The coupon is one of the all-time best marketing strategies. It brings customers into a store, attracts them to certain products, saves them some money, then inspires them to spend the money the coupon saved them (or more) on other merchandise. Customers feel like they got away with something. Everyone wins. That is, everyone wins … Continue reading How To Use Coupons
When I first read that J.C. Penney was going to sell appliances, I thought it was another example of brand confusion. No one associates Penney's with appliances. That's what Sears is for, right? Nope. I've been proven wrong. J.C. Penney (JCPenney, if you're nasty) stopped selling appliances in 1983, but it reintroduced them to 500 stores last … Continue reading Identity Crisis, Part 4: J.C. Penney’s Schadenfreude
Internet retailers are taking a significant amount of department stores' business, but that's not the whole story. Department stores need to take a hard look at themselves too.
It seemed like a good opportunity to tell the story of the department store's decline from a first-hand perspective. The "damage" in the title could refer to these stores' financial damage, but it mostly refers to the customers.