Former Apple Retail SVP Ron Johnson fired from JCPenney

Former Apple Senior Vice President – and now former JCP Employee Ron Johnson has been left go by the company.  Mike Ullman to retake the position he left in 2011. This news was first reported by CNBC and then later verified by other multiple news sources. Now AppleScoop has gotten a report from a “reliable […]

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JC Penny shares sink on $203 million loss

“JC Penney’s stock tumbled 8% Friday in premarket trading, after the department store posted a $203 million loss for the third quarter,” Hibah Yousuf reports for CNN Money. “The retailer continues to struggle amid a massive overhaul effort. JC Penney’s loss amounted to 93 cents a share for the quarter, more than thirteen times worse than what analysts were expecting,” Yousuf […]

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