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J.C. Penney stock crashes with news of gay marriage support
I understand Penneys also went with an ELDP (everyday low prices) strategy but frankly the items I bought were not low priced. Many others must have had a similar experience and think twice before going there.
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Simply put, people are not shopping at J.C. Penney. AFA and OneMillionMoms are showing success in the effort to educate people to Penney’s aggressive national campaign to promote “gay” marriage.
The company is going downhill fast. Since February, the company’s stock has lost more than half its value, and Standard & Poor’s Ratings Services lowered its credit rating on J.C. Penney Co. further into “junk” status.
First-year CEO Ron Johnson’s decisions have led to disastrous results for the company. Rather than build on the faith-based traditions of founder James Cash Penney, Johnson has abandoned family values and taken the company into a financial tailspin by embracing social activism.
Families are the backbone of Penney’s existence. As long as it pushes homosexual marriage, families will go elsewhere.
TAKE ACTION
Make a personal phone call to J.C. Penney’s customer service department. Urge them to return to family values and stop pushing the gay marriage agenda.
Their numbers are 972-431-8200 (customer service) and 972-431-1000 (corporate headquarters).
Because JCP blocks emails from our server, you can also write a personal email to J.C. Penney at this email address: jcpcorpcomm@jcpenney.com.
new store name – GayCPenny