Submission + - Star of Apple Retail experience, Ron Johnson, fired as CEO of JC Penney
Fudge Factor 3000 writes: Ron Johnson was famous for coming up with Apple Store retail experience that a lot of people have grown to love. They became hip hangout joints where people could try out Apple products and learn about using them. These stores also generate the greatest revenue per square foot of any retail space out there. He was hired by JC Penny to turn around the beleaguered company in 2011 as CEO after being scooped from Apple. However, it appears he has failed miserably in his task of attracting the young hip crowd while at the same time alienating the base that frequently shopped at JCP. He failed spectacularly at JCP for all the same reasons he succeeded at Apple. Time lists the 5 reasons for his ouster in this article: http://business.time.com/2013/04/09/the-5-big-mistakes-that-led-to-ron-johnsons-ouster-at-jc-penney/ It is a really interesting read about what not to do.
It appears the SVP of Retail position remains open at Apple. Will he return?
It appears the SVP of Retail position remains open at Apple. Will he return?