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J.C. Penney names new CEO

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

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J.C. Penney has a new chief executive.

The department store chain said Monday that

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