Instead, Penney’s wounds are largely self-inflicted. The company’s downfall does not fit cleanly into the death-by-Amazon story of many retailers in recent years. It has more than 860 left, but hundreds are in troubled malls, with leases that prevent Penney from escaping. Penney closed 141 stores last year is closing eight more this year. In its most recent quarter, Penney lost $101 million and was forced to offer steep discounts to clear a glut of clothing piling up in inventory. JCPenney ( JCP) has posted a profit in only two quarters over the past four years. Penney finds itself weighed down by years of errors, failed CEOs and muddled attempts to establish a clear identity with shoppers. “The prognosis for the future is not happiness.” “They’re in a leaky boat that eventually will sink,” said Mark Cohen, the director of retail studies at the Columbia Business School and a former CEO of Sears Canada and other department stores. Leaderless, $4 billion in debt and with a stock price below $2, the besieged retailer faces an uncertain fate after posting its latest round of dismal earnings. CEO turmoil and billions of dollars in debt, JCPenney’s future is uncertain.The company lost shoppers during the recession and by ditching popular brands.JCPenney has posted a quarterly profit only twice since 2014.Rev up the drill and start griding until the hard spot is smooth. wrap sand paper around the wheel so you can put your whole hand around it. tighten the nut down on the screw so it locks down the wheel to the screw.

find a screw and nut that will fit the bearing as tight as you can. You can also try to grind off the hard spot on rubber idler wheel.

It's too new for Olde Radio Gear and not the Penney's rack systems. I'd have the same problems with Sears' Silvertone stuff or Western Auto's or Monkey Ward's, and I'm sorry. A decade older and I could get lots of information for you the very last Technics made stuff ('81-85) I can match up to Technics home page. the idler wheel, which is rubber, has gotten hard with age, and a product like 'Re-Grip' might help it if you can remove it and soak it in a plastic baggie (zip-type) for a week.

It's most likely a BSR rim-drive turntable, if it doesn't say 'Technics' on the back or underneath (like my sister's). If your's has an 8 track player, it's at least 5-6 years older. Whitneyville wrote:OK, JC Penny got out of electronics and small appliances in 1984.That's where I got my 'close-out' micro-wave.

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