JC Penney went through a period where they did away with their perpetual “sale” and normalized their pricing. Their sales tanked as a result. Apparently a lot of people who shop there are idiots.
The former SVP of Apple Retail Ron Johnson, specifically. He actually thought the people who shopped at JC Penny were the same as the people who shopped at an Apple Store.
JC Penney went through a period where they did away with their perpetual “sale” and normalized their pricing. Their sales tanked as a result. Apparently a lot of people who shop there are idiots.
The former SVP of Apple Retail Ron Johnson, specifically. He actually thought the people who shopped at JC Penny were the same as the people who shopped at an Apple Store.