J.C. Penney Sees Risks in Morale, Efficiency as Employees Leave

[ieoeja]

24. My guess is that each department in the store is labeled as a separate store.

You would essentially have a mall in the one store.

We have a dying Sears near me. I was speculating awhile back that Sears ought to convert the building into a mall, turn each department into its own separate store, then have a mall full of stores that just happened to be owned by Sears. Seeing as it is failing so badly for JC Penny, I guess it was a bad idea.

The other idea is give up on the clothes. Stick to appliances and tools which I believe are still a strength for Sears.

And unblock the damn windows! I'm guessing they walled over all the windows during the civil rights and Vietnam rioting days. Reopening those windows so passersby could see your store, and shoppers not feel like they are shopping in a bunker, would do more good for the store than anything else. This damn store is fricking depressing.


I'm with you on the discount stores. I hate buying clothes at those places. But I may have no choice the way things are going.

Interestingly enough we now have the very situation that the theorists behind "Trickle Down" wanted to get rid of. The idea was that people had plenty of money in 1980, but nothing to spend it on. "Pent up demand" was the theoretical problem, and "Trickle Down" was the theoretical solution. Letting investors keep more of their profits would lead them to risk more of their extra profits on new ideas.

But, of course, it led to concentration of wealth. Concentrating wealth means there are not enough consumers. So I have money, but I can not take my car to any of the auto body shops near my house because every freaking one of them has gone out of business. I now take a different route to get to my farm because there are now huge gaps on the old route where there the gas stations went out of business. And so on.

It feels like we are turning the entire country into a ghost town.