ACKMAN: In The Future, Going Into A JCPenney Store Will Be Like Going Into An Apple Store
Last week, we asked Bill Ackman, the CEO of Pershing Square Capital Management, if he thought customers shopping at a JCPenney store in the future will have an experience reminiscent of going into an Apple store.
“I think the answer is ‘yes.’ What I mean by that is not that it’s going to be a beautiful glass box on Fifth Avenue. Although it will look a lot nicer than it does now,” Ackman said at the Harbor Investment Conference in Manhattan.