"Mr. Johnson imposed his strategy without first testing his ideas on a small scale in a few locations to see how consumers respond, and perhaps his hubris is exceeded only by President Obama and his planners." — Wall Street Journal editorial, J.C. Penney and Politics, April 13, 2013.
"don't buy the narrative that Mr. Johnson was done in by his hubris and cluelessness about retail...One indictment of Mr. Johnson concerns his failure to test-market Penney's new 'no-discount' policy. But this would have been to concede defeat at the starting line." — Holman Jenkins column, Wall Street Journal editorial page, April 16, 2013.
From my outsider's perspective the Jenkins column gets closer to the truth of the matter than the editorial does, but it's unusual to see a staff columnist at the Journal openly telling readers not to buy the narrative advanced by an editorial that ran in the paper three days earlier. That's not a criticism: the Journal should probably get some credit for running an operation open to a variety of views rather than imposing conformity.