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JC Penney's board made the "right choice" in bringing back Mike Ullman as CEO to try to save the company, but "I worry," Jim Cramer said Tuesday, a day after the ouster of Ron Johnson.
CNBC's Courtney Reagan reports the latest details on the departure of JC Penney CEO Ron Johnson. Brian Nagel, Oppenheimer analyst, discusses how the transition in leadership is impacting the stock.
The "Squawk on the Street" news team reports on today's top business headlines, including the ousting of JC Penney's Ron Johnson and what's at stake for hedge fund manager Bill Ackman.
Steve Bertoni, Forbes associate editor, provides perspective on the change in leadership at JC Penney; the future of the retailer; and hedge fund manager Bill Ackman's stake in the company.
CNBC's Scott Wapner and Courtney Reagan have the latest details on the management swap at JC Penney. And, Henry Blodget, Business Insider; and Alec Young, S&P Capital IQ, weigh in on whether the change in leadership will impact the stock.
Ron Johnson is out as CEO of JC Penney, and replaced with former leader, Mike Ullman. Will the switch help turn the struggling retailer turnaround? Jeffrey Sonnenfeld, Yale University School of Management, discusses.
Will a change in leadership at JC Penney help the retailer get their core customers back in the store? Dana Telsey, Telsey Advisory Group, discusses the company's future with former chief Mike Ullman now at the helm.
Discussing the exit of JC Penney's CEO Ron Johnson and the stock's slumpd decline under his leadership, with Stacey Widlitz of S.W. Retail Advisors.
JC Penney has big questions to answer following the departure of CEO Ron Johnson, Macquarie Capital's Liz Dunn says.
Discussing just how JC Penney can move forward amid a management shake-up, with Liz Dunn, Macquarie Capital and CNBC's Scott Wapner. Also, Michael Burns, Lions Gate Chairman, discusses the season premiere of "Mad Men."
Mike Ullman is named the interim CEO of JC Penney, reports CNBC's Scott Wapner. The press release says Johnson is "stepping down."
According to sources, Ron Johnson is no longer the CEO of JC Penney, with the Fast Money traders and CNBC's Courtney Reagan.
JC Penney CEO Ron Johnson is out and Mike Ullman will rejoin the company as CEO, receiving an annual base salary of $1 million.
CNBC's Scott Wapner reports according to a source, Ron Johnson is no longer the CEO of JC Penney.
Macy's and JC Penney continue to battle over who can sell Martha Stewart products in certain categories. Carter Worth, Oppenheimer, and Marc Lichtenfeld, The Oxford Club Association, discuss.
The retailers are back in court to battle over who has the right to sell certain categories of Martha Stewart branded products, reports CNBC's Courtney Reagan.
The FMHR crew have the trade on Whole Food's 52-week low. And, CNBC's Courtney Reagan has the latest details on the legal battle between Macy's and JC Penney.
Isabel Cavill, senior retail analyst at Planet Retail, tells CNBC that freezing temperatures in Britain is hurting retailers as consumer trends change, meaning only the most flexible can thrive.
Both retailers are back in court over a battle to sell select Martha Stewart branded products, reports CNBC's Courtney Reagan.
CNBC's Courtney Reagan reports the legal battle continues between the two retailers for the right to sell the Martha Stewart brands.