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Published June 18, 2012, 12:00 AM

J.C. Penney in Victorville, Calif.

This Feb. 6 file photo shows the J.C. Penney department store at the Mall of Victor Valley in Victorville, Calif. (AP Photo/The Victor Valley Daily Press, David Pardo, File)

Read the article: J.C. Penney Co. says president leaving