Description: Ron Johnson, who helped turn Apple Inc. (AAPL) into a retail star with flashy big-city stores, now faces the challenge of conjuring up similar buzz around 109-year-old retailer J.C. Penney Co.
Source: Bloomberg.com
Date: 06/15/2011
Questions for discussion:
- Why did the stock rise in value so dramatically?
- Do you think it was justified?
- Would you be an investor in J.C. Penney?
Leave a Reply