Ron johnson jc penney wikipedia
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JCPenney
American department store chain
This article is about the department store chain. For its founder, see James Cash Penney. For the retail chain branded as Penneys in the Republic of Ireland, see Primark.
JCPenney (colloquially Penney's and abbreviated JCP) is an American department storechain with 656 stores across 49 U.S. states and Puerto Rico.[3][4] It is managed as part of the Catalyst Brands portfolio alongside other apparel retailers such as Brooks Brothers and Eddie Bauer.[5]
Its departments include men's, women's and children's apparel, cosmetics, jewelry, and home furnishings along with leased departments managed by Shearshare, US Vision and Lifetouch. The chain focuses on lifestyle products for middle class households.
Overview
[edit]JCPenney was founded in 1902 as a group of dry goods stores that James Cash Penney managed as part of the Golden Rule chain and incorporated under his own name in 1913. The stores were initially located in downtown areas but shifted to shopping malls during the 1960s.
The chain struggled in the early 21st century amid the rise of internet retail and the decline of mall traffic and stay-home measures during the COVID-19 pandemic forced it into Chapter 11 bankruptcy in May 2020. It e
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Ron Johnson (businessman)
American businessman
Ron Johnson | |
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Johnson in 2015 | |
Born | (1959-10-15) October 15, 1959 (age 65) |
Nationality | American |
Education | University of Minnesota (B.A.) |
Occupation | CEO of Enjoy |
Known for | Business executive |
Ron Johnson (born October 15, 1959) is the CEO and founder of Enjoy Technology. Previously, he was CEO of JCPenney, where he led a failed effort to fundamentally reshape the retailer; senior vice president of retail operations at Apple Inc., where he developed the concept of the Apple Retail Stores and the Genius Bar; and the vice president of merchandising for Target Corporation, where he was credited for making the store appeal to a younger and trendier crowd.[1] Johnson is on the Board of Directors of Globality Inc, a start-up based in Menlo Park, California.[3]
Early life and education
[edit]Johnson was born in Edina, Minnesota, on October 16, 1958, to an executive at General Mills and a homemaker. He was the captain of the Edina High Schoolsoccer and baseball teams. Johnson later earned a Bachelor of Art, Economics from Stanford University and an MBA degree from Harvard Business School.[citation needed]
Career
[edit]Target
[edit]At Target, Johnson wa
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Three Lessons Support Can Finish from Daffo Johnson’s Breakdown at JC Penney
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