Tag Archives: JCPenney

Where JC Penney Went Wrong

Posted on April 18, 2013 by Art Johnson

Faulty Pricing Strategy Cost JC Penney Billions Former JC Penney CEO, Ron Johnson, implemented massive changes at JC Penney since taking over the helm in November 2011. But the change that led loyal customers to abandon JC Penney in droves … Continue reading →

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Saving JC Penney

Posted on April 12, 2013 by Art Johnson

5 Step Plan to Save JC Penney 1. √ Fire CEO Ron Johnson 2. √ Re-Hire previous CEO 3. √ Hire Blackstone to sort out financial options 4. ? Get customers back 5. ? Move forward In the last few … Continue reading →

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Three Retail Giants Struggle

Posted on March 28, 2013 by Art Johnson

The Saga of Best Buy, Barnes & Noble, and JCPenney These three retailers have been the subject of many blogs on this site, and are back in the news. Read what's new: Best Buy Best Buy has seen an uptick … Continue reading →

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New JCP Ads During the Oscars

Posted on February 25, 2013 by Art Johnson

JCPenney's risky new ads at The Oscars Continuing to bleed cash quarter after quarter, JCPenney (JCP) embarked on a risky new advertising campaign at the 2013 Oscar Show. They had 6 new ads, including the premier 90 second Dear Dreamer … Continue reading →

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JCPenney’s Failed Pricing Strategy to Change

Posted on January 30, 2013 by Art Johnson

JCP CEO Ron Johnson Changes Direction – Again Let the Sales Begin The biggest sale at JCPenney has been the 55% drop in the stock price since January 2012 when new CEO Ron Johnson rolled out an everyday low price … Continue reading →

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Is it too late for JCPenney?

Posted on October 16, 2012 by Art Johnson

Will new JCP mini-stores and a $10 gift make a difference?   Despite a strong September for industry retail sales and somewhat optimistic forecasts, JCPenney's new strategy has failed to bring in consumers. Eschewing the successful promotional and heavy discount … Continue reading →

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J.C. Penney new retail strategy is missing something – customers

Posted on July 30, 2012 by Art Johnson

Having written a couple blogs regarding J.C. Penney's new retail strategy, I decided to do some empirical research and visit a couple of their stores. I felt well-versed on what they were trying to do, but wanted to see for … Continue reading →

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Why JCPenney’s new business strategy is failing

Posted on June 4, 2012 by Art Johnson

JCPenney recently announced a bold new everyday low pricing strategy, greatly reducing the number of sales events and specials in its stores. They heavily promoted their new approach as a more rational business model and a better deal for the … Continue reading →

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