FILE - In this Tuesday, April 9, 2013 file photo, customers shop at a J.C. Penney store, in New York. William Ackman has resigned from J.C. Penney Co.’s board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator. J.C. Penney’s rose in premarket trading Tuesday, Aug. 13, 2013. (AP Photo/Mark Lennihan, File)

Associated Press
FILE - In this Tuesday, April 9, 2013 file photo, customers shop at a J.C. Penney store, in New York. William Ackman has resigned from J.C. Penney Co.’s board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator. J.C. Penney’s rose in premarket trading Tuesday, Aug. 13, 2013. (AP Photo/Mark Lennihan, File)
FILE - In this Tuesday, April 9, 2013 file photo, customers shop at a J.C. Penney store, in New York. William Ackman has resigned from J.C. Penney Co.’s board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator. J.C. Penney’s rose in premarket trading Tuesday, Aug. 13, 2013. (AP Photo/Mark Lennihan, File)
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