Shift in Strategy Helps J.C.Penney Stem Losses

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Aug. 21 (Bloomberg) -- J.C. Penney Co.’s widening loss and falling sales last quarter show that Chief Executive Officer Mike Ullman is still plagued by his predecessor’s missteps as the retailer prepares for the crucial holiday shopping season. Bloomberg's Julie Hyman reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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