JCPenney Coupons and the CEO: Only One Can Survive
No more coupons, no more customers? Given department store JCPenney’s dismal performance since doing away with discounts and coupons, might CEO Ron Johnson consider bringing back coupons? “No,” he says. Ok, might JCPenney consider doing away with its CEO then? “Yes,” says one retail analyst. The company’s credit rating retreated further into junk status this week, as it laid off[Read More…]
