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JCPenney Eliminates 350 More Jobs at “Leaner” Home Office

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Plano, TX—Saying that JCPenney’s “leaner and more simplified operating structure is fundamentally complete,” Ron Johnson, the retailer’s ceo, said today that another 350 employees would be eliminated from its headquarters here. “In April, we began right-sizing our headquarters from a people perspective to align our teams with JCPenney’s new business …

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JCPenney President Departs, CEO Johnson to Assume Duties

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People

Plano, TX—Michael Francis, the former Target chief marketing officer hired to help get the message out about JCPenney’s transformation, has left the company, JCPenney said Monday. Francis, who was president at JCPenney, left the company effective Monday. Chief executive officer Ron Johnson will assume Francis’ marketing, merchandising and sourcing duties. …

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JCPenney Eliminates Sales Commissions as Part of New Strategy

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Plano,TX—As JCPenney’s CEO Ron Johnson continues to roll out “transformative Fair and Square” changes in the department store, the latest casualty is apparently commissioned sales associates. Earlier this week the Dallas Morning News reported that sales associates in shoes, jewelry, salon, furniture and men’s suits were told they would no …

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JCPenney Adds Another Round of Top Executives

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People

Plano, TX—JCPenney announced Thursday another new round of top executive appointments–including another Apple veteran–to help steer the department store under its new “Fair and Square” strategy. “We are assembling a world-class leadership team that will come together and re-imagine a store experience that is not only exciting and relevant today, …