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jcpenney financial statement analysis

Category: Business Paper Type: Homework Reference: APA Words: 1500

Internal Performance

Company Strategy:

JCPenney which is the nationals largest apparel and the home furnishing retailers. Company strategy is to give the opportunities for creating the meaningful experience for the millions people who can shop more than 1,000 stores and jcp.com. Company is also responsible for making companies long range plan in partnership with the leading the transformative initiatives and with the executive team. Company main strategy is to satisfy their customers or to attract the more customers to increase the profit ratio of the organization.

Mission of JCPenney:

Mission statement of JCPenney is the important part of the JCPenney philosophy, although the employees of this organization have the specific guiding principles and these principles define that how they are expected to work and win together for achieving the superior performance. These eight winning together principles are the mission of the JC Penney.

Associates: We reward, value and develop the talent and contributor for all associates.

Integrity: JC Penney also act with the highest ethical standards.

Performance: Company also provide the feedback and coaching to perform at the high level.

Recognition: Company celebrates the achievements of others.

Teamwork respect: Company win together through collaboration, leadership, honest and open communication and respect.

Quality: We strive for excellence in the products, services and work.

Innovation: Company also encourage the intelligent risk taking and the creative thinking.

Community: Company care about and also involve in our communities (Farfan, 2011)

Vision Statement:

JC Penney is executing the long range strategic plan which consist of the four integrated strategies and the purpose of these strategies is to build the endurable and deeper relationship with the customers, also increasing the retention and engagement of our associates and also delivering the leading financial performance to our shareholders.

Values of JC Penney:

Company have the different values that are the real reason of the success of this company. core values of company are

Good Management
Good quality
Innovation
Be honest
Be recognized
Use good judgment
Be empowered
Just like the family
Stakeholders :

There re the different stakeholders of the company that affect on the company performance

Stakeholders of JC Penney are

Customers
Management
Suppliers
Accessories
Lenders
Employees of Organization
Performance Indicator

Companies Financials ( revenues and profits):

JC Penney company achieved the fourth quarter above the average revenue improvement of 2.93% year to year, to $ 3,893.00 million. In the fourth quarter company overall position no is 278 in this quarter.

Source: https://www.google.com/finance?q=NYSE:JCP&fstype=ii

Debt Levels:

In JC Penney debt may include the current portion of the long term debts, this may vary from company to company. Total debt of JC Penney are about 5.4B. This is 132.99% higher than that the service sector, and about 16.13 higher than the departments stores of the industry. The total debt for JC Penney stocks are 44.52 higher than the company.

Historical Stock Performance( if public)

JC Penney stocks has been talk of the retailer going bankrupt. J.C Penney has staunchly denied rumors about the bankruptcy and the credit problems. In past stock prices were variable in nature that it cannot related to the organizational look and the industrial sets.

Innovation (patents)

Innovation is the critical factor and is the important pillar of the company for attracting their customers. Company chain created the independent and small think tank within the company for bringing the new ideas. There merchandisers of the company featured in Esquire, with the fashion editors for featuring the sections and special. (TICE, 20101)

Legal Issues:

Company faces some of the issues regarding the prices of the different products of the company. Due to which company face some of the challenges regarding these issues.

Industrial perspective

Industry and JC Penney and beyond the Inc. Participation

JC Penney company, Inc incorporated in January 22, 2002 by holding a company. the operating subsidiary of the company is J.C Penney corporation, Inc. The business of the company consist of selling of the services and merchandisers to customers with the help of websites and the departmental stores at jcpenney.com, that utilizes the tablet and the mobile devices and applications for the desktop. Online customers of the company purchase the direct shipments to customers from its stores and the distributing facilities from the warehouses, suppliers and by in store customer pick up.

JC Penney sells the accessories, footwear’s, family apparel and the beauty products through the home furnishings and Sephora inside JCPenney. Departmental store of company provide the customers with the different services such as the portrait photography and as styling salon. in 2015 in January supply chain network of the company operated in 14 facilities with the different types of the distributing activities. Company operates in the 1060 department stores and in 49 U.S states and also operated in different discount outlets in the catalog business. Most of the stores of the company located in suburban shopping mall, and before 1966 most of the stores of company located in downtown areas. In the half of the 20th century shopping mall become more popular.

Three competitors of JC Penney:

Main three important competitors of JC Penny are

SEARS, ROEBUCK AND CO
KOHL’S CORPORATION
Macy’s Inc,

SWOT Analysis of JC Penney

Strengths:

Some strengths of the company is their brand name, because this brand has the good will in the minds of people. Therefore it is not difficult for the company to increase the sale or the profitability of the organization. Secondly company provided the good quality products in the low price. Present more than about 1100+ numbers of locations, with this with the strong financial position revenue performance of the company is greater. For attracting customers company using the different strategies like it offers free kids haircuts. JC Penney also launched the variety of the private labels , and offer the shipments of the goods that enhance customers experience. These are the important and major strengths of the company, due to which company can easily compete their competitors.

Weakness:

Due to some of the weaknesses company has to face some of the challenges like the company has less presence globally especially emerging economies. Secondly the market shares of the company are limits even the competitors of the company give the similar offerings.

Opportunities:

Company also has some of the opportunities and by availing these opportunities company can increase their market shares. Like more visibility with the help of the advertising and customers focused on the services. Acquisition of the smaller retail chains and imposable income of the customers increasing are the great opportunism for the company. Company can also tapping the international markets especially emerging economies. These are some of the opportunities and after availing these opportunities company can increase their profit ratio. (CHLOE, 2014)

Threats:

With this company has some of the threats, for increasing the productivity company has to remove these threats. Expansion from the competitors is the major threat for the company, with

Assignment on JC Penney By ABC Date Internal Performance Company Strategy: JCPenney which is the nationals largest apparel and the home furnishing retailers. Company strategy is to give the opportunities for creating the meaningful experience for the millions people who can shop more than 1,000 stores and jcp.com. Company is also responsible for making companies long range plan in partnership with the leading the transformative initiatives and with the executive team. Company main strategy is to satisfy their customers or to attract the more customers to increase the profit ratio of the organization. Mission of JCPenney: Mission statement of JCPenney is the important part of the JCPenney philosophy, although the employees of this organization have the specific guiding principles and these principles define that how they are expected to work and win together for achieving the superior performance. These eight winning together principles are the mission of the JC Penney. Associates: We reward, value and develop the talent and contributor for all associates. Integrity: JC Penney also act with the highest ethical standards. Performance: Company also provide the feedback and coaching to perform at the high level. Recognition: Company celebrates the achievements of others. Teamwork respect: Company win together through collaboration, leadership, honest and open communication and respect. Quality: We strive for excellence in the products, services and work. Innovation: Company also encourage the intelligent risk taking and the creative thinking. Community: Company care about and also involve in our communities CITATION Bar11 \l 1033 (Farfan, 2011)Vision Statement: JC Penney is executing the long range strategic plan which consist of the four integrated strategies and the purpose of these strategies is to build the endurable and deeper relationship with the customers, also increasing the retention and engagement of our associates and also delivering the leading financial performance to our shareholders. Values of JC Penney: Company have the different values that are the real reason of the success of this company. core values of company are Good Management Good quality Innovation Be honest Be recognized Use good judgment Be empowered Just like the family Stakeholders : There re the different stakeholders of the company that affect on the company performance Stakeholders of JC Penney are Customers Management Suppliers Accessories Lenders Employees of Organization Performance Indicator Companies Financials ( revenues and profits): JC Penney company achieved the fourth quarter above the average revenue improvement of 2.93% year to year, to $ 3,893.00 million. In the fourth quarter company overall position no is 278 in this quarter. Source: https://www.google.com/finance?q=NYSE:JCP&fstype=iiDebt Levels: In JC Penney debt may include the current portion of the long term debts, this may vary from company to company. Total debt of JC Penney are about 5.4B. This is 132.99% higher than that the service sector, and about 16.13 higher than the departments stores of the industry. The total debt for JC Penney stocks are 44.52 higher than the company. Historical Stock Performance( if public) JC Penney stocks has been talk of the retailer going bankrupt. J.C Penney has staunchly denied rumors about the bankruptcy and the credit problems. In past stock prices were variable in nature that it cannot related to the organizational look and the industrial sets. Innovation (patents) Innovation is the critical factor and is the important pillar of the company for attracting their customers. Company chain created the independent and small think tank within the company for bringing the new ideas. There merchandisers of the company featured in Esquire, with the fashion editors for featuring the sections and special. CITATION CAR01 \l 1033 (TICE, 20101) Legal Issues: Company faces some of the issues regarding the prices of the different products of the company. Due to which company face some of the challenges regarding these issues. Industrial perspective Industry and JC Penney and beyond the Inc. Participation JC Penney company, Inc incorporated in January 22, 2002 by holding a company. the operating subsidiary of the company is J.C Penney corporation, Inc. The business of the company consist of selling of the services and merchandisers to customers with the help of websites and the departmental stores at jcpenney.com, that utilizes the tablet and the mobile devices and applications for the desktop. Online customers of the company purchase the direct shipments to customers from its stores and the distributing facilities from the warehouses, suppliers and by in store customer pick up. JC Penney sells the accessories, footwear’s, family apparel and the beauty products through the home furnishings and Sephora inside JCPenney. Departmental store of company provide the customers with the different services such as the portrait photography and as styling salon. in 2015 in January supply chain network of the company operated in 14 facilities with the different types of the distributing activities. Company operates in the 1060 department stores and in 49 U.S states and also operated in different discount outlets in the catalog business. Most of the stores of the company located in suburban shopping mall, and before 1966 most of the stores of company located in downtown areas. In the half of the 20th century shopping mall become more popular. Three competitors of JC Penney: Main three important competitors of JC Penny are SEARS, ROEBUCK AND CO KOHL’S CORPORATION Macy’s Inc, SWOT Analysis of JC Penney Strengths: Some strengths of the company is their brand name, because this brand has the good will in the minds of people. Therefore it is not difficult for the company to increase the sale or the profitability of the organization. Secondly company provided the good quality products in the low price. Present more than about 1100+ numbers of locations, with this with the strong financial position revenue performance of the company is greater. For attracting customers company using the different strategies like it offers free kids haircuts. JC Penney also launched the variety of the private labels , and offer the shipments of the goods that enhance customers experience. These are the important and major strengths of the company, due to which company can easily compete their competitors. Weakness: Due to some of the weaknesses company has to face some of the challenges like the company has less presence globally especially emerging economies. Secondly the market shares of the company are limits even the competitors of the company give the similar offerings. Opportunities: Company also has some of the opportunities and by availing these opportunities company can increase their market shares. Like more visibility with the help of the advertising and customers focused on the services. Acquisition of the smaller retail chains and imposable income of the customers increasing are the great opportunism for the company. Company can also tapping the international markets especially emerging economies. These are some of the opportunities and after availing these opportunities company can increase their profit ratio. CITATION CHL14 \l 1033 (CHLOE, 2014)Threats: With this company has some of the threats, for increasing the productivity company has to remove these threats. Expansion from the competitors is the major threat for the company, with this company also playing on the price point level. Company financial control is not their own operational cost. These are the threats that the company is facing. Environmental Factors Important External Factors: There re some of the external factors that affect on the company production in the different ways. These factors are Customers Government Competitors Government rules and regulation Shareholders Significant Change in Future: There are some of the changes that the company has to adopt for better future. For future JC Penney has to highlight the brand name, make the stores more inviting with this company has to make more controls over the pricing. Company has to make such kind of the strategies, which are helpful to increase the sale and attract the more customers. CITATION TOM13 \l 1033 (GARA, 2013)Technological trends that may impact the company? For increasing the sale or the productivity company has to use the latest and the updated technology which may help the company to increase the sale or the productivity of the organization. Beside this there are some of the factors that affect the company in the different ways, for this first of all company has to scan the environment then after the identification of the threats or the weaknesses company has to try to remove them and try to utilize the opportunities and strength for increasing the sale of the different products. With this company has to improve the distribution channel, and use some of the alternatives in case of any problem. JC Penney has to continuously improve the their system and strategies, they have to bring the changes according to the needs and demands of the customer. JC Penney has to update their systems and technologies for getting the attraction of the customers or to increase the market shares. For the manufacturing of the goods company has to use the latest methods or use the latest resources, And try to satisfy to their customers. Because if customers feel satisfaction after the use of the product then obviously they get attraction towards that product again. For increasing sales or gett6ing the attraction of the customers JC Penney has to give empower to their customers, because when they have empowerment then they can create their own type of the shopping experience. Are there social or the civic group critical of your firms practices? Company focus is the elite class, and company try to increase the satisfaction level of the different customers. With this company also trying to make the strategies on different level for attracting the young customers. But due to the wrong strategies and plans the sale of the company decreases from 2009 to 2011. References: BIBLIOGRAPHY \l 1033 CHLOE. (2014, february 17). JCPENNEY’S POSITIONING STRATEGY. Retrieved june 30, 2015, from http://chloehalley.com/2014/02/17/jcpenneys-positioning-strategy/ Farfan, B. (2011). Company Mission Statements - Complete List of World’s Largest Retail Missions. Retrieved june 30, 2015, from http://retailindustry.about.com/od/retailbestpractices/ig/Company-Mission-Statements/JC-Penney-Mission-Statement.htm GARA, T. (2013, august 28). Best Buy Has the Future of J.C. Penney’s Dreams. Retrieved june 30, 2015, from http://blogs.wsj.com/corporate-intelligence/2013/08/28/best-buy-has-the-future-of-j-c-penneys-dreams/ TICE, C. (20101, november 16). JCPenney's Smart New Innovation: A Fashion Thinktank. Retrieved june 30, 2015, from http://www.cbsnews.com/news/jcpenneys-smart-new-innovation-a-fashion-thinktank/

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