J.C. Penney Ousts Johnson as CEO; Ullman Replaces

J.C. Penney Ousts Johnson as CEO; Ullman Replaces Play

April 8 (Bloomberg) -- J.C. Penney ousted CEO Ron Johnson and reinstated his predecessor, Myron E. Ullman III, as the department-store chain works to rebound from declining sales. Sheila Dharmarajan reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

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