In 2012, JC Penney’s new CEO, Ron Johnson, made a huge bet. With a grand strategy to fundamentally transform JC Penney’s business model, his opening salvo on day one was to totally eliminate the myriad of Penney’s promotional pricing gimmicks […]
Grandma\’s JCP Gets Zippy Already it is looking like NOT your grandmother’s JC Penney. Modern, crisp and zippy branded boutiques, shops and stores are popping up in 683 of the company\’s 1100 stores. CEO Ron Johnson, during his opening salvo […]
[…] site for an undisclosed usage, most likely as an \”industrial asset.\” Directly north of Sunrise Mall, an ambitious development by Simon Properties of a promising \”mixed-use\” lifestyle residential and retail enclave known as Syosset Park has been abandoned and will […]
[…] begins to describe the RH Guesthouse in Manhattan’s Meatpacking District around the corner from the retailer’s four-year-old gallery. While both properties include restaurants, that’s where the similarities end. Along with private jets and a yacht available for lease, a second […]
[…] situation be changed? Or, more importantly, should it? And, what are the consequences of trying to change the situation, as JCPenney has done recently? Retailing goes back at least to the 5th Century B.C.E. when the agora, in ancient Greece, […]
[…] ecommerce and have now begun to reign things in. They have, in fact, started to sell off some of the properties they acquired that unsurprisingly added no value to their brand. Jet.com has mostly disappeared from view and it\’s anyone\’s […]
[…] I was done with my recent assessment of Authentic Brands Group licensing model as well as their SPARC deal with Simon Properties. I have already commented on the idiocy of placing dying ABG brands into dying malls (Simon Properties) to […]
[…] Promised Land remains to be seen. Frankly, 2012 was just a warm-up and the real test comes this year when JCP has to start anniversarying its lame numbers that started last February. If they can’t beat those comps, Bill Ackman […]
Run, do not walk, to the nearest JC Penney store and go see the new home store. It is perhaps the best merchandised, most beautifully displayed and freshest home furnishings department retailing has seen since the first Macy’s Cellar in […]
[…] Christmas gifts that season. Joe Fresh seemed a good resource for low priced, colorful, clean looking, basics. A poorer woman’s JCrew, perhaps a bit younger, certainly much, much cheaper — decent enough quality for the price, with a teeny bit […]
