Is J.C. Penney in Emergency Crisis?

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April 9 (Bloomberg) -- J.C. Penney made a radical break with tradition by hiring Silicon Valley wunderkind Ron Johnson as CEO. With Johnson gone, the chain may have to pursue even more radical options, such as selling itself. Author of "Running the Gauntlet" Jeff Hayzlett speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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