Struggling retailer JC Penney has an idea to boost business: get rid of check-out counters. CEO Ron Johnson says the department store chain is replacing all its technology infrastructure with a new system that won't require clerks. Instead, shoppers will be able to use self-checkout machines, similar to those found in many grocery stores.
It's part of an effort to return the company to profitability. JC Penney is also planning to replace traditional bar codes on price tags with high-tech radio frequency identification, or "RFID," chips to make purchases faster.
Johnson told "Fortune" he hopes to phase out checkout counters by 2014.
Rescue crews are working through the night after a monstrous tornado barreled through the Oklahoma City suburbs, demolishing an elementary school and reducing homes to piles of splintered wood.More >>
Emergency crews searched the broken remnants of an Oklahoma City suburb Tuesday for survivors of a massive tornado that flattened homes and demolished an elementary school. At least 24 people were killed, including at least...More >>
Tuesday, May 21 2013 11:56 AM EDT2013-05-21 15:56:21 GMT
Two real estate investors have been sentenced to nearly two years in prison for bid rigging at public foreclosure auctions and mail fraud. Department of Justice officials said Monday that Jason Brannon,More >>
Two real estate investors have been sentenced to nearly two years in prison for bid rigging at public foreclosure auctions and mail fraud.More >>
Tuesday, May 21 2013 11:50 AM EDT2013-05-21 15:50:12 GMT
The Turtle Travels exhibit at the Imagination Place Children's Museum in Gadsden will wow you and your children. It's 3000-square-feet of turtle information complete with a Critter Cam. Here's some informationMore >>
The Turtle Travels exhibit at the Imagination Place Children's Museum in Gadsden will wow you and your children. It's 3000-square-feet of turtle information complete with a Critter Cam.More >>
Tuesday, May 21 2013 11:38 AM EDT2013-05-21 15:38:01 GMT
Walter Maddox, mayor of the city of Tuscaloosa, is the new president of the Alabama League of Municipalities. Maddox was elected during the League's annual convention in Montgomery. Maddox is in his secondMore >>
Tuesday, May 21 2013 11:26 AM EDT2013-05-21 15:26:50 GMT
Monetary donations are encouraged by The Salvation Army to help the people affected by tornadoes in Oklahoma. The money will be used to purchase specific needs for the areas rather than items or suppliesMore >>
As soon as I saw the tornado warnings on TV, I had to leave the office right away. I had photographed about a dozen tornados in my decade in Oklahoma and if I didn't get into my car before the funnel cloud swept...More >>
I left the office in Oklahoma City as soon as I saw the tornado warnings on TV. I had photographed about a dozen twisters in the past decade, and knew that if I didn't get in my car before the funnel cloud hit, it would...More >>