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Ron Johnson Killed J.C. Penney but Has Since Become a Retail Guru (2019)
- maxharris 6y agoI have the opposite conclusion. Had Johnson never tried to turn them around, they would have gone bankrupt anyway. Everyone knows retail is dead. How does the author explain what happened at Neiman Marcus? Or the decline at Macy's? To really evaluate Johnson, you only need to ask two questions: how is Target doing, and how is Apple doing? Had they kept Ron Johnson, JCP would have shrunk some more before turning around. By only giving him 16 months at the helm, they sealed their fate.