Tag - Ron Johnson
Former Apple retail chief Ron Johnson, along with his former Apple colleague Jerry McDougal and former Apple creative director Tom Suiter have teamed up in a new retail-oriented startup endeavor called Enjoy, promising to help consumers spend more wisely instead of just aiming for the cheapest price. The company, which launches next year, will help consumers make smarter choices on buying, such as educating shoppers on the finer points of a camera to promote the best overall value.
Former Apple retail head and later JC Penney CEO Ron Johnson is working on a "high-end, on-demand delivery service" for gadgets, says The Information, citing sources in contact with him. Johnson has allegedly recruited some other former Apple workers, including ex-VP Jerry McDougal. McDougal left Apple at the beginning of 2013; Johnson left JC Penney roughly three months later.
Former Apple retail boss Ron Johnson is leaving department store chain JCPenney, fired after his plan to remake the venerable business in an effort to update to 21st century buying habits failed to win over customers. Johnson, who put the brakes on endless sales in favor of everyday low prices and remodelled stores to have "store within a store" concepts for major brands, will be succeeded by his predecessor, Mike Ullman. Johnson left Apple in late 2011 to revitalize the chain, but the 111-year-old company has posted losses for the last six quarters.
The labor situation in Apple Stores is still in a rough state, despite promises by the company, according to sources for ifoAppleStore. For example, contrary to statements by Apple retail head John Browett, workers were recently laid off or fired, but later just rehired -- and while interstore transfers are now going through, demotions aren't being reversed, overtime is still limited, and managers are assigning minimum hours to part-timers. Apple is thought to be trying several methods of maximizing retail profits, including changing how worker performance is rated.
Apple CEO Tim Cook was the highest-paid CEO of 2011, according to a study released by the Hay Group and the Wall Street Journal. Cook's package for the year was valued at $378 million, although most of it is locked up in the form of stock grants issued after he took control from Steve Jobs in August. The first half of the shares will vest in 2016; the remainder will follow in 2021, contingent on Cook staying with Apple.
As a part of a management expansion, JC Penney has hired a core member of Apple's retail design staff, Benjamin Fay, as its new executive VP of real estate, store design and development. The press release contains a statement from JCP CEO Ron Johnson, who was long the head of Apple's retail division until he left last November. "Ben is an incredibly creative professional with extraordinary leadership skills. Having worked with him over the last 12 years, I am delighted to see Ben step into this new role at jcp," the quote reads. "His design influence has made the Apple stores highly regarded retail destinations around the world, and I am excited to have Ben place his own mark on jcp as we re-imagine the jcpenney store of the future."
In all Apple CEO Tim Cook pulled in about $378 million in 2011, even if most of that money won't be available to him for years, according to the New York Times. The bulk, $376.2 million, consisted of a one-time stock grant that won't vest unless Cook stays with Apple for 10 years. In terms of immediate pay, his combined salary, bonuses, and miscellaneous perks during the year amounted to $1.8 million.
Former Apple head of retail Ron Johnson, now CEO of JC Penney, has had to defend one of his first decisions in the face of an online campaign to force the company to abandon its new spokesperson, comic and talk show host Ellen DeGeneres. Accusing the company of "jumping on the pro-gay bandwagon" by hiring DeGeneres, who is an open lesbian, the 40,000-member group "One Million Moms" posted a note on Facebook and called on its members to call the retail chain.
The success of Apple Stores is attributable to more than just their products, claims JC Penney CEO Ron Johnson in a Harvard Business Review column and a related interview. Formerly Apple's senior VP of retail, Johnson credits "the experience" he helped to manufacture. "People come to the Apple Store for the experience -- and theyíre willing to pay a premium for that," he writes. "There are lots of components to that experience, but maybe the most important -- and this is something that can translate to any retailer -- is that the staff isn't focused on selling stuff, it's focused on building relationships and trying to make peopleís lives better. That may sound hokey, but itís true."
Ron Johnson has now officially left his post as the head of Apple's retail division, but with no known successor, reports note. Today marks the start of Johnson's new position as the CEO of retailer JC Penney. Accordingly, a listing for Johnson has been newly removed from Apple's Executive Profiles page.
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Seagate 3TB unreliability suit expands
The Seagate 3TB class-action hard drive lawsuit has been expanded to more devices. The expanded suit, filed today, now includes Seagate's Barracuda 3TB Hard Disk Drive,¬†Desktop HDD 3TB, Backup Plus 3TB External Hard Disk¬†Drive,¬†GoFlex 3TB External Hard Disk Drive, or any other Seagate hard drive with model number ST3000DM001. The law firm, Hagens Berman, is seeking information from consumers such as time in service, purchase price, and the nature of any drive received in return from Seagate as a replacement for a failed unit. http://bit.ly/1Pc34Cq