5 big retailers that need CEOs

Major retailers including JC Penney, Dollar General and American Eagle are looking for their next leaders, after unplanned departures and other shake-ups.

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VIDEO ON MSN MONEY

62Comments
Aug 1, 2014 9:03AM
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Yes. Just what every company needs: a clueless pretty boy in a suit who does nothing but collect a huge salary, and lay people off who actually NEED a job.  
Jul 31, 2014 7:15PM
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THE  United States of America is in desperate need of an Effective  C E O

Someone that knows Business, Foreign Relations, and Bi-Partisan leadership
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Sadly JCP has been so damaged it may take more than any one CEO can do to get it working again. Same with KMart/Sears after being run into the ground. As long as CEOs get paid no matter if the company fails or succeeds they're not going to give a damn either way as long as they see the bonuses keep coming.
Aug 14, 2014 8:21AM
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Dollar General would do better if they had managers who worked with employees to keep the stores cleaner and who were not always taking personal calls. No one , no matter how low income wants to shop in a dirty store, or feel like they are second class because someone is on the phone
Aug 14, 2014 9:55AM
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This is the problem with CEO's.. most of the time they are not working the sales floor and don't really know what works and doesn't work.  Take JC Penney for example:  the store looks amazing, but for the worker having to bend down all day and use the computers under the desk is so ridiculous.  When a worker doesn't like their atmosphere it reflects on the customers.  I used to work in retail and I can tell you there are so many things I would change that would help with the customer.  No one likes to shop in a store where the racks are so full you can't even look through the items.  I don't mind employees with tattoos or piercings, but chewing gum, talking on the phone are another thing.  Lets put more chairs and sitting areas for older adults who want to rest while their kids look around.  These little things all add up to a lot of lost sales during the year.  And the most ridiculous is at Sears....what is your e-mail? do you belong to kids club? do you want to add another phone number?  Come on...ring my stuff up and let me out of here.  I hate all of the coupons.  They are only good for something that you are never going to purchase!!!  I want to be a CEO just for a while and see if plain old fashioned CUSTOMER SERVICE is what is really missing.  :)
Aug 14, 2014 8:10AM
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What these companies need is someone to run them where they will make the workers (lowest paid worker to the high paid CEO)  work instead of always being on their cell phones.  The workers need to be properly trained so they can help the customer and the CEO needs to quit being so greedy and quit trying to be a millionaire within the first 6 months on the job.  
Aug 10, 2014 8:45AM
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I believe in selling everything American as much as possible, so guess that they are not interested in me.
Jul 31, 2014 6:46PM
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Those mean old nasty CEO's.  They make to much money and they are wrecking our economy because their taking all the money away from  us.  That's not fair!  Good grief MSN make up your mind.  Love em or hate em.
Aug 10, 2014 11:17AM
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People think because they went to College that they are Smart. They may be Smart but they have NO COMMON SENSE.

PROOF Look at Washington DC. All or Most went to College and All or MOST have NO COMMON SENSE. Especially our Presidenta.

The Only Sense they worry about is the CENT'S that fill their Pockets. MONEY.

Why won't Obama release His college Transcripts?  Just ;like his Birth certificate, I watch a Thing a Few year ago about the Illegals who come across and with in 6 Hrs. they have a Birth certificate, Social Security  Card, And a drivers licenses. I don't trust this guy, Obama and Holder are Arrogant, Liars, Both Can't be Trusted as far as I can Throw Them.

 How come the News Media never picked up on Where the $750,000. Went?   Mark Rich gave to Holder for his Pardon when Clinton was leaving office? By the Way Rich got his Pardon But Never Paid the Taxes that he owed. He died here about 9 Months ago. Here is a Guy who owed Millions Of Unpaid Taxes, and The Democrats are always Raising OUR TAXES, Why don't they make their Friends pay their Taxes ,Like Charlie Rangel, Tim Geithner,

Aug 10, 2014 3:43PM
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Notice how MSN will not let you comment on almost all the articles it has now. Well I guess they just could not stand the truth how bad they really sux. I guess they could not stand the criticism from most of the people. Now they can print all the garbage they want and no one will bruise their feelings. This will probably be last time i go to this site but they really don't care because they no longer have a following anyway.
Aug 10, 2014 4:33AM
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You'll hear comments from those criticizing anyone who questions what most CEO's make even those obviously incompetent ones like those in this article. Yes a CEO like the one for J.C. Penney who was paid ten's of millions of dollars and nearly bankrupted the company was over paid. How bright can someone be that defends the massive pay of someone like that who also argues that minimum wage is all anyone without a degree is worth? There are brilliant CEO's like Bezos worth mega bucks but the average CEO does nothing a good middle manager can do. If people argue that employee's should only be paid what they're worth why doesn't that apply to CEO's?
Aug 10, 2014 6:47PM
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I'll take the job with a $40million gold parachute deal. I screw it up that much more and leave in a year ready to retire!
Jul 31, 2014 8:28PM
Aug 14, 2014 9:03AM
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I may be wrong; but these guys have perfect jobs.  All the authority, write your own checks, give all your buddies jobs, even if you are a miserable failure you get big bonuses and a golden parachute. They can leave the company in shambles and walk away rich men.  These are the kind of jobs that you only need one of in a lifetime.  

These are the very people who will condemn the welfare recipients for not working or holding jobs. Their claim is that the ones on welfare are leaches on society.  They probably don't have mirrors in their big offices.  No wait, they are to much in love with themselves, they probably have dozens of full length mirrors.  They just can't see their own faults and greed as problems.
Aug 14, 2014 10:30AM
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Best Buy needs a new CEO as well. Hubert Jolie is running the company into the ground. He 'turned' TGI FRIDAYS around, they lost $$$$ under his interim. When he left, they changed back to what they were before he came aboard.
Aug 14, 2014 9:29AM
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Every forum has become a bash fest................if you have political points to make.........do it elsewhere.......
Aug 14, 2014 12:19PM
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You said it, Wes rowlands,

I said this back in the 1980s when this started to become a problem, and everybody pooh-poohed the idea. Used to be there was ONE CEO in a big company who stayed on for YEARS, MAYBE two if the first one got sick, died or retired.

NOW, they're in and out in 2 or 3 years [if THAT] AND they get their bonuses whether they helped the company or have RUN IT INTO THE GROUND.

PAY these idiots based on performance in their particular sectors [NOT according to a stupid stock price where THEY and THEIR CRONIES BENEFIT].

Also, LIKE THE REST OF US, NO multi-million dollar bonuses until they reach the retirement age of 65.  If 65 is good enough for US, it should be good enough for THEM

Aug 14, 2014 4:54AM
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Pennys has turned into a piece of Sh_t!!!!!!
Aug 14, 2014 3:29PM
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I'm thinking WalMart needs an over haul on management to. Especially in their local stores.


Aug 14, 2014 10:24AM
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An honest person will not prosper in a world that is powered mainly by lies, deceit, manipulation and greed. A present day Bachelors degree is equivalent to or less than an Associate's degree from yesteryear and as many people have stated, does not include common sense, people skills and/or 'positive' work ethics. Governments and big business, especially in America, thrive on the "Peter Principle".
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