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J. C. Penney Company, Inc. Message Board

  • lrking1 lrking1 Apr 4, 2013 11:15 AM Flag

    new paradigms for retail

    store within a store, monetize showrooming, pickup/return in store from buying online, what else? sorry but ron johnson may be a good designer but he doesn't have what it takes as ceo of a turnaround story. he needs to go and we would get $3 pop

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    • True enough...but the "$3 pop" will only be a temporary mirage. The smart money knows that RJ has taken a blow torch to this company. The customers have gone, ergo no sales revenue and insufficient operating capital. Macy's knows RJ and JCP are on the ropes, so no real incentive to reach a mediation agreement over Martha Stewart. New management put in to replace RJ will not be the "cream of the crop" top executive is going to ride this sinking ship down. Eventual sale or bankruptcy/reorganization will be instituted eventually.

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