Struggling retailer J.C. Penney is on the hunt for a new CEO. CNBC's Courtney Reagan and Scott Wapner discuss.
Allen Questrom, the former CEO of J.C. Penney, shredded current CEO Ron Johnson for what he has done to the struggling department store chain in an interview with CNBC's Scott Wapner today. Questrom is a legend in the retail world. His career included jobs running JCPenney, Neiman Marcus, and Barneys. He totally disapproves of what's happening at J.C. Penney and he let the world know it in colorful language