Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

JCPenney: The Transformation

Discount Clothier to High-End Conglomerate
by

Jay Kalavapudi

on 19 November 2012

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of JCPenney: The Transformation

Can an Apple Executive transform a discount clothier into a High-End Retail Conglomerate? Who is Ron Johnson? Ron Johnson's record of retailing success makes him the ideal leader to fix JCP. Retail is an industry where the right leader can make a big impact: Drexler, Ulrich, Walton, Wexner, etc. New CEO of JCPenney (Nov. 2011) 1984-1999 2000-2011 2011-Present VP, Merchandising
Credited with transformation into 'Chic Discounter' Head of Apple Retail - Built from scratch into $18B business CEO - Vision to completely transform JCP Source: Pershing Square Capital MGT Report 5-16-2012 The JCPenney Environment Adressing the P's of Marketing rice romotion roduct resentation lace ersonality Source: Pershing Square Capital MGT Report 5-16-2012 Marketing Problem
how to communicate transformation? Executing the creation of a new JCPenney... Create a New Logo Positioning Hire a Company
Spokesperson For American Families, JCPenney is America's favorite shopping destination that all style savvy shoppers should experience because of its compelling merchandise and brand partnerships Positioning and Branding Revamp Ad Campaigns Before Strategy Change (2011) 1 3 Fair and Square - Ellen Degeneres (March 2012) 5 JCP Brand Launches
(Oct 2012) Analyzing the Numbers... Evaluating the Strategy Can an Apple Executive transform a discount clothier into a High-End Retail Conglomerate? JCP: Extracting some juice from Apple... MGMT-E6000: Group Presentation (Fall 2012) Rob Lund
Cullen Schmitt
Ravi Vedala
Rick Nelson
Jay Kalavapudi Pricing Strategy The Verdict is still out... Test Effectiveness of Marketing Strategy Thanksgiving
Black Friday
Christmas Season Either Way... Immense Success Epic Failure What we know about Johnson - Highly capable and accomplished

- Heavily vested in company

- Willing to admit mistakes


- Shown ability to make changes on the fly Sale vs. Month-long value
Fired CMO $50 million of his own money Success at Target and Apple speaks volumes Logo, In-store setup, Pricing, Advertising Crucial Period: Holiday Season Measure effectiveness
Raw Sales
Profitability/Stock Price
People in Stores Stay the course? Patience of stakeholders we will be talking about it for years to come. (Is the “Apple Retail” model working?) New strategy begins… $2.927 $3,022 $3,152 $5,425 $3,986 $3,906 $3,943 ? 27% 23% 20% Source: Public Filings with the SEC. (Is the “Apple Retail” model working?) FY2012 TD
−$339M FY2011
$207M $241 $122 $138 $(203) $(81) $(55) $45 $38 $41 $83 Source: Public Filings with the SEC. Why is it (not) working?
Full transcript