Stocks to Watch:

Mindy Grossman Flirts with JC Penney, 3 Reasons Why She Should Stay Away

Now watching

Next video starts in : 7 Play

Mindy Grossman Flirts with JC Penney, 3 Reasons Why She Should Stay Away

Mindy Grossman Flirts with JC Penney, 3 Reasons Why She Should Stay Away
Replay video
Up next

Stocks Build on Tuesday's Gains as Investors Regain Confidence

Unlock your personal NFL Now stream by signing in to NFL.com

Mindy Grossman Flirts with JC Penney, 3 Reasons Why She Should Stay Away

by TheStreet 1:15 mins

Despite JC Penney’s business demonstrating a pulse this year after a disastrous 2013, the company is having trouble securing a permanent CEO to take the reins from current leader Mike Ullman. The CEO of Home Shopping Network, Mindy Grossman, a highly-regarded retail industry executive, reportedly turned down the chance to become JC Penney’s next captain some two months ago. The reasons why she may have rebuffed the department store chain are numerous. TheStreet's Retail Contributor Brian Sozzi shares how Grossman likely assessed the storied retailer of apparel and home goods and made her decision to stay away.

View Comments (0)