Apple's ex-retail boss Ron Johnson out from JC Penney, back to the mothership?

Apple's ex-retail boss Ron Johnson out from JC Penney, back to the mothership?
After a brief, and largely unsuccessful effort to pull JC Penney out of the dumps, Apple's ex-boss of retail Ron Johnson has been shown the door, it seems. The discount clothing retailer saw its revenue slump 27% under Ron, despite the stellar performance he achieved with the Apple Store chain, for which they hired him.

It turns out that even one of the best retail specialists can't help when you have more than a thousand stores across the US in increasingly unattractive locations, and the product you are selling is not exactly flying off the shelves like Apple gear does. Mr Johnson wanted a "challenge" when he moved, and tried to make JC Penney more upscale, rebranding the locations into "Shops" with a more boutique feel, but it turned out to be a slow and painful process.

Word on the street is that Ron Johnson might make a swing at Apple again, as now the retail shops of the electronics giant are directly run by Tim Cook himself, who probably has much more on his head with the falling stock price and the plotting of Apple's future products against the Android crusade anyway. Not that the stores aren't being run well now, as Apple took in almost $5 billion in profit from there last year.

FEATURED VIDEO

3 Comments

1. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

Stranger things have happened before. Only thing is, when you leave Apple, they tend to move on. Maybe Tim is tiring of the retail people reporting to him?

2. dangchitrung

Posts: 89; Member since: Apr 04, 2012

The title should read " Apple's sex-retail boss... "

3. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

So what you're saying is...... Mr. Johnson can succeed with product that allegedly sells itself but, when he actually has to work for success, he is nothing short of an absolute failure. My sources tell me that he failed with J.C. Penney because the Board of Directors wouldn't approve his two requests for rebranding: 1. Change store name to J.C. iPenney. 2. Wouldn't allow stores daily sync to iTunes.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.