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Big retailers find it hard shopping for a CEO

from The Wall Street Journal

Target Corp. isn't the only U.S. retailer looking for a new boss — and new ideas. Department store chain J.C. Penney Co., teen retailer American Eagle Outfitters Inc. and a handful of others are also on the hunt for chief executives. The turnover at the top — and in some cases the extended searches for replacements — are further evidence of the pressure on an industry where once successful models are out of step with Americans' new shopping habits. more


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