As journalists have begun to write their postmortems of Ron Johnson's turbulent 17-month reign as CEO of J.C. Penney, there are several common themes. Many argue that Johnson was arrogant to think he could completely reorient consumer...Show More Summary
Ron Johnson made a lot of mistakes during his tenure at J.C. Penney. However, none can compare to his decision to remove the "Month-Long Values" pricing category beginning last August.
Ron Livingston and Jake Johnson star in director Joe Swanberg's dramatic comedy about two co-workers whose lives are changed after one fateful weekend. [...]
Do you like fun things? Things like beer and love and friendship and mostly improvised movies? Or even fun people? Fun people like Jake Johnson, Olivia Wilde, Anna Kendrick, and Ron Livingston? Would you like to see all of those things and people together in one of SXSW’s biggest hits from earlier this year? Good, you can do that quite soon. Show More Summary
Mark Lennihan/AP By ANNE D'INNOCENZIO NEW YORK -- J.C. Penney is reporting a first-quarter big loss on a 16 percent revenue plunge as the chain continues to reel from the turnaround plan implemented by its former CEO Ron Johnson, who was ousted last month. The company, based in Plano, Tex. Show More Summary
J.C. Penney's first quarter loss was deeper than expected as the company tries to get over the Ron Johnson hangover and looks forward to Mike Ullman's leadership.
DAILY FINANCE is now reporting that JC Penney is changing it’s company logo for the fourth time in four years. After the company gave it’s controversial CEO Ron Johnson the old heave-ho recently, the company is hoping that yet another logo change will be what’s really needed to lure in the customers along with a [...]
Shares of J.C. Penney Company, Inc. (NYSE:JCP) plunged to a multiyear low of $13.55 in early April, following the announcement that CEO Ron Johnson had been replaced by his predecessor, Mike Ullman. The decision to remove Johnson dispelled any lingering hopes that his turnaround plan for the company would succeed. Moreover, the choice of Ullman [...]
Shares of J.C. Penney plunged to a multiyear low of $13.55 in early April, following the announcement that CEO Ron Johnson had been replaced by his predecessor, Mike Ullman. The decision to remove Johnson dispelled any lingering hopes that his turnaround plan for the company would succeed. Show More Summary
It feels like fewer than two weeks ago that JCPenney was coming to us, hat in heads, begging our forgiveness for the 18-month mistake that was the Ron Johnson era. Humbled, demure, wary of rejection after so much time in the dog house, JCPenney’s ad asked shoppers to please, please come back. It felt like only a smattering of … [More]
Ron Johnson served 27 years in Florida's Winter Park Police Department.
(Paul Mirengoff) At a Senate hearing in January, Hillary Clinton responded to questioning from Sen. Ron Johnson about the nature of the Benghazi attack with this rant: With all due respect, the fact is we had four dead Americans. Was...Show More Summary
By Saibus Research: We have been following J.C. Penney Company Inc. (JCP) off and on since 2011 because Bill Ackman had taken a position in JCP and because Ackman was influential in recruiting Ron Johnson away from Apple Retail (AAPL) in order to become JCP's new CEO to succeed Myron Ullman, who was JCP's CEO from 2004-2011. Show More Summary
Retail analysts have become increasingly discouraged by J.C. Penney's poor performance since former CEO Ron Johnson first shook up the company's strategy in early 2012. Revenue dropped by 25% in fiscal year 2012, and the board's decision to fire Johnson last month clearly implied that the company was not making progress. Show More Summary
J.C. Penney introduced a new marketing campaign last week, apologizing for the changes made during the Ron Johnson era. "Come back to JCPenney," the television concludes. "We heard you." Marketwatch over the weekend asked if the struggling retailer can bounce back the way Netflix did during its 2011 debacle. Spoiler alert: J.C. Show More Summary
A few months ago, defenders of President Obama and Hillary Clinton cheered when Clinton angrily responded to Sen. Ron Johnson's (R-Wis.) questions about the attack on our consulate in Benghazi and the White House's response by asking,...Show More Summary
J.C. Penney's stock was a dud during Ron Johnson's era, but a heartfelt apologetic marketing campaign isn't enough.
I think the biggest boost of confidence that J.C. Penney Company, Inc. (NYSE:JCP) shareholders could have gotten, besides Ron Johnson leaving, is George Soros’ buying the stock. Soros is the ultimate contrarian investor who sees things ordinary investors miss (check out Soros’ other high upside picks). Show More Summary
JCPenney spent $170 million hiring failed CEO Ron Johnson and his top three executives. About 18 months later, all those executives are gone, reports Matt Townsend at Bloomberg News. Johnson left JCPenney last month after shares sunk 50% in his tenure. Show More Summary
Trying to be like Apple Inc. (NASDAQ:AAPL) didn’t work out so well for J.C. Penney Company, Inc. (NYSE:JCP). Poaching the Mac maker’s retail chief Ron Johnson as CEO led to nothing but pain as he attempted to turn around the department store’s fortunes with Apple-esque strategies. Johnson pursued a more transparent pricing strategy, moving away from artificially [...]