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HSN chief Grossman was in talks to head JCPenney, report says

HSN Inc. chief executive officer Mindy Grossman was in serious negotiations to take over J.C. Penney Co, the Wall Street Journal reported, but the talks failed to reach agreement.

Neither Penney nor Grossman was available for comment, the Journal said Sunday, adding that the retailer will continue a search for a successor to current chief executive Myron "Mike" Ullman.

Reports last month suggested that Grossman, who has run St. Petersburg-based HSN since 2006, was a candidate for the top job at Target.

Representatives for Penney and Grossman declined to comment on the Journal report.

HSN chief Grossman was in talks to head JCPenney, report says 07/14/14 [Last modified: Monday, July 14, 2014 11:21am]
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