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(CNN) - As the Dow was on pace for its best day of the year, and a report showed American stores had their best holiday season in six years, JCPenney's stock fell below for the first time since it started trading in 1929.That's pretty much everything you need to know about the state of JCPenney (JCP).The 110-year old company hasn't been profitable since 2010 and its prospects are bleak. JCPenney is billion in debt with a junk credit rating, a sinking cash hoard and no sign of a turnaround.With few shoppers coming to stores, JCPenney faces inventory and supply chain struggles and no clear marketing plan or strategy. The company has been forced to offer steep discounts on clothing to clear its massive inventory glut.Last month, JCPenney reported a 1 million third-quarter loss and a 5.4% drop in sales. The stock has fallen 68% this year and nearly 30% in December alone.Jill Soltau, formerly the boss of Jo-Ann Stores, became CEO in October — the company's fourth in six years. Soltau has her work cut out for her.The company's leaders said they are considering closing some of JCPenney's remaining 860 stores. That might help JCPenney in the near-term, but its long-term prospects are questionable. The company has a .1 billion debt payment due in 2023. Wall Street analysts are skeptical about JCPenney's ability to repay that money.A spokeswoman for JCPenney declined to comment.The company never really recovered from the Great Recession. It lost shoppers to cheaper sellers a decade ago and struggled to bring them back as the economy began to rebound.JCPenney plowed through its cash reserve in an expensive makeover after it hired former Apple Store chief Ron Johnson as its CEO in 2011. The plan didn't work, and Johnson was fired after 17 months on the job.It lacked the cash to improve stores, buy trendy merchandise or hire more employees.The company switched its focus several times over the past few years: from older shoppers to younger, trendier ones, back toward middle-aged women.JCPenney has recently changed its merchandising strategy, chasing proven sales trends instead of filling up stores with inventory. It started selling appliances a few years ago, but that strategy hasn't paid off either. 2244
You can go to school for just about anything these days and that includes Santa School! Mark Gebhart is a sound engineer, but during the holidays, he’s Santa Clause. “It’s a feeling of service I get to give to people,” Gebhart says. “It’s like ingrained in my being. It’s something I have to do.”To become the best Santa, and to get better pay to play Santa, Gebhart went to Santa School.“It’s really intense,” he says. “We learn a lot and we learn how to be Santa Claus.”In Santa School, it’s not all about makeup, reindeer and practicing your “Ho, Ho, Ho, Merry Christmas!” The classes involved much more, including learning about child psychology, undergoing active shooting training and understanding what to do if there’s an unruly crowd. The Santa Claus performers began school in January, and it takes 9 months to graduate. “We are each others’ brothers,” Gebhart says of his fellow Santas. “We help each other, we study together, we work together; we are really a brotherhood.”When the Santas graduate, they take an oath and are given a diploma for all their hard work.They have three months to land a job, whether at the mall, private parties or corporate events.“I actually have an agent that I go through, and my agent gets me jobs,” Gebhart says. “Other Santas use things like 1301

You both were there for a photo op and used the victims as props. I am ashamed at how happy you both appeared and at the words of your husband. The orphaned child and Donald’s thumbs up. Sickening.— Gudlaug Hawkinson (@GudlaugHawkinso) August 9, 2019 262
#SWEEPSTAKES Enter for a chance to become the ZOMBIE this #Halloween by rocking this socially distanced costume! Enter at https://t.co/PwU8vBIjqc pic.twitter.com/VJYuAOoOtD— SKITTLES (@Skittles) October 19, 2020 219
A Pizza Hut manager in Florida threatened to punish employees who missed shifts by evacuating too early for Hurricane Irma.In a memo, the manager said workers at the Jacksonville restaurant have a "responsibility and commitment" to the community, and that employees who needed to evacuate would get only a 24-hour "grace period" before the storm."You cannot evacuate Friday for a Tuesday storm event!" the notice read. "Failure to show for these shifts, regardless of reason, will be considered a no call / no show and documentation will be issued."It also said that employees would be required to return to the city within 72 hours of an evacuation.Pizza Hut said its "local franchise operator has addressed this situation with the manager involved.""We absolutely do not have a policy that dictates when team members can leave or return from a disaster, and the manager who posted this letter did not follow company guidelines," the company said in a statement.The company added that all stores in Irma's path had been shuttered and wouldn't reopen "until local authorities deem the area safe."Pizza Hut declined to say whether the manager involved has been disciplined.Jacksonville authorities issued the first evacuation orders for parts of the city on Friday. On Monday, the sheriff's office tweeted to people in evacuation zones: "Get out NOW." Up to 4 feet of water covered some streets.FEMA is advising people in the storm's path to "only return home when local officials say it's ok."The Pizza Hut notice spurred resentment on social media. 1583
来源:资阳报