JCPenney, a well-known department store, has just gained a new CEO. The new CEO is Marvin Ellison and he plans to help JCPenney regain and surpass past profits. This is a positive move, especially for the loyal customers who were outraged in past years when a former CEO at the company tried to raise prices significantly. -AL
J.C. Penney has a new chief executive.
The department store chain said Monday that
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