QUOTE FOR MY DAY:
We've got to put a lot of money into changing behavior. Bill Gates
I was
shopping at the mall with a friend the other day. We spent the
entire day going through racks of bargains, finding great deals and
telling each other how good we look and laughing about it. It was a great day, a fun day, a day that filled up my self esteem bucket.
Then I
met the store manager at JC Penney. His store was going through many
changes, a remodel, and a price restructuring. He wasn't happy about
it and after our conversation, I wasn't either. Last year, JC Penney
had converted to a walmart style of pricing. One low price, all day,
everyday. I loved it. If I saw something I wanted to purchase, I
could buy it without regret, without wondering if a coupon or sale
would happen tomorrow, or next week, or whenever. I fell in love with
my local JC Penney store.
Our
conversation was very informative. Simply put, the people didn't like
it so JC Penney was changing it. My local JC Penney Store increased
prices on 8,000 items that day alone and had more increases planned
for the next day. JC Penny had lost $4,000,000,000 (that's 4 Billion
Dollars!) over the time that they had went to a flat pricing
structure. This store manager had received hate mail, harassing phone
calls, and great losses in overall sales. So they were going back to
the coupon thing. He held up a blouse newly marked $48, and told me
it was only $28 yesterday. But I could buy a Sunday newspaper and cut
out the coupon and save $10 on that blouse. I was so disappointed.
I am not
against cutting out coupons, but I usually get to the store and
realize I left my coupon on the counter at home. Or I get to the cash
register to pay and can't find my coupon, then get embarrassed and
pay the full price, then I take my purchase back two days later after
feeling guilty and ignorant. I have a lot on my mind and finding a
coupon is not a high priority. Getting to the Cookie Factory after
walking from one end of the mall to the other is a priority.
Goodbye
JC Penney and your coupons...
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