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Re:Amazon Has Considered Buying Some Toys ‘R’ Us Stores by fullshark on Tuesday March 20, 2018 @12:34PM (#16630124)
He almost destroyed JC Penney
Re:Amazon Has Considered Buying Some Toys ‘R’ Us Stores by kirykl on Tuesday March 20, 2018 @01:49PM (#16630860)
JC Penney had failed before they brought him in. It's now just slowly dying. They've even had to sell off their HQ http://fortune.com/2017/01/03/jcpenney-headquarters-debt/
Re:Amazon Has Considered Buying Some Toys ‘R’ Us Stores by fullshark on Tuesday March 20, 2018 @06:13PM (#16633235)
Perhaps, but there was almost no positive returns from his ideas there. He seemed to fundamentally misunderstand the JC Penney customer. I don't think it was a case of abandoning a good plan due to lack of patience, the entire strategy (eliminate sales, make it like a mini mall with its own sub stores) seemed ill conceived and was a disaster.