Cramer: A 'Penney' Saved?

Will JC Penney's new CEO, Ron Johnson be able to turnaround the ailing retailer? Mad Money's Jim Cramer, says it will take at least 18 months for this company to get better.

CNBC | January 23, 2012

Tags:. .penney. .turnaround. .ailing. .ceo. .retailer