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JC Penney Shares Plummet on Poor Quarterly Sales
by John Sealander Who Determines the Future for JC Penney:Ron Johnson, or His Customers? Ron Johnson, the former Target executive who helped Steve Jobs create Apple’s wildly successful chain of...
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JC Penney Transformation Could Take Longer Than Expected
by John Sealander New Initiatives May Not be Enough to StopThe Slide in JC Penney Sales and Profits Department store powerhouse JC Penney has had a rough year. During the last 12 months, the...
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Ron Johnson Out as JC Penney CEO
by John Sealander After Destroying a Venerable 110-year-old RetailerIn a Single Year, Ron Johnson Gets the Sack What was Ron Johnson thinking? Given his impressive resume, many thought that “the...
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Store Closings at JC Penney: An Isolated Case or a Troubling Trend?
by Bonnie McEwan In mid-January, JC Penney announced that, in a bid to stem losses, it will close 33 of its stores and cut 2,000 jobs, resulting in about $65 million in savings per year. The...
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What’s Killing JC Penney?
by Bonnie McEwan Q: What’s Killing JC Penney: Bad Management, E-Commerce or Bad Branding? A: Yes Following-up on our article last week, we continue to examine implications of the troubles at JC...
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