Sir Terence Conran

Piers Morgan Chats With Penney CEO, But No Word on Floundering Makeover

The CNN host Piers Morgan heralded Ron Johnson, CEO of J.C. Penney, as the genius behind Apple stores who's now working his magic on J.C. Penney, ignoring the big, fat elephant in the room: Johnson's February makeover of the chain has so far flopped, sinking revenues and alienating shoppers.