J.C. Penney's new CEO begins making changes
NEW YORK — For 15 years, Ron Johnson worked at Target, where he pioneered the retailer's cheap chic image. Then he spent about a decade changing the way Americans shop for electronic gadgets at Apple . Now, the question is whether the 30-year retail veteran will strike creative genius a third time as CEO of J.C. Penney .
As part of a strategy announced last week, Penney is getting rid of the hundreds of s...
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