Ackman wants to oust JC Penney's chairman

1:08 PM ET Fri, 9 Aug 2013

Activist Bill Ackman is really trying to push JC Penney's board of directors to get its Chairman Tom Engibous out. CNBC retail analyst Stacey Widlitz, weighs in. "This is a complete distraction to the current management," says Widlitz.