J.C. Penney Investors Worry Johnson's Exit Means New Makeover
J.C. Penney’s controversial CEO Ron Johnson has been ousted after less than two years on the job. The company’s revenue fell sharply last year as Johnson implemented his plan.
J.C. Penney’s controversial CEO Ron Johnson has been ousted after less than two years on the job. The company’s revenue fell sharply last year as Johnson implemented his plan.
Hooters, the original "breastaurant" chain, is feeling a bit over-the-hill, so it's giving itself an image makeover, starting with an irreverent new ad campaign focused on its owl mascot, and theoretically aimed at bringing in more Gen Yer's and women.
Macy's has set out to create another miracle on 34th Street with a $400 million revamp of its fabled flagship store in New York City. The planned makeover includes a new focus on upscale food with 22 eateries, and an emphasis on technology that reflects Macy's courtship of Generation Y.
The beauty business is undergoing a makeover at some of the nation's biggest retailers, as pharmacies and department stores go after shoppers in new and unconventional ways. Sears, CVS, Duane Reade and their cohorts are courting a business that has rebounded well from the recession despite the country's economic malaise.






