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Here's Ron Johnson's Complete Failed Plan To Turn Around JCPenney
There was a ton of hype over Ron Johnson taking on the CEO job at JCPenney a year and a half ago.Recruited by hedge fund manager Bill Ackman, Johnson bet his turnaround on making JCPenney look more...
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Former JCPenney CEO Mike Ullman Is Returning As Interim CEO
After a tumultuous year and a half, Ron Johnson is replaced by former JCPenney CEO Myron "Mike" Ullman.This comes just a few days after fund manager Bill Ackman, who recruited Johnson for the top job...
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It Was All Over For Ron Johnson When Bill Ackman Shredded Him On Friday
CNBC is reporting that Ron Johnsonhas been ousted as CEO at JC Penney, and will be replaced by his predecessor, Mike Ullman.It's a move that's not unexpected after huge losses, strategic missteps, and...
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ANALYST: Expect JCPenney To Go Private Soon (JCP)
Ron Johnsonis out at JCPenney, and former CEO Mike Ullman will take his place in the interim. The new leader represents a "kiss of death wrapped in a smile" for the retailer, which will likely go...
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Here's What Ron Johnson Did Right At JCPenney
Former JCPenney CEO Ron Johnson is finally out after months of criticism and plunging same-store sales. Its "shares are down 51 percent and the company's market cap has fallen $6.84 billion to $3.49...
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Here's Why Wall Street Doesn't Like The Return Of JCPenney's Old CEO (JCP)
The news that Ron Johnson was out sent JC Penney's stock up nearly 11 percent. Then we found out that Mike Ullman would be his interim replacement hit, and the stock immediately plummeted. There's a...
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INSIDERS: Macy's Is Out For Blood Against JCPenney (JCP, M, MSLO)
Macy's, JCPenney, and Martha Stewart have returned to court after failing to reach an agreement in mediation. Now, it will be up to a judge to decide what will become of JCPenney's planned home goods...
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Needed: One Outstanding Advertising Account Executive
Business Insider is looking for an advertising account executive who is proactive, highly motivated, and has a firm understanding of the online advertising industry and a tenacious desire to succeed in...
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Why JCPenney Could Never Be Like Apple (JCP)
During his disastrous tenure as JCPenney CEO, Ron Johnson ditched coupons, brought in fancy designers, and started to build boutique-style shop-in-shops.His goal was to make the old-school department...
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Male Managers Should Feel Free To Talk To Female Workers About Pregnancy...
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Walmart Has A New Strategy For Tapping Into The Millennial Market (WMT)
Walmart is opening small versions of its mega-stores on college campuses.The retailer recently announced its plan to open a new concept store at Arizona State University. The initiative is part of the...
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What Makes Employees Love Their CEO
CEOs are everywhere, but great ones are far and few between. Hitting sales goals and keeping costs inline are achievements that good CEOs must meet in order to keep stakeholders happy, but it takes...
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15 Things Overachievers Do
Superachievers typically do things differently than the rest of us. They don't always have everything in common, but they do have some underlying traits that they share. Below are a few characteristics...
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Ron Johnson's Ego Led Him To Run JCPenney Into The Ground
Ron Johnson arrived at JCPenney with pomp and high expectations, built by his own reputation and hedge fund manager Bill Ackman's heavy recruitment.Confidence was never an issue for Johnson, and that...
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HOWARD SCHULTZ: Ron Johnson's Tenure At JCPenney Was 'Tragic'
Starbucks CEO Howard Schultz said what everyone else in the industry was thinking when describing Ron Johnson's disastrous tenure at JCPenney. “Let’s face it. The last two years have been a tragic set...
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Startups Should Just Drop Their Marketing Team
I recently had a conversation with a marketing veteran, who came complete with an elite school MBA in marketing. I asked what he considered to be the purpose of a current marketing campaign. His...
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The Exorbitant Cost Of An MBA Has To Go Down
The case for getting an MBA has always been the same. Sure, it costs a lot, but in return, graduates from elite schools can expect a big salary bump.But according to NYU Stern School of Business...
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10 Tourist Attractions That Are Worth A Visit On Your Next Business Trip
Business trips are often nothing more than a blur of airport terminals, taxis, and hotel lobbies. The next time you're on the road, do yourself a favor and carve out some time to indulge in a healthy...
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16 Spectacular Corporate Headquarters Around The World
Some of the world's most architecturally impressive structures are actually the same buildings where thousands of people work every day.Giants like Apple, Google, and Facebook have built lavish...
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Ron Johnson Had A 'Marie Antoinette' Complex Toward JCPenney Customers
One of the greatest downfalls of former JCPenney CEO Ron Johnson was his inability to connect with core customers.Johnson did away with the retailer's popular promotions program, alienating customers...
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