HSN CEO Mindy Grossman Turned Down J.C. Penney Slot

HSN CEO Mindy Grossman had a chance to become the head of J.C. Penney Co., but couldn’t come to terms with the troubled brick-and-mortar retailer, The Wall Street Journal reported Monday.


The headline on the story was “Penney CEO Search Drags On: Board Works Through Small Slate After HSN’s Mindy Grossman Turns Down Job.”

Mindy Grossman

Mindy Grossman

The Journal reported that Grossman had “advanced” talks to take the Penney job, but that those chats broke down “after both sides couldn’t agree on terms.”

As for Grossman, The Journal was very flattering to her. It said that Grossman, a former Nike executive, was “seen as a rising star.” In 2012, Grossman was approached by Avon Products about becoming its CEO, The Journal reported.

The financial paper also said that Grossman “is credited with crafting a more upscale image for the Home Shopping Network.” It’s HSN, dummies!

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3 Responses to “HSN CEO Mindy Grossman Turned Down J.C. Penney Slot”

  1. Lisa Says:

    I just saw this article and wondered if you did too- you did! I wonder if the real breakdown came from the fact that she has never operated brick and mortar? I hope JCP finds a qualified leader soon. I am rooting for them.

  2. Abigail Says:

    Wow, but, then again I shop at JC Penny more than HSN, close, and, has better quality items, not at all into the second Tier ‘stars’ that they have on day in and day out..

  3. Molly Says:

    It is amazing that Mindy gets this attention, she is not a great retailer but she is highly skilled as a self promoter. I will give her credit for common sense knowing she couldn’t handle and improve Penney’s. Problem is that the whole homeshopping industry is on its way out. It is a stale way of retailing and younger consumers don’t go for it. Give it another ten years and I doubt this form of merchandising will be around.

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