Ron Johnson

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New JCPenney Ad: We're Sorry, Come Back!

Hopes put-off customers will return for Mother's Day

(Newser) - It's what so many of us do after our relationships implode: beg the other to come back. Please! JCPenney is now trying the groveling route as well. The embattled retail empire has released a new ad that begins "It's no secret...," apologizes for its "mistakes,...

Mass Layoffs Backfired in JCPenney Overhaul

Slashing headcount wasn't one of Ron Johnson's better ideas

(Newser) - Of all the missteps that led to the plunge in sales at JCPenney and the exit of CEO Ron Johnson , the mass layoffs Johnson instigated may have been the most damaging, the Wall Street Journal reports. The firm's average 150,000 full- and part-time workers had been gutted to...

JCPenney Dumps 'Disastrous' CEO

Ron Johnson out, predecessor Myron Ullman in

(Newser) - JCPenney has ditched CEO Ron Johnson after a 17-month run that produced some of the most disastrous results in retail history . Johnson, who masterminded Apple's retail success, will be replaced by his predecessor Myron Ullman, reports the New York Times . The struggling chain is in the middle of a...

JC Penney CEO Gets 96% Pay Cut

Ron Johnson made less than $2M in 2012

(Newser) - Let's just say Ron Johnson's 2012 was not quite as good as his 2011. The JC Penney CEO worked just two months in 2011 and got $53.3 million for his troubles, the vast majority of it in stock; but last year his compensation was slashed a staggering...

It&#39;s True: JCPenney Is a Disaster
 It's True: 
 JCPenney Is a Disaster 

It's True: JCPenney Is a Disaster

Matthew Yglesias pays a visit and finds all the bad reviews to be true

(Newser) - JCPenney reported earnings this week that were so bad they boggle the mind, writes Matthew Yglesias in Slate . (Maybe the worst ever in retail?) The chain has been struggling to reinvent itself under the vision of Apple retail guru Ron Johnson, and Yglesias decided to visit a store himself to...

Senator Says Clinton Used 'Theatrics' to Dodge Question

Ron Johnson says her outburst was calculated

(Newser) - The big highlight from Hillary Clinton's Benghazi testimony today remains her showdown with Republican Sen. Ron Johnson of Wisconsin. He pressed her on how she handled the terrorists-vs-spontaneous-protest matter, and she shot back, "With all due respect, the fact is we had four dead Americans. What difference, at...

Todd Akin: I&#39;m Not Going Anywhere
Todd Akin:
I'm Not Going Anywhere

Todd Akin: I'm Not Going Anywhere

But apologizes for 'legitimate rape' as top GOPers tell him to quit

(Newser) - The calls are raining down for Todd Akin to bow out of his Senate race after opining that "legitimate rape" victims were not at risk of getting pregnant, but the Missouri Republican says he's staying put. "I'm not a quitter," he said on Mike Huckabee'...

JCPenney: OK, We'll Bring Back the Word 'Clearance'

Six months after launching new pricing strategy, a new pricing strategy

(Newser) - JCPenney has apparently realized the whole no-more-sales move was a bad one. With its stock down almost 40% this year, the store is backtracking on its six-month-old pricing strategy by introducing yet another pricing strategy. In February, the department store canned its hundreds of yearly sales in favor of a...

Cue the Debate on Gun Control
 Cue the Debate on Gun Control 

Cue the Debate on Gun Control

Colorado massacre dominates Sunday talk shows

(Newser) - The Dark Knight massacre ripped through the Sunday talk shows today, echoing the resurgent national conversation about gun control in the wake of the tragedy. The players and their thoughts, as per Politico :
  • Colo. Gov. John Hickenlooper : “This guy is a terrorist. He wasn’t a terrorist in the

Why JCPenney's No-Coupon Experiment Is a Bust

People actually like sales, coupons: Brad Tuttle

(Newser) - JCPenney’s new plan —stop offering huge markdowns on inflated, “fake prices” in order to offer “fair and square” pricing—sounds good in theory. Prices start at least 40% lower than they had been, with no need for customers to take advantage of sales or coupons...

JC Penney's New Plan: an End to All Those Sales

...because every day will be a sale!

(Newser) - After attempting to woo bargain-hunters with 590 sales last year, JC Penney is officially doing away with them. But penny pinchers don't need to fret. The struggling chain's plan is to essentially make every day a sale by marking down all of its merchandise by 40% or more—...

Ron Johnson: Why Apple Stores Work
 Why Apple 
 Stores Work 

Why Apple Stores Work

Former boss of stores says it's all about customer relationships

(Newser) - Apple Stores’ success is about much more than Apple products; after all, you can get Macs, iPhones, and iPads elsewhere for less money. What draws customers is the fact that an Apple store is “more than a store to people,” writes Apple's former VP of retail, Ron...

Senator: Open Budget Talks or I'll Shut Down Senate

Ron Johnson threatens to block chamber's business

(Newser) - Every senator has the power to bring the chamber's business to a halt, but only freshman Ron Johnson is threatening to use it. The Wisconsin Republican vowed yesterday that he would block "business as usual" in the Senate by withholding his consent for basic procedures unless debt ceiling...

GOP Senators Take Secret Afghanistan Trip

Mitch McConnell and crew return with praise for Obama's strategy

(Newser) - Mitch McConnell and a handful of other Senate Republicans took a secret trip to Afghanistan and Pakistan this weekend, announcing the trip only today—just before their return flight. The group, which included Lindsey Graham, Richard Burr, and freshmen Marco Rubio, Ron Johnson, Pat Toomey, and Kelly Ayotte, met with...

8 Senate Races to Watch
 8 Senate Races to Watch 
midterms 2010

8 Senate Races to Watch

These races will decide just how good the GOP's night is

(Newser) - It’s Election Day, folks, and we're here to give you the low-down. All eyes are certainly on the Senate, where Democrats have a chance to keep their majority, provided they can win a few close races. Here's what's happening, according to the Washington Post , complete with links to our...

Wisconsin Race Embodies 2010 Election

Senate contest is a microcosm for the country

(Newser) - Ron Johnson has always loved conservative talk shows and columns, but never thought about running for office—until Barack Obama got elected. Urged to speak at a tea party rally, the wealthy but then-anonymous businessman got a taste for politics. Soon he was pitching himself as a Senate candidate to...

Will Tea Party Turn Senate Into Fight Club?

Senate may not be able to get anything done, critics fear

(Newser) - At a recent Senate Republican Conference, Wisconsin Senate candidate Ron Johnson pointed to Jim DeMint and announced, “I’m coming to join the fight, not the club.” Johnson, like DeMint, plans to throw up roadblocks in front of any legislation that doesn’t meet his approval, and he’...

Poop Scoopers Rake It In
 Poop Scoopers 
 Rake It In 

Poop Scoopers Rake It In

'Waste specialists' see increasing profits with a business 'always picking up'

(Newser) - The economy might be slowing, but one man's poop-scooping business is, well, piling up. A sixth sense for sniffing out the goods is earning Ron Johnson's Poo-B-Gone $75,000 yearly, the Chicago Tribune reports. Pet owners who are too busy or grossed-out to handle their dogs' waste pay up to...

Stories 21 - 38 | << Prev 
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