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The Boston Globe

Business

J.C. Penney CEO’s challenge: Is it even fixable?

NEW YORK — There won’t be an easy fix for J.C. Penney — if it can be fixed at all.

As Mike Ullman takes the reins again less than two years after his departure, he faces a Herculean task to undo the mess left by chief executive Ron Johnson, who was ousted Monday. With the department store retailer in the middle of a disastrous overhaul that has driven away shoppers, the 66-year-old Ullman has to quickly figure out what parts of Johnson’s legacy to keep and what to trash.

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