FILE - In this May 16, 2018, photo, the J.C. Penney logo hangs outside the Manhattan Mall in New York. J.C. Penney has named Jill Soltau, who most recently served as president and CEO of fabric and crafts chain Jo-Ann Stores, to be its next CEO, effective Oct. 15, 2018. (AP Photo/Mary Altaffer, File)
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