Check out the wallmart crows. How about Costco ? Nobody has to shop at JCP any
longer it's not realistic to think JCP fills any specific niche in retail.
Credit Suisse is basing their warning on JCP current debt and cash burn
not pump and dump daytrading.
Macy's Dillards Kohls are all very reasonably priced with sales on name brands all the time.
So many other options literally endless if you consider online.
It's hard to believe in 2014 Sears or Jcp would be anybody's first choice in shopping for
It there doing so well how did they manage to lose 172 million this earnings and lose 252 million
the last earnings?
/////two major businesses, viz. women's apparel and men's apparel, is driving its results //////
What else do they sell? They're home department is more of a space filler.
Great clothing at Costco Levis, Lucky Brand, Klein just to name a few.
Bought a couple pairs of levis couple of weekends ago saved about $15 if I had
purchased them at JCP or Sears. Large selection of business casual sport and all
up to date with current fashion trends.
Only negative are the lines, this is not an exaggeration had to wait close to 20 min to check-out
lines were backing up to the aisles.
Have to also recommend wallmart you might be surprised how their clothing
lines have improved in the past year. Jeans and sporting
wear, great deals. Kids seemed very happy shopping at
wallmart this year for back to school and GAP ran a great sale so it was expensive this
year compared to last. Starter brand sporting wear at Wallmart
can be less then half what dept stores charge and it's great for sports or active wear.
Give it a try!
I don't understand what you mean by interest? I only had the stock a very short time and
the trade was $7.50 both times I made 42 cents a share it was very profitable at least for me.
I am just wondering if a buy to cover order registers a buy order when it goes through
I'm new to shorting stocks daytrading , when I cover my short sell order does it show up
as a buy? I noticed as JCP headed under $10 there seemed to be a bounce up.
Do covered short sell orders register as buys on the computers?
Certainly that's a big part of why JCP and SHLD are failing in today's market place.
The trend is also lower prices all around from Macy's and others that were once considered
to be expensive are continually lowering prices. Wallmart Target have really upgraded
there clothing lines and the prices are very consumer friendly. Niche retails like
Gap Forever 21 Urban Outfitters and so many others are constantly running sales and
and are generally keeping prices down to compete. This a trend that will continue
and JCP for their level of clothing can't discount deep enough.
Wallmarts clothing lines have vastly improved especially in the Jeans wo out
wear and undergarments. Discount buyers seem to like what wallmart is
doing with their clothing.
Other then sears maybe you would like to list the retailers that lost
.-77 cents a share or 200 million or posted 11 straight quarters of loses
that is still in business?
If JCP lost -77 cents a share or 200 million this quarter and lost 352 million last Quarter
added to the billions lost the 9 quarters prior to that it's an amazing analysis that you
think JCP is taking business away from anyone. They are losing business to competition
that goes far beyond Macys and Dillards.
Both continue to lose money this is not surprising for anyone in retail. The business model
of both stores are outdated the negative in retail for their competition is that Wallmart
has a serious interest in taking the JCP and Sears space if they go under.
Even if they were to make the 17 cents do to real estate how could they possibly erase the
billions lost over the last 11 quarters? Ron Johnson has been gone over a year now
and JCP is only marginally better at best. Over 550 million lost in the last 2 quarters is beyond anything
most retailers could ever imagine sustaining.
It's pretty simple math isn't it they have 310 million shares outstanding and
they lost -77 cents a share. How does this possibly equate to cash flow
positive? It's the 11 straight quarter of loses.
Wells Fargo who gave the asset based loan to JCP warned last
quarter that JCP's debt is far too great and gave the stock a $5 price.
I'm just trying to understand with nearly 6 billion in debt and growing
how JCP can continue losing money and not have to dilute the
shares or file for BK?
I don't understand how their cash flow is positive if they lost another .-77 cents a share?
Isn't that another 200 million dollar loss for the quarter added to- 352 million loss last quarter?
I work in retail and JCP is much more geared to the Hispanic and black market.
Caucasians and Asians are usually much more diligent shoppers and
prefer more for their money then Kmart or JCP.
What is the next estimate for JCP earnings in Oct?
I don't understand how JCP can continue to lose money this being the 11 th quarter in a row and
trade so high? Didn't Wells Fargo downgrade JCP last quarter on this type earning report?
-75 cents a share seems unbelievable bad?