Shopped at JCP for two decades but a little over a year ago I vowed never to darken the doors of a JCP store due to the poor customer service from everyone behind the scenes.  They totally ignored my request for information, told me it was my problem or didn't even answer.  Hope they go belly up - the sooner the better...more

How many of their sales were to the government under the Government Motors program?  Can they survive without the government's help?

Charge the same or a higher rate for junk mail they do for regular mail. That would erode the system completely over the next few years.  For a system that is going broke they deliver a dozen catalogs a week to my address.

We know they will reach an accord sooner or later since without an increase they won't get a paycheck if you believe the garbage they are pushing down the line.  If there is money to pay them for doing nothing  then there is clearly money to pay the rest of the bills.

Apparently the cars aren't doing as well as the article suggest - just heard an ad for Oregon and Washington that if you buy a new "car" from Chevrolet they will give you a full year of insurance with the purchase.  That does not suggest any type of build up of inventory - sounds like it's already too high

What about the people that make their payments every month.  I understand many people brought homes and now owe more than their value or have lost their job or a multitude of reasons for wanting help.  The problem is, where does it stop?  If you start helping people that are underwater everyone will (or should) stop ma...more

No way would I buy this IPO.  I suspect with the help of the government and unions they will pull it off and come out smelling like roses but they are still pos's any way you look at it and I won't give them financing to rip other people off again.  Buyer beware - if you play in the dirt you will get dirty.

Lets see if I have this correct - they screwed thousands of their previous stock and bond owners and now investors are lining up to buy into the program again.  I'll never understand just how stupid investors can be but then again, it was someone else's money they lost and now as a new investor I can make money protect...more

J.C. Penney sucks at customer service after a sale.  They fail to follow up when questioned about something, ignore basic principles for understanding the issue and basically tell you to pound sand.