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Thursday, April 11, 2013

J.C. Penney to Revive Coupon Now Johnson Out, Ackman Says

J.C. Penney Co. will reverse Ron Johnson's strategy of reducing discounts and put coupon advertising in newspapers again, said William Ackman, the activist investor who recruited the ousted chief executive.

http://www.bloomberg.com/news/2013-04-11/j-c-penney-to-revive-coupon-now-johnson-out-ackman-says.html

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