J.C. Penney High-Flying Execs Seen Hampering Revamp
March 20 (Bloomberg) -- J.C. Penney CEO Ron Johnson, who is struggling to overhaul the department-store company, risks making his task harder by hiring at least nine key executives who live a plane ride away. Sapna Maheshwari reports on Bloomberg Television's "Bloomberg Rewind." (Source: Bloomberg)
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