By  on August 13, 2010

J.C. Penney Co. Inc. has been criticized for ceding market share to the likes of Macy’s and Kohl’s, but Myron E. “Mike” Ullman 3rd, chairman and chief executive officer, seems to have his eye on some stiffer competition — fast-fashion retailers.

The often-mentioned fast-fashion retailers in the U.S. are Zara, Uniqlo, Forever 21, H&M and Mango.

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