Retail is really hard. Great analysis on JCPenney: Ron Johnson: a great plan with a fatal flaw

Ron Johnson: a great plan with... kensegall.com screenshot

I really like this analysis. And I was following Ron Johnson's career after he left Apple and I was curious (as a non-American) what this JCPenney is and stands for. The problem Ron had with jcp turnaround is that he needed more time... and unlike Apple, they didn't have products people really wanted badly there... Apple stores are great mostly because the products of Apple are desirable. In jcp he had to come up first with a product mix people really wanted.

To me it's a shame of not letting Ron have a little more time and getting back to the old CEO seams like a really bad idea...

Posted on Sunday, April 21, 2013