Ron Johnson is the former Apple retail chief who has been brought in by David Ackman to turn JC Penney around.
Let's just say, Johnson has his work cut out for him.
We were just looking at a new Goldman analyst note on retail, and boy, those stores are UGLY!
Grey carpets, awful light, ugly racks. Just horrible.
You might be thinking that the shot is just bad because there's no color on the racks, but nope.
Check this one out:
The good news is that the upside is huge, but really, it's going to take something pretty special turn this into a place where more people are going to want to shop.
Click here to see Johnson's plans >
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See Also:
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- H&M Is Getting Slammed For Allegedly Copying An Artist's Design On A Bunch Of Its Own Products
- The 6 Ways Ron Johnson Plans To Transform JC Penney Into 'America's Favorite Store'