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Ron Johnson

A collection of news and information related to Ron Johnson published by this site and its partners.

Top Ron Johnson Articles

Displaying items 12-22
  • 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...
  • Office Depot narrows CEO search to five candidates

    Office Depot narrows CEO search to five candidates
    Office Depot's 1,700 employees in Boca Raton may soon know who their new boss is. Office Depot and OfficeMax, which agreed to a $1.2 billion merger in February, said Monday that it has narrowed down its selection to five candidates of a new chief...
  • 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...
  • Bill Ackman steps down from J.C. Penney board

    Boardroom brawling at J.C. Penney Co. has claimed its latest casualty: activist investor Bill Ackman, who stepped down as a director after publicly voicing concerns about the struggling retailer's chief executive and chairman. The department store chain...
  • J.C. Penney earnings worse than expected, but hope endures

    J.C. Penney Co. on Tuesday reported yet another round of dismal quarterly earnings, disappointing Wall Street as the struggling retailer pushes through yet another turnaround effort pocked by infighting and investor concern. In its second quarter (the...
  • J.C. Penney loss widens as revenue falls 12%

    J.C. Penney Co. on Tuesday reported yet another round of dismal quarterly earnings, disappointing Wall Street as the struggling retailer pushes through a turnaround effort pocked by infighting and investor concern. In its second quarter, which ended...
  • J.C. Penney defends itself amid financing speculation

    J.C. Penney publicly defended its trajectory Thursday after watching its stock plunge amid speculation that it needed another financing boost. In a statement, the retailer said it is “pleased with its progress thus far in the company’s...
  • Shoe firm Sanuk to open first company-owned store, in Santa Monica

    Shoe firm Sanuk to open first company-owned store, in Santa Monica
    Sanuk, the Irvine footwear firm known for selling its quirky sandals in surf specialty shops, is coming to beachy Santa Monica this week with its first-ever company-owned store. The flagship shop on the Santa Monica Promenade opens Friday. The lo-fi...
  • Early Easter, chilly weather keep March retail sales growth slow

    Consumers shopping during a chilly March gave retail sales for the month a half-hearted push, with spending weighed down by the bitter weather, sequestration worries, ongoing economic weakness and an earlier Easter that shaved off a full selling day....
  • George Soros takes 7.9% stake in J.C. Penney, stock soars

    George Soros takes 7.9% stake in J.C. Penney, stock soars
    Billionaire financier George Soros seems to be showing faith in J.C. Penney’s chances at a turnaround, taking a 7.9% stake in the struggling retailer. The hedge fund titan bought nearly 17.4 million shares through his Soros Fund Management,...
  • J.C. Penney ad: 'What matters with mistakes is what we learn'

    J.C. Penney ad: 'What matters with mistakes is what we learn'
    J.C. Penney is pleading publicly for its customers to come back to its stores, releasing a new commercial apologizing for a jumble of changes instituted by recently ousted chief executive Ron Johnson. The 30-second video went live on YouTube, Facebook...