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Former JCPenney CEO Ron Johnson’s Enjoy Technology files for bankruptcy

Summary by Ground News

Enjoy operates what it calls mobile retail stores that help consumers buy and set up technology gadgets in their homes. The Palo Alto-based company, which was founded in 2014, has struggled to raise the capital needed to fund its operations. Enjoy has begun dismissing more than 400 UK-based employees, or roughly 18% of its total workforce, in connection with the bankruptcy.

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Former JCPenney CEO Ron Johnson’s Enjoy Technology files for bankruptcy

Johnson tried to reinvent JCPenney during his time as CEO from 2011 to 2013.

3 years ago·Dallas, United States

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Dallas News broke the news in Dallas, United States 3 years ago on Friday, July 1, 2022.

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