Apple, Inc.

PLANO, Texas  — JCPenney said Tuesday that its veteran marketing chief Mike Boylson has retired from the company. His successor will be selected by newly minted CEO Ron Johnson in what will be the former Apple executive’s first senior-level appointment at JCPenney.

Boylson was with the department store chain for more than three decades, the last eight years as chief marketing officer. He said in June he would retire from the company on July 1, according to a JCPenney spokeswoman.

Plano, Texas -- J.C. Penney Co. said Tuesday that its veteran marketing chief Mike Boylson has retired from the company. His successor will be selected by newly minted CEO Ron Johnson in what will be the former Apple executive’s first senior-level appointment at J.C. Penney.

Boylson was with the department store chain for more than three decades, the last eight years as chief marketing officer. He said in June he would retire from the company on July 1, according to a J.C. Penney spokeswoman.

New York City -- Tourneau opened a new concept store in Manhattan. The 3,135-sq.-ft. space offers a dramatic departure from traditional jewelry and watch stores in that it does not have counters. Instead, it features a series of long tables in the main showroom that can be approached from all sides.

Tourneau employees, equipped with iPads in hand, unlock the cases when customers want to look at a watch.

The new store was created by San Francisco-based architecture firm Eight Inc., which has also worked on the Apple stores.
 

Apple runs a really tight ship. That’s the takeaway of a recent Wall Street Journal article that used confidential Apple store training materials and interviews with current and former store associates to provide a behind-the-scenes look at the tech-giant’s store operations. Among the interesting details: Apple’s annual retail sales per square foot stand at an astounding $4,406.

Here are some other interesting insights from the article:

By Brad Tuckman, ksckreate.com

Walmart attracted nearly 33.6 million unique visitors to its website in May, earning the company the 29th spot on comScore’s monthly ranking of the top 50 U.S. web properties. That sounds like a lot of traffic, but 7th ranked Amazon.com drew nearly three times that level with 94.9 million unique visitors. Other notable, retail-oriented companies and their rank included 13th ranked Apple, with 70.3 million unique visitors, 14th ranked eBay, with 67.2 million unique visitors and 20th ranked Craigslist, with 51.8 million unique visitors.

By Glenn Brill, glenn.brill@fticonsulting.com

The recent announcement that Ron Johnson of Apple will become J. C. Penny’s new chief executive is a clear indication of the need for many retailers to revitalize the shopping experience. It is also a clarion call and symbolic of the challenge to mall owners, developers, and investors to create and/or revitalize shopping environments that can effectively complement and promote a retailer’s brand.

New York City -- Do you think Apple retail guru Ron Johnson will transform J.C. Penney Co.?

Click here to register your opinion with the Chain Store Age poll.