rescue Efforts in Moore, Oklahoma
Miranda Lambert's soft spot for animals is well known in country music circles. The singer has her own animal rescue organization, and she's agreed to pitch in to help take care of the many animals displaced by the devastating tornado which hit Moore, Oklahoma on Monday (May 20).
Jason Aldean Calls on Fans to Help Decide His Next Single
Jason Aldean has decided to 'take a little ride' on the wild side and let his fans help decide the next single from his hit record 'Night Train.' With ten No. 1 songs under his belt, he's hoping those who know best will be able to choose his next hit.
Tim McGraw Empowers Fan Fighting Cancer With Heartfelt Kiss
Country music superstar Tim McGraw thrilled a fan who is battling cancer by acknowledging her at his concert in Burgettstown, Penn. this past Saturday night (May 18). The photo showing the singer giving Shirlene Borsos a tender kiss on the head has since become a viral internet sensation.
Conan O’Brien Takes Taylor Swift to Task About the Reality of Being 22
May 23, 2013 11:50 PM Taylor Swift has made a very nice career singing about the different stages of her life so far and her new song '22' is another great example of that. Swift is growing up through her music right before our very eyes and as fun as she makes being 22 sound in the song and in the video, the reality of being 22 is really very different as Conan O'Brien so eloquently points out.
What Would It Sound Like To Re-Enact Your Conversations With a 2-Year-Old With Another Adult Man?
May 23, 2013 8:00 PM Every dad knows what it's like to have a conversation with their toddler. Imagine if you will, re-enacting that conversation with another adult man playing the part of your 2-year-old daughter for example. The conversation would be the same, but the dynamic is totally different. One YouTube user decided to do that very thing.
Nashville Season One Review – Drama Galore
May 23, 2013 6:00 PM If you enjoy twists and turns of a police drama and a sexy soap with all the fun of the country music business, then you should be watching Nashville on ABC. The show wrapped its first season last night and it's been announced they're back for a second in the fall. That's good because what a cliff hanger...or hangers actually.
Country Whuppin’ – Jon Pardi Vs. Lauren Alaina
May 23, 2013 3:22 PM Jon Pardi is one win away from the Country Whuppin' Hall of Fame! To make that happen, he'll have to beat someone who's made it there twice. Let's see if the Pardianimals can hold off Lauren Alaina's new single in today's Whuppin'!
Kmart Introduces New Big Gas Savings Commercial [VIDEO]
May 23, 2013 10:53 AM From the store that brought you the controversial yet very funny, 'Ship My Pants' ad, we now have another spot that will force you to listen closely.
Indiana Budget Allocates More Money for Workforce Development Program
May 23, 2013 9:47 AM Indiana plans to invest more money in the state’s “WorkIN Indiana” program, as a recent peek at the new budget indicates that about $5 million will be allocated to help support things like job training, career certifications and high school equivalency degrees.