Ron Johnson: the retail king’s quest for redemption

Ron Johnson’s spell at JCPenney, following his triumph at Apple, was a disaster. Now, his latest attempt to rescue his reputation has just crashed into bankruptcy.

Ron Johnson
Johnson’s great comeback vehicle has evaporated in the Spac bust”
(Image credit: © David Paul Morris/Bloomberg via Getty Images)

Apple Store inventor Ron Johnson is given to Zen-like aphorisms that slightly miss the mark – instructing employees, for instance, to “ruthlessly eliminate hurry”. It adds to a sense of mixed messages. Beneath his trademark Midwestern calm, a colleague once observed, is “a boiling cauldron” that has powered a career of extremes.

Fêted as a revolutionary retail genius at Apple, Johnson bombed from hero to zero during a disastrous 18-month run at JCPenney, which, a decade on, still makes the lists of great management cock-ups. Ever since, says the New York Observer, he’s “been on a quest for redemption”.

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Jane writes profiles for MoneyWeek and is city editor of The Week. A former British Society of Magazine Editors (BSME) editor of the year, she cut her teeth in journalism editing The Daily Telegraph’s Letters page and writing gossip for the London Evening Standard – while contributing to a kaleidoscopic range of business magazines including Personnel Today, Edge, Microscope, Computing, PC Business World, and Business & Finance.