Shoppers walk into a JC Penney story in Plano, Texas, Tuesday, June 19, 2012. J.C. Penney’s shares are tumbling a day after the department store chain announced the sudden departure of Michael Francis, a former top Target executive brought in last October to help redefine Penney’s brand.
Michael Francis headed for the exit today at JCPenney after 9 short months with the company. Seems the "dream team" is showing some cracks. Mr. Francis …
Why Was Penney's Ron Johnson Fired? - As of February 2013, JCP’s stock price was down 46% on the year - And, as of April 2013, it has hit $14.50, down from the $42.68 when Johnson took over. How did this happen?
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