Comments on: JCP’s New Pricing: Is It Really Fair & Square?

By: Amanda

Amanda — Fri, 18 May 2012 20:53:53 +0000

Thank you for the update on today’s ‘Best Price’ day. I was hoping to make it over there today, but it sounds like I can skip this week. I have been going to about every other “Best Price” Friday and have been VERY blessed with finding children’s clothes in the $2-$3 range. However, I think it has had more to do with end of season clearancing than their new strategy. They got rid of 1 brand of coat about March and clearanced another in April for the $2-$4 range.

Not sure when the summer stuff goes on clearance, but I would start watching around mid summer (hopefully someone will catch it and share on Springs Bargains!).

By: Sarah

Sarah — Fri, 18 May 2012 20:33:28 +0000

I went to JCPenny today because I’ve been told about the 1st and 3rd Friday sales. All I can say is I was very disappointed!!! The deals weren’t very good. Their “best price” needs to be a lot lower to get me to buy their clothes. Shirts were about $5 and up (and most were $7, $9, or more) and pants were about $10 and up. Dresses were around $20 and up. Does this sound like the “best price” to you? I was told the $2 racks they had at one time are all gone and this is all that is left.

By: JCP no more

JCP no more — Fri, 18 May 2012 16:01:04 +0000

JCP was my go to store for work & play.

Every other weekend I was there with my coupon in hand (at times) buying sheets, pillows or some type of outfit however I think since Jan I have only shopped there 4x if that and was far from impressed. I think if they brought back the coupon (but added a disclaimer stating that it cannot be used on the 1st & 3rd friday of each month or does not apply to “Best Price” items perhaps sales would perk up (at least that would get me back in the door).

By: Susan

Susan — Fri, 18 May 2012 15:17:33 +0000

This “trend” of letting go the older and dependable employees sucks. It seems to be happening everywhere. What about the employees that have been faithful to JCP? They let them go because they have been there long enough to be earning a decent pay. They can hire new employees for much less pay (minimum wage). What happened to the old school way of taking care of your employees that have been faithful to your company? The younger baby boomers are close to retierment, so these companies need to let them go so they can hire minimum wage employees and save lots of money. In the meantime…. we the consumer will also pay for this “trend”

By: Susan

Susan — Fri, 18 May 2012 14:54:46 +0000

Well, if you went back to buy them again while they were on sale…they most likely won’t have the size you are looking for.

By: Susan

Susan — Fri, 18 May 2012 14:50:33 +0000

I don’t like it at all. My friends and I get different books. So, the only way to see EVERY price is to either go to JCP or shop online. That is just random. I tried to find a pair of Sketchers and they were one of the monthly sales… but, only 4 sizes left and now today only one size. And there was no lowering price change on the 3rd Friday of the month. Same price ALL month. Same inventory all month. What… are they going to be like black Fridays and only have 10 items that they are advertising available? I need those shoes, I buy them about every 6 months. Now I have been looking the entire month of May and they do not have my size. Guess I will have to look for them somewhere else. Loved just going online and ordering them…now I have to go shop elsewhere to find them.

By: Carrie

Carrie — Thu, 17 May 2012 21:21:59 +0000

I read that same thing! Interesting – that’s what some of you said would happen. :) I’m wondering what they’re going to do now!

By: Erin

Erin — Thu, 17 May 2012 20:59:30 +0000

http://money.msn.com/top-stocks/post.aspx?post=011d80e0-eef8-4c3a-b1f0-5bfa7b07d411 Interesting article about JCP stock and new pricing not working so well.

By: Ashley

Ashley — Mon, 07 May 2012 03:32:59 +0000

It’s worth it to check out your local jcp. It shouldn’t be a problem with the new happy returns policy!

By: Brandi

Brandi — Sat, 05 May 2012 20:31:06 +0000

Althouh I like the new pricing I feel jipped on some sheers I bought. I did buy them in November 2011 for $31.99 a panel and now they are $20 a panel, which is a huge price drop. Don’t know if I should say anything or just suck it up. I doubt anything can be done at this point anyway, but I’d be ok if I overpaid by a few dollars, but $12 a panel is hard to swallow. And I bought 6 panels.

By: Laura

Laura — Fri, 27 Apr 2012 19:25:46 +0000

Don’t like the new system — don’t feel as though I’m really getting the best buy ….I feel that I got better deals before. Please consider changing back!!

By: Meredith

Meredith — Fri, 20 Apr 2012 15:29:13 +0000

Wow really the pricing is a “scheme” so that people can no longer just get stuff for free! Shocking! I mean if everybody just “shopped” for free stuff then surely they could stay in business. Surely they could employ thousands of people and provide those employees with health insurance and a way to feed their families. And having to pay actual money for a service or a product is not ripping people off.

By: Amanda

Amanda — Fri, 20 Apr 2012 00:26:15 +0000

I was told that they weren’t even doing coupons anymore at all. I went to the photography studio today and they said the next time I came in not to bring coupons because they won’t be using them anymore. I do not like this new system at all. It is a scheme for JCP to save money because of the sales and people bringing in $10 off a $10 purchase. They are clearly losing money somewhere and are trying to make up for it by saying it is “fair and square” but really they are ripping consumers off. Let’s ask them how large of a profit margin they make off clothes made for pennies in China. Sell it to us “fair and square” and sell it to us wholesale.

By: Carol

Carol — Wed, 04 Apr 2012 13:59:23 +0000

I shopped JCP mostly online, I really miss the Wednesday Deals! The prices online are not even close to the deals I used to get, including shopping on the “1st and 3rd Fridays of the month” to get special deals.

JCP merchandise is OK; but I am so used to their sales for the past 25 years that I just can’t get with their new price structure. It’s true that I have not shopped in the store since the new pricing; but I no longer get the red/black catalogs and coupons that I was inundated with before, so I am not motivated.

The 3/4 size new catalogs are slick, upscale and very nice, reminiscent of Macy’s, Dillards, etc. BUT there was a reason I shopped at JCP instead of the other stores, the reason that set them apart, PRICE! and in this economy I am looking for an alternative. I am not cheap, but why pay $30 for a sweater that will eventually be $11.98? (at least would have at the old JCP)

By: gwen

gwen — Sat, 31 Mar 2012 01:56:47 +0000

I have shopped JCP all of my life and will continue to do so. The company will be 110 years old this year. How many companies can boast that? As far as the coupons go, that is all a game. 40% off one day and 50% off the next, and $10 off on an item that the price is jacked up on. Come on!! It is time for other companies to stop playing games. Just lower the price down to the every day price level instead of jacking it up and down every day. And I’m sure they won’t miss the customer who comes in and wants $10 off of a $25 item. That’s just giving it away! No store can survive doing that. I am surprised they were so giving. And is it appreciated? Hell no.

By: ALVIN

ALVIN — Mon, 19 Mar 2012 21:06:12 +0000

i think this is the way they attract costumers, by making them curious about there new advertisements. that way people will be curious about there deal. it is really pretty smart thing to do specially they have a lot of competitors by reading this comments. it makes me wonder. how long is this gonna last?

By: Desiree

Desiree — Thu, 15 Mar 2012 09:20:40 +0000

Unfortunately, stores can’t stay open or be a profitable business if they have customers who only shop when they have a $10.00 off $10.00 coupon and buy nothing else! I like the new pricing and I thrilled not to be in line behind someone who has a bazillion coupons or who is arguing about if their coupon is valid!! Yahoo! Love, love the new and improved JCP!!!

By: Tricia

Tricia — Mon, 27 Feb 2012 18:28:11 +0000

I’m a little late jumping into this conversation, but I totally agree with Sarah’s comment on 2/9/12. Yes, the pricing will probably be better for those used to paying full price in the past, but I don’t think those of us who are used to getting the better deals will make out with this new pricing structure.

I returned a pair of SJB jeans at the beginning of the start of “fair and square” pricing. I bought them a few weeks earlier on sale with an additional coupon. They ended up being $17ish. After I returned them, I saw them in the store for $24ish. That’s a big difference. I loved shopping there before, but haven’t been at all now because prices are higher for what I had been paying in the past with discounts and coupons.

By: Carrie

Carrie — Mon, 13 Feb 2012 15:40:03 +0000

Awesome – thank you so much for the detailed information, Ashley! Makes more sense now!

By: Audrey

Audrey — Sat, 11 Feb 2012 19:05:08 +0000

Thanks for the info. So we’ll meet all the other Springs Bargains readers there on the 3rd Fridays?! They would be a lot sweeter with a coupon. Just sayin’. ;)

By: Ashley

Ashley — Sat, 11 Feb 2012 03:31:32 +0000

The Rewards program is still in tact!

By: Ashley

Ashley — Sat, 11 Feb 2012 03:29:10 +0000

Hi Carrie! I’m actually an employee with jcp, and I just happened to stumble across your article here, and I thought I would try to help clarify what the “Best Price” is as this tends to be confusing for most of the customers that I talk to when I ask them if they have any questions about the new prices.

“Best Price” is our new label for clearance merchandise. What happens on the 1st Friday of the month is that they get marked down for the first time . . . I’m not sure of exact mark down percentages, as this is our first time in the rodeo, but they are a lot better than the former first mark downs. For example, when merchandise used to get marked down for the first time, it would be at about 50% off the “original price.” Now, that markdown is probably around 60% . . . Give or take a few percentage points.

What happens on the 3rd Friday of the month is when the 1st Friday “Best Price” items get marked down even lower until they are gone! So, you can basically consider that your 80% off markdown . . . Again, give or take a few percentage points.

I hope this helps clear up some questions you may have had! Have a great weekend!

By: Erin

Erin — Thu, 09 Feb 2012 20:06:25 +0000

They didn’t do away with coupons they just released one for $10 off $50 it’s not the $10 off $10 but it makes me hopeful we may see good ones in the coming months.

By: Sarah

Sarah — Thu, 09 Feb 2012 18:28:00 +0000

I don’t like it! Case in Point, those Stafford dress shirts are now $15 every day price…. BUT…. I just bought them on Sale last month in January and they where already $15 then, but I got to use a 15% off coupon making them $12.75 each. So by paying $15 and never getting a coupon, I feel ripped off, and fells like they raised their prices. I know it’s only a $2.25 savings per shirt, but I bought 3 of those shirts for my husband. That’s a $6.75 savings that I got with using a coupon!! Now that coupons are going away…. I feel I’ve lost my favoriate and best priced department store :-( I’m so sad and disappointed with them. And yes, I LOVED the $10 of $10 coupons. Also very sad to see them go. Makes me glad that Kohl’s starting doing the occasional $10 of $10 coupon. I’ll probably go there more often now since JCP has a total make over in the wrong direction I think. It’s no longer a good place for a bargin hunter and a couponer. Yes, it will be better for those people who always pay full price for things, but it gets rid of the people looking to save some money.

By: Audrey

Audrey — Thu, 09 Feb 2012 02:47:19 +0000

I’m going to miss the occasional $10 off $10 coupons I would get. That’s the only time I went in there! I usually spent those coupons on some fun jewelry and walked out. Do you know if they are still doing JCP Rewards? I don’t know how I managed it but I got a $10 bonus certificate a few months ago. More free jewelry. ;) I looked at the beautiful catalog thing they sent me and didn’t see anything I even wanted to look at. They’ll have to send me a coupon to get me to go look. Or someone will have to let us know how the clearance program is going to work out.