Even With Ron Johnson Out As CEO, No Closer To JC Penney Turnaround
April 19, 2013 at 11:55 AM EDT
Less than 18 months since he was hired to lead JC Penney (JCP), Ron Johnson has been replaced by his predecessor, Mike Ullman. Given that many industry people thought Johnson would be given all of 2013 to show signs that his store transformation plan was starting to bear fruit, the fact that he was fired in the first quarter [...] Related Posts: J.C. Penney Stock: Back to Earth JCPenney: Great New Ads, Overbought Stock Ron Johnson’s First Target at J.C. Penney: Martha… An Inside Look at the New Retail Strategy at J.C. Penney… Until JC Penney CEO Ron Johnson Admits Reality, It’s…