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It awfully sounds like Yahoo is JCPenney of tech. A super-star was brought in to revive the growth in to JCP, Ron Johnson. He tried it too hard and too fast, an
by sremani 12y ago
It awfully sounds like Yahoo is JCPenney of tech. A super-star was brought in to revive the growth in to JCP, Ron Johnson. He tried it too hard and too fast, and almost ruined JCP beyond recovery. "Alibaba" is the one silver-lining that gives Yahoo something to play along, but this just reminds me JCP & Ron Johnson.
- freditup 12y agoI really liked what Ron Johnson tried to do with JCP, and I loved his straightforward pricing (no more of that standard department store mark it up 300% and then perpetually have it on 50% off discount). Guess it ended up being a little bit too idealistic of a strategy though and JCP customers weren't able to see that it really benefited them. A shame it didn't work out.
- zaroth 12y agoI would love to be able to pop open a web page, login, and click off some great clothes at consistently great prices and never a mention of "sale", "discount", "promotion", "free", or "almost out of stock" and just be done. For kids in particular who are outgrowing their entire wardrobe every 6-12 months, streamlining the process would be incredibly useful. But I think you need one more thing -- you need branded product lines which set expectations on the product and consistently back them up. I think JCP, without the draw of a big sale, didn't have enough draw left over. No one showed up to ever see all those consistently great prices.