By and  on March 7, 2012

NEW YORK — Karen Hoguet, chief financial officer of Macy’s Inc., took a swipe at Ron Johnson’s reinvention plan for rival J.C. Penney Co. Inc.

During a question and answer session at the Bank of America Merrill Lynch 2012 Consumer & Retail Conference here, Hoguet was asked if Penney’s ambitious plan “actually has the potential to change retail.”

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