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Ackman: In the future, going into a JCPenney store will be like going into an Apple store

from Business Insider

Recently, Bill Ackman, CEO of Pershing Square Capital Management, was asked 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," said Ackman at the Harbor Investment Conference in Manhattan. more

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