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In the money: JC Penney says turnaround is "taking hold"

2013-11-21 18:15:00| Daily apparel & textile news and comment - from just-style.com

The turnaround of struggling department store chain JC Penney is beginning to take hold, according to CEO Mike Ullman. But the US-based retailer still has a lot more work to do if it is to see the light at the end of the tunnel any time soon.

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