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No surprise: Browett's reign over Apple retail a short 7 months

THE JC PENNEY DISASTER TIMELINE: How Ex-Apple Guru Ron Johnson Is Destroying The Company (JCP)

www.businessinsider.com
Ron Johnson, the former retail boss at Apple, became CEO of department store chain JCPenney in June of 2011. Since then the company, which had a very good 2010, has implemented a series of gigantic overhauls to nearly every aspect of its business. It's resulted in the shedding of customers,...
THE JC PENNEY DISASTER TIMELINE: How Ex-Apple Guru Ron Johnson Is Destroying The Company (JCP)

JCPenney Had A Huge Social Media Apology Tour This Week

www.businessinsider.com
In case you missed JCPenney's new commercial, the retailer is really, really, really sorry for its admitted "mistakes" and is begging customers to come back. But the apology tour isn't limited to the airwaves. This week JCPenney has unrolled a massive social media initiative to try to win loyalists back....
JCPenney Had A Huge Social Media Apology Tour This Week

Bye, bye Nook? E-reader makes top 10 list of brands expected to die

www.geekwire.com
Amazon.com may have killed it, and Microsoft may not be able to save it. Yes, Barnes & Noble’s e-reader device, the Nook, is in a precarious situation. And now it has been tagged with an unfortunate label by the folks at 24/7 Wall St., which have put the Nook on...
Bye, bye Nook? E-reader makes top 10 list of brands expected to die

Rumor Roundup: In Which an Angry Reader Hopes We Are Forced to 'Work on a Land Line Forever'

betabeat.com
Book learnin’ Good news for would-be inhabitants of Mars, who ought to know as much about their future God Emperor as possible: Bloomberg Businessweek writer Ashlee Vance has sold The Iron Man: Elon Musk’s Quest to Forge a Fantastic Future to the publisher Ecco. “As we say in Texas, git er done,” Mr. Vance concluded...
Rumor Roundup: In Which an Angry Reader Hopes We Are Forced to 'Work on a Land Line Forever'

J.C. Penny poaches from Apple, hires former retail store senior exec

9to5mac.com
In November, retail store J.C. Penny hired Apple’s former retail chief Ron Johnson as its CEO, in hopes of turning the company around. Johnson has continued to make new hires to his exec team at J.C. Penny, but until today, he never went sniffing in Apple’s territory. However, J.C. Penny...
J.C. Penny poaches from Apple, hires former retail store senior exec

Apple exec leaves for JC Penney

www.appleinsider.com
It was announced on Thursday that an Apple executive will follow former retail guru Ron Johnson to jcpenney as the department store looks to stimulate sales with a fresh look and new branding....
Apple exec leaves for JC Penney

Tons of traffic: Amazon dominates online retail during Christmas week

www.geekwire.com
The holiday numbers speak for themselves: Amazon is the biggest online shopping site, and it’s not even close. New website traffic stats from Experian show Amazon with 25.5 million website visits on the day after Christmas, more than three times the amount for second-place WalMart. That number does not even include mobile...
Tons of traffic: Amazon dominates online retail during Christmas week

JCPenney Associate: 'It Has Become An Awful Place To Work' (JCP)

www.businessinsider.com
Ron Johnson is completely overhauling JCPenney, but what do the folks on the ground, grinding away at their not-so-glamorous retail jobs think about the changes? The latest string of firings occurred on Monday, when JCPenney cut a lot of middle management jobs. We spoke with a current JCPenney sales associate,...
JCPenney Associate: 'It Has Become An Awful Place To Work' (JCP)

HARVARD PROFESSOR: Why JCPenney And Facebook Will Never Be Like Apple

www.businessinsider.com
One of the biggest threats to companies like JCPenney and Facebook is that they're too focused on short-termism, says Cynthia Montgomery, a strategy professor at Harvard Business School. In her new book, The Strategist: Be The Leader Your Business Needs, Montgomery talks about how most leaders have been delegating "strategizing" — either...
HARVARD PROFESSOR: Why JCPenney And Facebook Will Never Be Like Apple

Western Union Gets Into Online Payments, Launches PayNearMe Competitor WU Pay

techcrunch.com
Money transfer service Western Union is launching a new online payments platform, called WU Pay, that allows consumers to pay for goods online by using your bank’s online bill pay service (similar to the way you pay a utility or credit card bill), or at a Western Union location in...
Western Union Gets Into Online Payments, Launches PayNearMe Competitor WU Pay

JCPenney Employee: 'I Fear We Are Turning Into Sears, The Laughing Stock Of Retail'

www.businessinsider.com
There are big changes happening at JCPenney under new CEO Ron Johnson, and not everyone inside the company is happy about it. One regular JCPenney employee sent an email to the Consumerist about what's really going on inside as the layoffs start to pile up. Here's what he had to say...
JCPenney Employee: 'I Fear We Are Turning Into Sears, The Laughing Stock Of Retail'

Vine Will Now Host Brand New 'Peanuts' Stop Motion Comics [THE BRIEF]

www.businessinsider.com
Good morning, AdLand. Here's what you need to know today: Pretty soon, Vine will be used as a platform for 12 "Peanuts" stop motion, 6-second comics. Khoa Phan's Vine animations got the attention of Peanuts Worldwide, and the company reached out to him for a deal. "The Khoa Phan-Vine deal is part of...
Vine Will Now Host Brand New 'Peanuts' Stop Motion Comics [THE BRIEF]
MomentFeed gets $1.8M more, is quietly powering the local efforts of some major brands

JC Penney Blows Up Again

www.businessinsider.com
JC Penney's turnaround is still headed in exactly the wrong direction. The company just reported horrible Q2 results and announced that it will miss its targets for the balance of the year. JC Penney has been in the spotlight since former Apple Store boss Ron Johnson took over as CEO...
JC Penney Blows Up Again

Watch Steve Jobs' ad man Ken Segal talk for over an hour about the simplicity of Apple [video]

9to5mac.com
Ken Segal, author of  Insanely Simple: The Obsession that Drives Apple’s Success talks with Techland’s Harry McCracken at a Computer History Museum event. From the Computer History Museum: Many people consider Apple the most powerful brand in the world — an accolade that’s hard to dispute when its product line...
Watch Steve Jobs' ad man Ken Segal talk for over an hour about the simplicity of Apple [video]

Rent The Runway Poses A Threat To Department Stores

www.businessinsider.com
Rent The Runway, a website that lets women lease gowns for major events, announced that it raised $24.4 million in financing.  Co-founder Jenn Hyman also said that it's likely the company will go public. Rent The Runway plans to use this round of financing in order to build showrooms where consumers...
Rent The Runway Poses A Threat To Department Stores

Read The Part Of Bill Ackman's Investor Letter Where He Talks About Taking A Bath On JC Penney (JCP)

www.businessinsider.com
Hedge fund titan Bill Ackman, the founder and CEO of Pershing Square Capital Management, is still making a bullish case for JCPenney even though his hedge fund is taking a beating on that investment. Pershing Square's investment in J.C. Penney has cost them "more than nine percentage points of gross...
Read The Part Of Bill Ackman's Investor Letter Where He Talks About Taking A Bath On JC Penney (JCP)

Apple taps European exec to head its retail division

venturebeat.com
Apple has announced that John Browett, the now former CEO of UK-based Dixons Retail, will join the company as senior vice president of its retail division. “Our retail stores are all about customer service, and John shares that commitment like no one else we’ve met,” said Apple CEO Tim Cook,...
Apple taps European exec to head its retail division

FORMER KRAFT EXEC: Ron Johnson Is A 'Rocket Man'

www.businessinsider.com
JCPenney CEO Ron Johnson, the former retail head at Apple, is a "rocket man," writes John Bell on his blog CEO Afterlife. Bell was CEO of Kraft subsidiary Jacobs Suchard. What's a rocket man? They're the ones at places like Amazon, Google and Apple who can still keep innovation going...
FORMER KRAFT EXEC: Ron Johnson Is A 'Rocket Man'
RON JOHNSON: 'I Thought I Could Be Under The Radar' When I Left Apple For JCPenney

Amazon Sees Its Biggest Holiday Season Ever, Tops Online Shopping Survey While Apple, Dell & JCP Decline

techcrunch.com
Customer experience analytics company ForeSee released its eighth annual holiday online satisfaction report this morning, which rates the top e-retailer websites in 2012. This year’s newly expanded list puts Amazon.com again at the top, while Apple, Dell, and JCPenney.com all slid down in customer rankings. Previously, ForeSee measured data on...
Amazon Sees Its Biggest Holiday Season Ever, Tops Online Shopping Survey While Apple, Dell & JCP Decline
Why Fab.com Dominates Social Media Commerce While Other Brands Struggle

JCPenney ad apologizes for changes made by former CEO Ron Johnson

appleinsider.com
A TV ad released this week by JCPenney asks customers to "come back" to the department store, alluding to heavy losses suffered from sweeping changes made by ousted CEO and former Apple executive Ron Johnson.    ...
JCPenney ad apologizes for changes made by former CEO Ron Johnson

Associate Tells Us Why She Hates JCPenney's New Mobile Checkout System

www.businessinsider.com
JCPenney is switching over to mobile checkouts, but not everyone is as happy about the changes as CEO Ron Johnson. Johnson is a big fan of using iPads and iPods over the traditional cash register, and so, he's working on phasing out the old technology. Eventually, the vacated cash register space will...
Associate Tells Us Why She Hates JCPenney's New Mobile Checkout System

Former Apple SVP of Retail Ron Johnson reportedly ousted from JCPenney

appleinsider.com
According to reports on Monday, Ron Johnson was fired from his post as CEO of JCPenney, with Mike Ullman to retake the position.    ...
Former Apple SVP of Retail Ron Johnson reportedly ousted from JCPenney

JCPenney Workers Gave Free Discounts For Credit Until New Management Started Cracking Skulls

www.businessinsider.com
Credit is big in retail, and workers are under all kinds of pressure to hit their quotas. They have to find ways to give customers incentives to apply for credit, such as offering a discount. It was no different at JCPenney, but with former Apple retail chief Ron Johnson now...
JCPenney Workers Gave Free Discounts For Credit Until New Management Started Cracking Skulls

RON JOHNSON: Everyday Pricing Will Work At JCPenney -- Just Look At Walmart

www.businessinsider.com
Of all his strategic moves, JCPenney CEO Ron Johnson has been particularly staunch in defending his pricing strategy. He wants to turn JCPenney into a retailer that offers every day prices -- not constant discounts and sales.  The strategy has its share of detractors, who point to discounting as a traffic...
RON JOHNSON: Everyday Pricing Will Work At JCPenney -- Just Look At Walmart

JCPenney CEO Ron Johnson Reveals One Important Thing He Learned From Steve Jobs

www.businessinsider.com
JCPenney CEO and former Apple retail chief Ron Johnson was interviewed at Fortune's Brainstorm Tech conference in Aspen this week. He revealed a great little tidbit about what he learned from his former boss, the late Steve Jobs, on the importance of design and its impact on customers. Take it...
JCPenney CEO Ron Johnson Reveals One Important Thing He Learned From Steve Jobs

Meet John Browett, Apple's New Retail Guru (AAPL)

www.businessinsider.com
Apple is finally ready to introduce the world to its new head of retail operations, John Browett. Browett was hired back in January to be Apple's senior vice president of retail, replacing Ron Johnson, the architect behind Apple's retail store strategy who left to become CEO of JCPenney last year....
Meet John Browett, Apple's New Retail Guru (AAPL)
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