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Michael Ainsworth/Dallas Morning News/MCTJ.C. Penney CEO Ron Johnson shows off a bread-shaped Michael Graves toaster at a Penney location in Dallas, Texas, in February. Ron Johnson finally stepped ...
Ron Johnson (born October 15, 1959) is the CEO and founder of Enjoy Technology. Previously, he was CEO of JCPenney, where he led a failed effort to fundamentally reshape the retailer; senior vice president of retail operations at Apple Inc., where he developed the concept of the Apple Retail Stores and the Genius Bar; and the vice president of merchandising for Target Corporation, where he was ...
JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain. The money is going toward ...
Thomas Iannaccone/Pool via Bloomberg J.C. Penney does an about-face, and Microsoft sets a deadline for millions of Windows users. The Dow Industrials rose 48 points yesterday, the S&P 500 added 9 ...
In 2011, when J.C. Penney hired Ron Johnson as CEO, it also paid him $53.3 million in total compensation. Last year, while Penney's stock fell 44%, he got paid $1.9 million. Much has been made of ...
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JCPenney has been through the wringer from a deeply-discounted department store to a failed experiment at being an aspirational lifestyle brand, if you remember that brief period, to going through ...