News Artcle

In remaking Penney, CEO making a mess

Published November 17, 2012

In remaking Penney, CEO making a mess by Andrew Ross Sorkin The New York Times Published Nov 17, 2012 01:01AM MDT You should know you have a problem when sales at your stores fall 26.1 percent in one quarter. That was the surprising decline J.C. Penney reported last week when it disclosed that it had lost $123 million in the previous three months. However, inside the fantasy world that is the executive suite of J.C. Penney, apparently it was just part of the plan. Ron Johnson, the former head of Appleā€™s retail business who was handpicked to turn around J.C. Penney a little over a year ago, was in full spin ... Copyright 2012 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

[ read more ]
Utah Business Social
UB Events View All
Utah Employers Healthcare Summit and Healthcare Heroes Utah Business Event
Oct 6, 2015
The Utah Employers Healthcare Summit is a gathering of all of the major employers, healthcare pro...
Twenty in Their 20sUtah Business Event
Nov 5, 2015
Meet the young and ambitious professionals who are taking the business world by storm! The honore...
Sustainable Business Awards Utah Business Event
Nov 19, 2015
Utah Business magazine is pleased to announce the Utah Sustainable Business Awards. This program ...
Community Events View All
9th Annual CHINA Town Hall: Chinese Investment in the United States
Oct 5, 2015
CHINA Town Hall is a national day of programming on China involving 70 cities throughout the Unit...
Oct 6, 2015
Link to tickets:  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
* Event Description: