In case you didn’t get the memo, this Friday Ron Johnson, alongside his team of fashion experts, will launch Joe Fresh in their stores. The Joe Fresh brand is what Ron has been telling us we need all along. He convinced Bill Ackman to wear the attire to Pershing Square board meetings and now he’s going to dress America.
Starting Friday, the future of JCP shall be revealed, from the visionary himself RONALD “BUSINESS MAN” JOHNSON. The entire company, the employment of thousands and supply of cheap wares for millions of misers across the country depend, hinge even, on this one sweater.
BEHOLD:
The company has $685 million in debt maturing by 2017, with a burn rate of $1 billion per annum and $800 million in the bank.