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Macy's CFO Slams J.C. Penney's Reinvention Plan

Filed under: Business BlitzMacy'sJCPenney

macys karen hoguet

All's fair in retail war.

Karen Hoguet took a swing at Ron Johnson's reinvention plan for J.C. Penney's at a conference on Wednesday.

The Macy's CFO completely scoffed at the idea that J.C. Penney's could "change retail" as we know it.

While Penney's is trying to succeed with shop-in-shops, Karen says:

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