Penney's CEO: New pricing approach was right

02/6/2013 | Wall Street Journal, The

J.C. Penney's move away from promotional pricing to everyday low prices was the right move, despite the drop in sales, CEO Ron Johnson said in interviews this week. The department store, which has introduced new coupons in a nod to bargain hunters, expects to complete its shops-within-a-shop transformation in 2015.

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Wall Street Journal, The

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