The company launches an ad campaign admitting that it had made mistakes and asks customers to come back.
Apple's previous retail chief is no longer J.C. Penney's CEO and has been replaced by the company's former chief executive.
J.C. Penney CEO Ron Johnson, Apple's former retail chief, is reportedly looking to bring on a fellow former executive from his days at the tech company.
The man behind Apple retail stores, Ron Johnson, has been named president and CEO of J.C. Penney's 1,100 stores.
Angela Ahrendts, Apple's vice president of retail and online stores, says the retention rate at Apple Stores has reached its highest level yet.
Cyberattacks against the Nasdaq, J.C. Penney, and others led to "hundreds of millions of dollars" in losses, say federal prosecutors.
The company is searching for a new retail VP to replace Ron Johnson, who officially left earlier this month to head J.C. Penney, but finding someone with his expertise and instincts may be difficult.
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