+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

JCPenney's Latest Ad Throws Out The One Thing Ron Johnson Successfully Changed

May 1, 2013, 22:56 IST

Ron Johnson's 16-month tenure as CEO of JCPenney is among the worst in retail history.

Advertisement

Sales declined 32 percent, customers left in droves, and the company burned through most of its cash.

While JCPenney's latest ad explicitly begs customers to come back, it also reveals the end of Johnson's rebranding efforts.

Johnson changed JCPenney's logo to read "jcp." This logo appeared in the company's ads, and in remodeled stores:

Daniel Goodman / Business Insider

Advertisement

According to Johnson, the new logo was meant to reflect that JCPenney was a simple, straightforward, and modern store.

Yet, the latest ad on the retailer's YouTube channel reads "jcpenney":

JCPenney/YouTube

Johnson alienated customers by eliminating JCPenney's popular promotions program. He tried to bring in young customers by hiring hip designers, but failed to follow through.

The company reverting back to "jcpenney" shows its done with Johnson's strategy for good.

Advertisement
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article