tag:blogger.com,1999:blog-4588709444841156892.post807366763986434527..comments2023-09-27T05:07:57.139-04:00Comments on The Dismal Political Economist: William Ackman, Major Fund Manager and Major Investor in J. C. Penney Wants to Replace the CEODavid Ricardohttp://www.blogger.com/profile/03733100135827552933noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4588709444841156892.post-12648064629429089662013-08-15T10:01:48.818-04:002013-08-15T10:01:48.818-04:00As a lifelong J.C. Penney customer I predicted the...As a lifelong J.C. Penney customer I predicted the problems Penney had under Ron Johnson. Unlike Mr. Johnson, I knew who my fellow customers were and what they wanted--decent merchandise at fair prices and not trendy stuff that would be out of style in a week. I'm sure many people also miss the Penney catalog since it was heir to the catalog shoppers jettisoned by Sears. No matter how much people shop by Internet, a paper catalog often precedes that shopping--almost 90% for me. And people like sales and shopping for a bargain. Look at e-Bay! I just hope J.C. Penney can find its way back from the ruinous Mr. Johnson, and please Mr. Ackman, just go away and shut up.Anonymousnoreply@blogger.com