You Searched For "Mike Ullman" and got 20 results
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1 min read
Flailing JC Penney Seeks To Raise $1 Billion
The Wall Street Journal reports that the company hired bankers at Blackstone for advice on how it c…
Max Nisen
1 min read
JCPenney Interim CEO Mike Ullman Had Almost No Time To Decide Whether He'd Take The Job
"You're already worried about what's going on there, you have new strategies that are in motion, yo…
Ashley Lutz
2 mins read
Why CEO Candidates Shouldn't Even Take An Interview With JCPenney
It's a harsh assessment, but there's no doubt the company is badly struggling. It's not clear that …
Max Nisen,Ashley Lutz
1 min read
HOWARD SCHULTZ: Ron Johnson's Tenure At JCPenney Was 'Tragic'
He emphasized that Ullman's decision to come back wasn't the easy thing to do: "This is not an easy…
Ashley Lutz
1 min read
ANALYST: Expect JCPenney To Go Private Soon
"You're already worried about what's going on there, you have new strategies that are in motion, yo…
Ashley Lutz
4 mins read
Former JCPenney CEO Mike Ullman Is Returning As Interim CEO
This release may contain forward-looking statements within the meaning of the Private Securities Li…
Aimee Groth
2 mins read
Bill Ackman Is Getting No Credit For The One Thing That's Working At JCPenney, And He Should
JCPenney's current leadership has admitted as much before too. Back in June Ullman said that even t…
Linette Lopez
2 mins read
It's Clear That JCPenney Is Doomed When All Its Core Customers Die
To review this morning's action — not even the power of rival hedge fund manager Kyle Bass revealin…
Linette Lopez
1 min read
REPORT: Ackman Is Going To End His Push To Replace JCPenney CEO Mike Ullman
His first letter on Thursday demanded that they replace JC Penney's interim CEO Mike Ullman in the …
Julia La Roche
1 min read
REPORT: Bill Ackman Says He'll Sell His JCPenney Stake If The Board Won't Let Him Replace The CEO
At a tense July 22 meeting, with Penney’s business still swooning, a source said Ackman demanded th…
Julia La Roche
1 min read
Bill Ackman Says He's Looking For A New JC Penney CEO And The Stock Is Ripping
What's more is Ackman writes that Allen Questrom, the former JCPenney CEO who was one of Johnson's …
Julia La Roche
1 min read
Here's Why Wall Street Doesn't Like The Return Of JCPenney's Old CEO
While Johnson erred on the side of changing too much too fast. Ullman is on the other, equally bad …
Max Nisen
5 mins read
Retail experts warn that JCPenney's new CEO may not be able to fix the company's massive problems
JCPenney's stock price rose more than 10% on the news. While investors were likely reassured that t…
Mary Hanbury
2 mins read
Ron Johnson is still haunting JCPenney 2 years after his departure
Ron Johnson took over the company in 2011 and announced an aggressive turnaround plan, which includ…
1 min read
JCPenney Is Bringing Back The Catalog
JCPenney CEO Mike Ullman said the company hopes the catalog will help the brand regain customers it…
2 mins read
How JCPenney's Merchandising Strategy Could Backfire
The department store is increasingly phasing out brand names for private labels, a move that could …
1 min read
JCPenney Names Home Depot Executive As Its Next CEO
"The board has completed its search for the right CEO to lead the next stage of JCPenney's growth,"…
Hayley Peterson
1 min read
JCPenney's New CEO Could Make The Brand Great Again
JCPenney has struggled to rebound since sales tumbled 32% last year. Despite interim CEO Mike Ullma…
1 min read
JCPenney's Brief Stock Surge Is Over And Now It's Tanking
In the meantime, JCPenney board member and former Saks CEO Stephen Sadove would be a "quick, highly…
Hayley Peterson
1 min read
Finally, Some Good News For JCPenney
CEO Mike Ullman said the gains show the company's turnaround is on track. The last time that JCPenn…