JC Penney News: JCPenney: Everyone’s Talking Sales Growth, But Did You See the Margins?

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J.C. Penney’s margins had stayed inline with those of Macy’s and Nordstrom as recently as mid-2011. However, the hire and quick step-down of CEO Ron Johnson left J.C. Penney with a half-finished, unpopular renovation strategy. So returned CEO Myron "Mike …

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