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JCPenney fires former Apple retail head Ron Johnson from CEO position

It is sad and disheartening that people rejected JCPenney’s “fair price” strategy,[^fn1] while they continue to get excited about saving “50% every day!” at places like Kohl’s.

[^fn1]: Instead of marking everything up and having constant sales that give the illusion of “savings”, JCPenney tried to set reasonable prices on items and just leave them there.