Penney’s Bleeding Customers, Pizza Inn Recruits CEO From Yum!: Consumer Biz Update
The worse things look for J.C. Penney & Company’s embattled transformation, the better they look for its department store competitors who stand ready to provide its disgruntled customers with shopping experiences they might prefer. Macy’s (NYSE:M), especially, appears primed to ensure that its online sales keep moving on up while TJX Companies (NYSE:TJX) and Kohl’s Corporation (NYSE:KSS) are clearly benefitting as well.
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Pizza Inn (NASDAQ:PZZI) has chosen Randy Gier as its new Chief Executive, effective immediately. Gier moves to Pizza Inn from Yum! Brands (NYSE:YUM), where he was the previous Chief Marketing Officer.
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