JC Penney CEO Ron Johnson capitulates, brings back sales

“J.C. Penney is bringing back sales,” Anne d’Innocenzio reports for The Associated Press. “The struggling department store chain this week will begin adding back some of the hundreds of sales it ditched last year in hopes of luring shoppers who were turned off when the discounts disappeared, CEO Ron Johnson told The Associated Press.” “Penney … Continue reading

What’s – and who’s – next for Apple Retail Stores

“Apple has ousted its head of retail just in time for the holidays,” Laura Heller reports for Forbes. “John Browett is out as head of retail and Apple is once again on the hunt for someone lead this division.” “Apple hired Browett to take over when Ron Johnson left to head JCPenney. The choice of … Continue reading