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Ron Johnson

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  • J.C. Penney reports first holiday season sales growth since 2011

    J.C. Penney Co., the retailer attempting a return to glory using deep discounts and Super Bowl tweets typed with mittens, said its holiday sales grew last year for the first time since 2011. The Plano, Texas, company said sales at stores open at least a...

    Caterpillar digs in at hearing on taxes: 'We pay everything we owe'

    Caterpillar digs in at hearing on taxes: 'We pay everything we owe'
    WASHINGTON — Since 1999, Caterpillar Inc. has routed most of the profits from its foreign replacement parts business through an affiliate in Switzerland that employs a small fraction of the company's 118,000 workers and has no warehouses. The...

    Ackman out at J.C. Penney after spat over CEO, chairman

    J.C. Penney’s turmoil at the top continued Tuesday as activist investor Bill Ackman stepped down from the board following a public disagreement over the struggling retailer’s choice of chief executive and chairman. Ackman, whose Pershing...

    J.C. Penney scuffle: Ackman calls for ouster of Chairman Engibous

    Activist investor Bill Ackman and the board of J.C. Penney Co. are disagreeing -- very publicly -- about who should head the struggling retailer. Ackman and the department store chain exchanged a volley of letters and statements this week, squabbling...