Central issues J.C. Penney's new proprietors are searching for another pioneer for the striving retailer, which arose out of insolvency recently. Penney CEO Jill Soltau, who had been tapped to resuscitate the retail chain, will leave the organization Thursday. The organization is one of the numerous retailers pushed to the verge by the Covid pandemic. J.C. Penney CEO Jill Soltau, who was tapped to pivot the striving retail chain, will leave the organization Thursday. The organization's new proprietors, Simon Property Group and Brookfield Asset Management said Wednesday that they're searching for another pioneer "who is centered around current retail, the buyer experience, and the objective of making a maintainable and suffering JCPenney." The Plano, Texas-based retailer petitioned for financial protection in May. It was purchased by the two U.S. shopping center proprietors in the fall and arose recently. It joined a developing rundown of retailers' pushed...