AdvertisementAfter Missteps, Does J.C. Penney Stand Another Chance?03:12Download AudioResumeApril 09, 2013Yuki NoguchifacebookEmailAfter an unsuccessful face-lift attempt by Ron Johnson, J.C. Penney will be led by former CEO Myron Ullman. Some analysts say this might be it for the retailer; others say it must "embrace" its customers to recuperate. (AP)