economy

JC Penney gives 2,250 the New Year’s axe

JC Penney Post Wider Loss Than Expected

Just one more sign that America’s economy is in steep decline.

J.C. Penney plans to close approximately 40 stores in 2015, about 4 percent of the chain’s total stores, the retailer told The Huffington Post Thursday.

About 2,250 jobs will be lost, according to Joey Thomas, a spokesman for the company. Most stores will close around April 4, 2015, he said.

But why pay attention to an economy in free fall when you have the attacks in Paris and the KKK to worry about? After all, what fool, I mean patriot in their right mind would care about Jamie Dimon tapping into their bank account when muslims, I mean terrorists, could gain control of their own lands that are dangerously located half way around the world?

Categories: economy

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