Ron Johnson, J.C. Penney
Enough with remodeling your stores, Ron — just remodel yourself!
Johnson gave his best song and dance, but J.C. Penney (NYSE:JCP) customers still didn’t believe him when he claimed they didn’t need sales. Unfortunately, nature — and a comb-over — already was set against him.
The store is giving out free haircuts to kids in an attempt to fuel a turnaround — why not have Johnson plop down in the barber’s stool and take one for the stock?