JC Penney's CEO Is Leaving

Entertainment (now) 2018-05-23

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JC Penney's stock price has recently fell.
The stock dropped as much as 8% following the news
that CEO Marvin Ellison would be leaving the company for home-improvement retailer Lowe's.
Analysts say his departure could signal a lack of confidence
in JC Penney and in department stores in general.
Along with the growing move to internet retail.

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