Rachel Menken: I’m not interested in housewives.
Don Draper: What kind of people do you want?
Rachel Menken: I want your kind of people, Mr. Draper: people who don’t care about coupons, whether or not they can afford it.
Erica Ogg for GigaOm:
Ron Johnson is out as CEO of J.C. Penney. After less than two years on the job, it’s not quite clear what the next step would be for him. Luckily for him, it just so happens that Johnson’s former employer, Apple, has an opening for someone with his qualifications: SVP of Retail.
Yes, that’s Johnson’s old job, the one that he held for more than 10 years. And he was really, really good at it.
Sometimes you can go home again. This should probably be one of those times.
Great charts (as always) by Horace Dediu, based on Tim Cook’s comments at the 2013 Goldman Sachs conference yesterday. Just look at the top one. Insanity.
Jeffrey Trachtenberg for WSJ:
“In 10 years we’ll have 450 to 500 stores,” said Mitchell Klipper, chief executive of Barnes & Noble’s retail group, in an interview last week. The company operated 689 retail stores as of Jan. 23, along with a separate chain of 674 college stores.
It’s sort of crazy how poorly many once-powerful retail chains are doing — while Apple can’t build their stores fast enough. Just look at that chart in the story.