I was looking for St John's bay the other day - loved their shirts - reasonable quality and MUCH cheaper than Tommy Bahama's - nothing similar in the stores - guess i will be heading to Kohls.

Ron may be the only persaon left there to turn out the lights - they missed their chance right before Christmas to admit their mistake and pick up on the Christmas season sales - Spring time is already here and back-to-school is too far away - the stores will be empty by then as the mfg's start to rethink their committment because Ron can't guaranty enough traffic in the stores to justify the expense to the mfg of paying for their portion of the store-within-a-store​. Prices aren't competitive and no one is there to make that impluse buy when they are "sale" shopping. I still contend the only positive thing to come out of this will be a business school case study of how not to run a major box retailer. Ron doesn' really care other than his pride - he's got his $50MM now and that will go a long way to supplement his unemployment - Ackman controls the strings and as long he is stupid enough to buy into Ron's BS and he can short sell and still have his investment covered he doesn't give a rats **** what happens - wait another 2 weeks when the earnings report comes out LATE - not enough cash on the balance sheet to keep funding the transistion and not enough cash flow - creditors are tightening the reins - will be hard to get merchandise when mfg think you might file - tick tock tick tock

The members of the Board at JCP have plundered the assests for their own gain.  They are, and have been over compensated for decades.  No wonder on one wants the stock.  The money goes into the pockets of the Board members and the Board members appoint Manaagement to ensure the process goes on and on and on and on.

The JCP brand doesn't represent families anymore.  It's all about catering to every group except working families with kids in school.  I find more value at the local thrift store.