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Posts tagged with Ron Johnson

J.C. Penney relents, brings back sales

When former Apple SVP of Retail Operations, Ron Johnson, took over as the CEO of American retail giant J.C. Penney, he had hoped to do for his new employer what he had done for Apple, where he led the development of the Apple Store and its Genius Bar.

Unfortunately for Johnson, the revolutionary tactic of ditching discounts and offering consumers straightforward low prices every single day of the year, turned out to be more disastrous than revolutionary.

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Will Apple's new high-street hire change the way we buy Apple products?

Few CEOs have it as good as Apple's Tim Cook. Just look at his company's performance in the first quarter of his tenure.

But as strong as Apple is currently, Cook can't sit back and hope that the company Steve Jobs took to new heights will run itself. He'll have to make tough decisions, and put his mark on the company's operations.

He's doing just that with his first big hire.

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