Ron Johnson, the new Chairman and CEO of J.C. Penney had an epiphany when he worked for Steve Jobs at Apple. He was planning the first Apple store, according to Walter Isaacson's chronicle of Steve Jobs (2011, Simon & Schuster 630pp), when he suddenly woke up to the fact that he did not want to sell Apple products arranged by classifications, but rather by lifestyle.

That is a clue to what is happening now in J.C. Penney stores. They will, in the next few years, transform into lifestyle stores.

hhgregg this week will hold grand openings for ten new stores in South Florida on Thursday. The new stores will bring the company's Florida store count to 33.

More Blogs