What happened to JCPenney CEO Ron Johnson?
Jan 30, 2012 · Robin Lewis is the founder and CEO of The Robin Report. He is an author, speaker, and consultant for the retail and consumer products industries. He co-authored the book: “The New Rules of Retail.”. As a VP at Goldman Sachs, he launched a retail consulting practice. Prior to this, he was an EVP and Executive Editor at WWD, and a VP of ...
Can Ron Johnson transform JC Penney in three years?
JCPenney has fired CEO Ron Johnson, who was brought in after his stint as Apple's retail chief to help turn the department store around. The news comes after …
Is Ron Johnson JC Penney's Jimi Hendrix?
When Ron Johnson became CEO of J.C. Penney in November 2011, he was nicknamed "the wizard from Apple.” As senior vice president of retail …
Who is Ron Johnson?
Apr 18, 2013 · In the case of CEO Ron Johnson's firing at JC Penney, the orphan label is so colossal because it might shutter after 111 years in retail. He may have built Apple's retail operations but his hubris may have killed JC Penney. When you think about it, it's by far one of the most spectacular retail failures in a generation.
Who is Robin Lewis?
About Robin Lewis. Robin Lewis is the founder and CEO of The Robin Report. He is an author, speaker, and consultant for the retail and consumer products industries. He co-authored the book: “The New Rules of Retail.”. As a VP at Goldman Sachs, he launched a retail consulting practice.
When old hippies get together, if one of them says: “I was there,” the rest automatically know the
When old hippies get together, if one of them says: “I was there,” the rest automatically know the “there” was Woodstock, the three-day outdoor rock festival in upstate New York attended by 400,000 people in 1969 that defined a generation.
The Visionaries
Ron Johnson and The Destruction of J.C. Penney
The Johnson era at J.C. Penney will go down in history as one of the most destructive reigns by any CEO at any company—ever. I won’t outline everything that went wrong for J.C. Penney under Johnson’s leadership as CEO here. (To learn all of the details, read Jennifer Reingold’s excellent article, “How to Fail in Business While Really, Really Trying.”) At a high-level, Johnson’s strategy f…
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Ron Johnson, Retail Guru
Although I am critical of Johnson for his tenure as CEO of J.C. Penney, I believe Johnson deserves credit for two things since departing the company. First, Johnson co-founded a company called Enjoy, a mobile retail store “that comes to your door” delivering smart devices and other technology and then ensures customers know how to use the devices. I have researched Enjoy, …
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What’s Next For J.C. Penney?
In 2019, J.C. Penney is in a world of hurt. The impact of Ron Johnson still reverberates. The CEOs that followed Johnson all failed to do anything materially to stem the decline in sales. J.C. Penney hired its current CEO, Jill Soltau, in October 2018 and already Wall Street and analysts are predictingmore pain for the beleaguered retailer. My opin...
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