The company said it was not its intent to "trivialize or promote bullying. The company said it also supports a number of anti-bullying campaigns. Upset parents is the last thing J. Penney needs as it is struggling to keep customers. Sales have fallen in the last two years after shoppers rejected the store's strategy of moving away from short-lived discounts and sales.
Related: Worker: I miss the old J. Penney aired a mea culpa ad on YouTube this spring, copping to making mistakes and pleading with customers to come back. The ad says J. Penney listened to what customers want and need. Penney," it urges. Now we'd love to see you.
The trouble stems beyond customers and into its board. On Tuesday, activist investor Bill Ackman resigned from the board , lashing out at the company for not giving him access to its financials. He called on the board to move faster with its search for a permanent CEO. Penney aired a back-to-school ad that has some angry parents threatening to shop elsewhere. Penney drama takes center stage. Personal Finance.
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