Attention JC Penney shoppers: Meet the new boss. Same as the old boss.
The struggling department store chain parted ways with Chief Executive Ron Johnson, who failed to win over shoppers and investors with his everyday-low-price strategy, and on Monday rehired Johnson’s predecessor, former chief executive Myron Ullman, to revive the company.
via Business feed http://www.scmp.com/business/companies/article/1210553/jc-penney-ousts-boss-mike-ullman-returns-helm
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