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Former Apple retail chief Ron Johnson fired from J.C. Penney

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Fixing a broken retail business turns out to be a lot harder than building a new one.

FORTUNE -- Ron Johnson, the former Target (TGT) manager who tried to save the ailing J.C. Penney (JCP) using lessons he learned building Apple's (AAPL) retail empire was fired Monday.

CNBC had the scoop and the Wall Street Journal confirmed it.

"I've always dreamed of leading a major retail company as CEO," Johnson said when the MORE


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